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Uncertain About Tariffs? Get Clear Insights and Plan Your Next Move

Explore the Tariff Scenario Planner

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July 28, 2024

Public Sector: Economic Security

Author: Team Altana

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Critical goods and services are vulnerable across global value chain networks, and policymakers are flying blind and falling short with traditional policy toolkits.

Globalization created a vastly complex and interconnected global economy which outpaced governments’ ability to understand and manage the resilience and security of their critical industries. The value chains of critical goods and services, from defense hardware to semiconductors to pharmaceuticals, are now dependent on foreign governments and businesses, some of which are competitive or outright adversarial.

The traditional policy toolkit is outdated, and governments are flying blind. Entity lists, tariffs, and industrial policies all fail to take into account the multi-tier global value chain connections and dependencies, leading to failed policy outcomes or, worse, unintended negative consequences from second- and third-order effects across value chain networks. To be successful, an economic security policy agenda must be built around global value chain visibility and aimed toward building trusted global value chains.

Now is the the time to take command of critical value chains.

The recent supply chain disruptions from Covid, climate events, and the Russian war against Ukraine reveal the untenable fragility of our national economies and critical industries to global shocks. Against this backdrop of global instability and great power competition, governments must urgently both gain visibility and take command of the global value chains on which critical national industries depend. visibility and aimed toward building trusted global value chains.

Altana, the world’s first Value Chain Management System, enables policymakers to see, simulate, and collaborate across global value chains from a control tower of their critical industries.

See across the detailed global value chain networks of your critical industries, sub-sectors, products, and companies — traversing the macro to micro from one integrated, control tower view. Altana provides unparalleled visibility and clarity across the global supply chain network through our proprietary federated data network, connecting the world’s public and non-public supply chain data into a common operating picture. Through a sovereign, federated deployment of Altana, your national datasets on trade, taxes, corporate ownership, and more can be integrated into one common operating picture of your critical national industries, integrated across global value chains, all while protecting your data sovereignty and privacy.

Focus on what matters most through proactive risk assessments and policy simulations with AI assistance. Real-time global event monitoring and alerting, combined with AI-driven targeting of resilience concerns and opportunities, empower you to proactively build supply chain resilience by acting early on network vulnerabilities and far in advance of global events as disruptions cascade into your national economy through the global network. Simulate policy interventions such as tariffs, subsidies, restricted party designations, and more, in order to model both the direct and indirect impacts of policies on your critical value chains and avoid unintended consequences.

Act through a common operating picture with partner agencies, allied governments, and with your critical industry participants. Altana’s unique federated data platform provides for a collaborative, shared view of the supply chain network without commingling and sharing data. Altana is unlocking public-private partnerships on trade facilitation, economic security, and supply chain resilience for major government agencies worldwide.

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