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HOW BEST TO RESHORE
SUPPLY CHAIN
Paul Young CPA, CGA – May 20, 2020
PAUL YOUNG - BIO
• CPA, CGA
• Financial Solutions
• SME – Risk Management
• SME – Emerging Technology
• SME – Business Process Change
• SME – Close, Consolidate and
Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
KEY PRODUCTS
• Medical Supplies
• Pharmaceuticals
• Strategic Metals
• Oil
• Natural Gas
• Food Processing
• Summary
• Training/Development
Add a Footer 3
MEDICAL SUPPLIES
Source - https://www.prnewswire.com/in/news-
releases/medical-supplies-market-size-is-
projected-to-reach-usd-160-6-billion-by-2025-
growing-at-a-cagr-of-7-2-valuates-reports-
873469099.html
Add a Footer 4
Next steps
• The procurement cycle needs to be coordinated between
provincial and states related medical supplies -
https://thehill.com/opinion/international/490963-a-
defining-moment-in-our-medical-supply-chain-crisis
• All levels of government need to set up strategic supplies of
key medical equipment. Yearly audits should be done to
ensure the supply meets future demand as well as dealing
with any expiration dates.
• Hospital funding will need to be adjusted to respect higher
costs related to sourcing medical supplies locally.
PHARMACEUTICALS
Source https://www.globenewswire.com/news-
release/2020/01/17/1972092/0/en/Global-
Pharmaceuticals-Industry-Analysis-and-Trends-
2023.html -
Add a Footer 5
Next steps
• Private and Public drug plans need to be re-evaluated as part
changes to pharmacare -
https://www.slideshare.net/paulyoungcga/can-canada-be-
successful-at-pharmacare
• Review of patent protection laws for drugs -
https://www.canada.ca/en/health-
canada/news/2019/08/government-of-canada-announces-
changes-to-lower-drug-prices-and-lay-the-foundation-for-
national-pharmacare.html
• Review of regulations, tax policies, etc. related to R&D as part
of supporting the pharmaceutical sector
STRATEGIC
METALS – RARE
METALS
Rare Metals - https://investingnews.com/daily/resource-
investing/critical-metals-investing/rare-earth-
investing/rare-earth-reserves-country/
Add a Footer 6
• Re-thinking the supply chain for clean technology including
alternative products that are less dependent on rare earths
• Encouraging manufacturers of cell phones and other products
to move to other jurisdictions
• India / Apple -
https://appleinsider.com/articles/20/05/18/apple-
moves-to-de-risk-china-production-keep-iphone-se-
price-low
• Re-visiting power generation with more focus on other
sources like molten salt, hydro, nuclear, natural gas -
https://www.slideshare.net/paulyoungcga/electricity-
generation-co2-and-environmental-impact-whats-next
• China dominates the world in terms of rare metals
• The world needs to look at other sources for rare metals
including development new sources -
https://business.financialpost.com/commodities/mining/
you-dont-control-your-destiny-why-canadas-rare-earth-
deposits-are-staying-in-the-ground
• Key is development of these remote mines in
economic and sustainable manner
STRATEGIC
METALS - LITHIUM
Source -
https://www.statista.com/statistics/2
68790/countries-with-the-largest-
lithium-reserves-worldwide/Add a Footer 7
• Supporting development and manufacturing of lithium
batteries locally - https://smallcaps.com.au/novonix-
discovers-breakthrough-method-low-cost-synthesis-
lithium-ion-battery-materials/
• More balance when it comes to electrical cars vs gas
power - https://www.slideshare.net/paulyoungcga/ev-
electrical-vehicles-all-you-need-to-know
• How best to support the building of 5G networks
• https://www.northernminer.com/subscribe-
login/?id=1003812039
• Support local mining and smelting operations -
https://electricautonomy.ca/2020/05/05/ontario-cobalt-
refiner-eyes-breakthrough-ev-supply-chain-role/
• Key reserves for lithium are in Latin America
• Stronger trade and investment ties to Central
America
STRATEGIC
METALS -
VANADIUM
Source -
https://investingnews.com/daily/resource-
investing/battery-metals-investing/vanadium-
investing/vanadium-reserves/
Add a Footer 8
• Bulk of vanadium is controlled by Russia and China
• Strategic purchases of assets/mines
https://www.northernminer.com/fast-news/u-s-
vanadium-acquires-russian-owned-vanadium-facility-
in-arkansas/1003810596/
• Streamlining the regulator process for mines -
https://investingnews.com/company-
profiles/vanadium-one-iron-tsxv-vone-ore-vanadium-
mineral-exploration-canada/
• Look at ways to support local battery producers -
https://www.greentechmedia.com/articles/read/flow-
batteries-struggle-in-2019-as-lithium-ion-marches-on
OIL SECTOR
• Oil still plays a vital role as plastics are
required for medical supplies,
vehicles, etc.
