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The Impact of Technology on the US Energy Market

Hoskin would visit nearly a dozen different Canadian homes, moving about Ontario and Quebec before arriving in the "more cultured, more civilised" Vancouver. He became a Canadian citizen and continued to create books, each one more absurd than the last. Rampa allegedly flew as an air ambulance pilot in World War II, evaded capture and torture, and fled a prison camp near Hiroshima on the day the bomb was dropped. In Vancouver, Hoskin stayed in a West End hotel. According to his secretary's self-published memoir, he liked the waterfront vistas but found Vancouver difficult to navigate. He couldn't recreate The Third Eye's success; it had been difficult to find a home that could accommodate his cats, and health difficulties required the use of a wheelchair in an inhospitable metropolis. Hoskin became more reclusive as his writings expanded to include aliens, prophecies about future conflicts, and previously unreported escapades of Christ. Hoskin moved again, this ti...
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The Role of Government in Promoting Business Resilience in the USA

During the peak of disruptions caused by the COVID-19 pandemic, consumers struggled to meet their basic daily needs such as eggs and vegetables. Manufacturers also struggled to secure materials for production. The scarcity of chips or semiconductors, the fourth most traded product globally, affected supply chains in a variety of industries, including cars, smartphones, and computers, highlighting the far-reaching repercussions of disruptions in a single component.

A automobile may need 1,400-1,500 semiconductor chips, whereas a smartphone may use eight separate high-performance semiconductors



The logistics and transportation sectors also faced significant difficulties in delivering to clients. Lockdown and quarantine restrictions resulted in a lack of truck drivers and sailors, intensifying the constraints and chokepoints that connect suppliers and traders around the world.The COVID-19 pandemic exposed weaknesses in global supply systems, emphasizing their importance in our daily lives. While supply networks are common, few people completely understand how they operate. We only become keenly aware of supply chains when they fail, as disruptions have a direct influence on commodities availability and inflation. Otherwise, supply chain processes typically go unnoticed in the background.What is a supply chain?In its most basic form, a supply chain has only two parties: the buyer and the vendor. The seller ensures that commodities are successfully delivered to customers, which demands the establishment of a transportation and logistics department to assure connectivity and delivery success.A larger definition of supply chain includes the manufacturing process of a product, such as automobiles or smartphones. This requires a complicated network of suppliers (for raw materials, parts, and components) working together to manufacture and produce commercial goods.In short, a supply chain is a dynamic and complex network of companies, people, activities, information, and resources that contribute to the creation and distribution of a product or service.In pursuit of a resilient supply network.The COVID-19 problems have prompted questions about supply chain resilience. Critics believe that company supply networks require a full revamp to become more robust and avoid future disruptions caused by comparable incidents or other 'black swan' dangers.

A recent APEC study argues that there is a strong need to enhance supply chains to better manage risks



and global disruptive events in order to avoid severe effects not just on customers but also on enterprises, trade, and the global economy. Disruptions not only cause supply chain failures in meeting fundamental necessities, but they also have far-reaching economic effects, such as higher inflation and slower growth.On the other hand, it is critical to recognize the many views on supply chain performance during the pandemic. Some suggest that supply chains performed quite well, citing a rapid recovery in global value chain involvement from 43 percent at the pandemic's peak in 2020 to 48-49 percent in 2022, as assessed by the share of intermediate (or value-added) trade in gross export. Top trading hubs such as Singapore, China, and the United States are seeing strong recoveries and increases in global value chain participation. The relatively swift recovery in global value chain involvement indicates a high level of resilience within the current supply chain and industrial network, demonstrating its ability to recover.While the pandemic revealed risks, the rebound in participation indicates a degree of resilience within the supply chain network. The pandemic-related supply chain disruptions underscore the need for changes as supply chains shift to a new normal. The global disruption occurred due to the 'network' characteristics of supply chains, which have a hub-and-spoke structure. While a vast, worldwide network of supply chains allows disruption to spread widely and swiftly, it also allows for quick regrouping and recovery once chokepoints are resolved and the system adjusts.Of course, continual efforts are required to build resilience and solve persistent difficulties. Several solutions have been proposed to improve the structure and functioning of global supply chains, such as de-risking, re-shoring, and plus-one sourcing.

It is apparent that supply chains must become more aware of new risks and seek novel ways to control them by leveraging current technologies



There s no one-size-fits-all approach to supply chain design. Essentially, businesses must carefully weigh the potential trade-off between lowering operating expenses and providing a stronger customer experience that boosts competitiveness.Future supply networks could become more resilient by leveraging innovative digital technologies such as RFID, blockchain, and artificial intelligence (AI) to increase end-to-end supply chain visibility in real time. A higher level of supply chain visibility will allow stakeholders to collaborate and trust one another, resulting in the rapid adoption of innovative and comprehensive solutions.The government's involvement in developing resilienceWhile the private sector deals with resilience challenges on a daily basis and understandably has valuable experience in risk management and mitigation (driven by profit and survival), governments play an essential role in promoting company and supply chain resilience. Their functions as regulators and providers of vital infrastructure are significant.n general, governments should continue their public role by investing in trade facilitation and logistics infrastructure to alleviate supply bottlenecks. For example, updating and digitalizing customs and port systems allows for speedier trade flow even during unexpected regulatory changes, such as those experienced during the epidemic.Additionally, governments should concentrate their efforts on preventing supply chain disruptions for dangerous and critical products. In such circumstances, governments can take a more direct role, acting to assure supply continuity when a failure would have serious ramifications for the public good.Governments should encourage investment in technical innovation. Greater digitalization of supply networks will allow businesses to find a better balance between efficiency and resilience. Cloud-based solutions, artificial intelligence, and blockchain technologies enable businesses to monitor their suppliers in real time, gaining more detailed data and insights to prevent and adjust to disruptions. Such innovation will add value to organizations in their search of resilience.

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