UAW President on Biden supply chains order: ‘Important step’
(AP Photo/David Zalubowski, File)President Joe Biden signed an executive order Wednesday intended to boost manufacturing jobs by strengthening U.S. supply chains for advanced batteries, pharmaceuticals, critical minerals and semiconductors. There are 12.2 million manufacturing jobs in the United States, down from 17 million in 2000, according to the Bureau of Labor Statistics. United Auto Workers (UAW) President Rory L. Gamble released a statement Wednesday calling this executive order an “important step”AdHere is Gamble’s full statement:‘The UAW is working with and supports President Biden in issuing his executive order on strategic supply chains which comes at a critical time for UAW members, retirees, and their families. The Biden Administration’s review of key U.S. supply chains, including semiconductor manufacturing, electric car batteries, medical supplies, and rare earth elements is an important step. Over the last year in dealing with the coronavirus pandemic, our nation has repeatedly experienced the pitfalls of offshoring critical supply chains.
Ann Arbor’s Llamasoft acquired by Coupa Software for $1.5B
ANN ARBOR – California-based Coupa Software announced Monday that it has acquired AI supply chain company Llamasoft for approximately $1.5 billion. Llamasoft’s AI-powered cloud platform helps companies make quick, informed supply chain decisions. Now more than ever, supply chain agility remains critical as economic conditions, consumer preferences and the political landscape continue to change amid the global pandemic. At the beginning of the year, Llamasoft launched its newest product llama.ai, which helps bring forward valuable insights via proven supply chain algorithms. “We are very excited about joining forces with Coupa,” Razat Gaurav, CEO at LLamasoft said in a news release.