• Oil needs to be treated with respect
• Oil needs to be identified as a strategic
resources
• Oil needs to get to international markets
(Canada and USA)
• Pipeline construction needs to be
prioritized including streamlining the
approval process (analytics/modeling,
committee hearing, etc.)
• Energy hubs should be established as
part of exporting oil to international
markets
• Made in country solutions as it relates to
petrochemical production.
Add a Footer 9
Source - https://www.slideshare.net/paulyoungcga/oil-and-gas-sector-whats-happening-outlook-
2020-and-beyond
NATURAL GAS
Source -
https://www.slideshare.net/paulyoun
gcga/liquefied-natural-gas-canada-
what-is-nextAdd a Footer 10
• Natural gas power plants are growing importance -
https://www.eia.gov/todayinenergy/detail.php?id=4
2497
• Streaming the regulator process for LNG plants
• Countries like USA and Canada should identify
natural gas as strategic assets as part of promoting
LNG development/commercialization
FOOD PROCESSING
Source - https://www.slideshare.net/paulyoungcga/agriculture-and-
farming-sector-whats-next
Add a Footer 11
• Food processing needs to be treated as strategic asset
• More supports to farmers (tax fairness, labor
reforms, etc.
• More emphasis on distribution channels (i.e.
ports, rails, etc.)
• More balance trade between countries
• WTO needs to reform as part fixing issues with
protectionism -
https://www.slideshare.net/paulyoungcga/2019-
election-global-trade-barriers-and-protection-
wto-canada-september-2019
SUMMARY
• Ending the globalization push by the UN -
https://www.slideshare.net/paulyoungcga/rise-
and-fall-of-globalization
• China is no longer an emerging market -
https://www.slideshare.net/paulyoungcga/sear
ch_my_uploads?type=&new=&q=China
• Refocusing of governments of on the goods
producing sector -
https://www.slideshare.net/paulyoungcga/how
-do-you-address-and-fix-income-inequality
• Embracing technology as part of supporting
GDP growth -
https://www.slideshare.net/paulyoungcga/tech
nology-whats-next-for-canada
• Fair trade deals -
https://www.slideshare.net/paulyoungcga/wha
t-is-next-for-for-global-trade-protectionism
Add a Footer 12
OTHER SOURCES
• If you like to learn
more about trade
and/or other
subjects as part of
your professional
learning and
development then
feel free to review
my material on
https://www.udem
y.com/ (search Paul
Young CPA CGA

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How best to Reshore Supply Chains

  • 1. HOW BEST TO RESHORE SUPPLY CHAIN Paul Young CPA, CGA – May 20, 2020
  • 2. PAUL YOUNG - BIO • CPA, CGA • Financial Solutions • SME – Risk Management • SME – Emerging Technology • SME – Business Process Change • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Financial Solutions • SME – Supply Chain Management Contact information: Paul_Young_CGA@Hotmail.com
  • 3. KEY PRODUCTS • Medical Supplies • Pharmaceuticals • Strategic Metals • Oil • Natural Gas • Food Processing • Summary • Training/Development Add a Footer 3
  • 4. MEDICAL SUPPLIES Source - https://www.prnewswire.com/in/news- releases/medical-supplies-market-size-is- projected-to-reach-usd-160-6-billion-by-2025- growing-at-a-cagr-of-7-2-valuates-reports- 873469099.html Add a Footer 4 Next steps • The procurement cycle needs to be coordinated between provincial and states related medical supplies - https://thehill.com/opinion/international/490963-a- defining-moment-in-our-medical-supply-chain-crisis • All levels of government need to set up strategic supplies of key medical equipment. Yearly audits should be done to ensure the supply meets future demand as well as dealing with any expiration dates. • Hospital funding will need to be adjusted to respect higher costs related to sourcing medical supplies locally.
