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 The Biden administration's real-time supply chain demand tracker is getting more deeply embedded in the economy
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The Biden administration's real-time supply chain demand tracker, called FLOW, is expanding to track inland freight ports, including rail terminal and warehouse end-destination data. The platform, launched two years ago, has partnered with companies including Walmart, Target, Nike, Home Depot, FedEx, Union Pacific, and DHL to track the supply chain as a cause of inflation in real time. The expansion of FLOW will capture and publish data on inland freight ports, providing a real-time snapshot of port and inland network congestion and monitoring unexpected cargo shifts. The data-sharing platform aims to create a line of sight across various trade routes and methods to make informed decisions and mitigate trade uncertainties. The White House economic analysis found that more than 80% of recent progress in lowering inflation can be attributed to the supply chain. FLOW is part of the Biden administration's response to supply chain disruptions caused by the Covid-19 pandemic and aims to improve the efficiency and timeliness of America's supply chain through data sharing and analysis.

#BidenAdministration #SupplyChain #Inflation #Flow #DataPartnership #FreightPorts #Logistics #TradeRoutes

https://www.cnbc.com/2024/03/20/biden-administration-is-expanding-its-real-time-supply-chain-tracker.html