T
TechnoloGy WAtCH
38 AprIL/MAY 2017 www.vanguardcanada.com
Based on our
understanding
of Canada's
sophistication, we
have built electronic
calculators
throughout OMX
for measuring
domestic content
around the world.
the Jones Act requires that a vessel must be built in the U.S. if
cargo is being shipped from an American port to another Ameri-
can port, either directly or through a foreign port.
The Jones Act is covered under Section 27 of The Merchant
Marine Act of 1920 and requires that vessels be constructed or
rebuilt in the U.S., owned by citizens of the U.S. and crewed
by U.S. citizens and permanent residents. Further, the Berry
Amendment requires that the United States DOD give prefer-
ence to American suppliers on certain products, including tex-
tiles and metals. Not to be confused with each other, both the
Buy America and Buy American acts further require preference
be given to American companies when the Federal government
is the client. Though only applicable right now to federal pro-
curements, the type of tracking required by these programs is
something we see being flowed down onto industry – to prove
they are doing the maximum in their efforts to support Ameri-
can enterprises.
country of origin
Practically speaking, I now believe that Trump's focus will be re-
quiring data on the "country of origin" content in supply chains.
In other words, to foreign companies working in and selling to
America – the requirement to track where their suppliers are
throughout their supply chains – and to local American based
businesses – well, the exact same. So, to all business leaders who
touch the American "elephant" in any way, I believe the question
of the near future will be: "Do you know where your suppliers
are – and how about your suppliers' suppliers?"
large corporations and local Supply
A lot of work outside of managing this content for defence off-
sets at OMX has been around helping large corporations in other
sectors source locally and track/report on the impacts, because
it is "nice to have" or just the right thing to do. Recognizing
Organization size Organizations by Province