  • 5. PHARMACEUTICALS Source https://www.globenewswire.com/news- release/2020/01/17/1972092/0/en/Global- Pharmaceuticals-Industry-Analysis-and-Trends- 2023.html - Add a Footer 5 Next steps • Private and Public drug plans need to be re-evaluated as part changes to pharmacare - https://www.slideshare.net/paulyoungcga/can-canada-be- successful-at-pharmacare • Review of patent protection laws for drugs - https://www.canada.ca/en/health- canada/news/2019/08/government-of-canada-announces- changes-to-lower-drug-prices-and-lay-the-foundation-for- national-pharmacare.html • Review of regulations, tax policies, etc. related to R&D as part of supporting the pharmaceutical sector
  • 6. STRATEGIC METALS – RARE METALS Rare Metals - https://investingnews.com/daily/resource- investing/critical-metals-investing/rare-earth- investing/rare-earth-reserves-country/ Add a Footer 6 • Re-thinking the supply chain for clean technology including alternative products that are less dependent on rare earths • Encouraging manufacturers of cell phones and other products to move to other jurisdictions • India / Apple - https://appleinsider.com/articles/20/05/18/apple- moves-to-de-risk-china-production-keep-iphone-se- price-low • Re-visiting power generation with more focus on other sources like molten salt, hydro, nuclear, natural gas - https://www.slideshare.net/paulyoungcga/electricity- generation-co2-and-environmental-impact-whats-next • China dominates the world in terms of rare metals • The world needs to look at other sources for rare metals including development new sources - https://business.financialpost.com/commodities/mining/ you-dont-control-your-destiny-why-canadas-rare-earth- deposits-are-staying-in-the-ground • Key is development of these remote mines in economic and sustainable manner
  • 7. STRATEGIC METALS - LITHIUM Source - https://www.statista.com/statistics/2 68790/countries-with-the-largest- lithium-reserves-worldwide/Add a Footer 7 • Supporting development and manufacturing of lithium batteries locally - https://smallcaps.com.au/novonix- discovers-breakthrough-method-low-cost-synthesis- lithium-ion-battery-materials/ • More balance when it comes to electrical cars vs gas power - https://www.slideshare.net/paulyoungcga/ev- electrical-vehicles-all-you-need-to-know • How best to support the building of 5G networks • https://www.northernminer.com/subscribe- login/?id=1003812039 • Support local mining and smelting operations - https://electricautonomy.ca/2020/05/05/ontario-cobalt- refiner-eyes-breakthrough-ev-supply-chain-role/ • Key reserves for lithium are in Latin America • Stronger trade and investment ties to Central America
  • 8. STRATEGIC METALS - VANADIUM Source - https://investingnews.com/daily/resource- investing/battery-metals-investing/vanadium- investing/vanadium-reserves/ Add a Footer 8 • Bulk of vanadium is controlled by Russia and China • Strategic purchases of assets/mines https://www.northernminer.com/fast-news/u-s- vanadium-acquires-russian-owned-vanadium-facility- in-arkansas/1003810596/ • Streamlining the regulator process for mines - https://investingnews.com/company- profiles/vanadium-one-iron-tsxv-vone-ore-vanadium- mineral-exploration-canada/ • Look at ways to support local battery producers - https://www.greentechmedia.com/articles/read/flow- batteries-struggle-in-2019-as-lithium-ion-marches-on
  • 9. OIL SECTOR • Oil still plays a vital role as plastics are required for medical supplies, vehicles, etc. • Oil needs to be treated with respect • Oil needs to be identified as a strategic resources • Oil needs to get to international markets (Canada and USA) • Pipeline construction needs to be prioritized including streamlining the approval process (analytics/modeling, committee hearing, etc.) • Energy hubs should be established as part of exporting oil to international markets • Made in country solutions as it relates to petrochemical production. Add a Footer 9 Source - https://www.slideshare.net/paulyoungcga/oil-and-gas-sector-whats-happening-outlook- 2020-and-beyond
  • 10. NATURAL GAS Source - https://www.slideshare.net/paulyoun gcga/liquefied-natural-gas-canada- what-is-nextAdd a Footer 10 • Natural gas power plants are growing importance - https://www.eia.gov/todayinenergy/detail.php?id=4 2497 • Streaming the regulator process for LNG plants • Countries like USA and Canada should identify natural gas as strategic assets as part of promoting LNG development/commercialization
  • 11. FOOD PROCESSING Source - https://www.slideshare.net/paulyoungcga/agriculture-and- farming-sector-whats-next Add a Footer 11 • Food processing needs to be treated as strategic asset • More supports to farmers (tax fairness, labor reforms, etc. • More emphasis on distribution channels (i.e. ports, rails, etc.) • More balance trade between countries • WTO needs to reform as part fixing issues with protectionism - https://www.slideshare.net/paulyoungcga/2019- election-global-trade-barriers-and-protection- wto-canada-september-2019
  • 12. SUMMARY • Ending the globalization push by the UN - https://www.slideshare.net/paulyoungcga/rise- and-fall-of-globalization • China is no longer an emerging market - https://www.slideshare.net/paulyoungcga/sear ch_my_uploads?type=&new=&q=China • Refocusing of governments of on the goods producing sector - https://www.slideshare.net/paulyoungcga/how -do-you-address-and-fix-income-inequality • Embracing technology as part of supporting GDP growth - https://www.slideshare.net/paulyoungcga/tech nology-whats-next-for-canada • Fair trade deals - https://www.slideshare.net/paulyoungcga/wha t-is-next-for-for-global-trade-protectionism Add a Footer 12
  • 13. OTHER SOURCES • If you like to learn more about trade and/or other subjects as part of your professional learning and development then feel free to review my material on https://www.udem y.com/ (search Paul Young CPA CGA