Supply Chain Resilience Impact in Missouri Manufacturing

GrantID: 76210

Grant Funding Amount Low: Open

Deadline: Ongoing

Grant Amount High: Open

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Summary

This grant may be available to individuals and organizations in Missouri that are actively involved in Small Business. To locate more funding opportunities in your field, visit The Grant Portal and search by interest area using the Search Grant tool.

Grant Overview

Target Outcomes for Supply Chain Resilience in Missouri

In Missouri, the focus on enhancing supply chain resilience is critical, especially for small manufacturers that are vital to the state's economy. Recent disruptions caused by global challenges have exposed vulnerabilities in local manufacturing processes. According to a recent survey by the Missouri Economic Research and Information Center, 72% of local manufacturing entities reported difficulties in sourcing materials consistently. This underlines the need for robust solutions to streamline operations and improve supply chain reliability.

The primary target outcomes of the Supply Chain Resilience Program include increased efficiency and reduced operational disruptions for small manufacturers. These outcomes are crucial for maintaining Missouri's manufacturing and economic stability. The program intends to create a more resilient supply chain that can adapt to both local and global challenges, ensuring that manufacturers can compete effectively in the broader market.

Collaboration with local universities and research institutions will be an integral aspect of this program. By leveraging academic expertise, the initiative intends to identify innovative solutions and technologies that can enhance manufacturing processes. This partnership will not only contribute to immediate operational improvements but also foster a culture of continuous innovation in the manufacturing sector.

Implementation will focus on practical strategies that promote supply chain optimization, such as technology upgrades, logistics enhancements, and workforce training. Measurable outcomes will be tracked through operational metrics that reflect improvements in efficiency, cost-effectiveness, and redundancy in supply chains. By investing in the supply chain capabilities of small manufacturers, Missouri aims to solidify its position as a manufacturing powerhouse while ensuring the longevity and competitiveness of its local businesses.

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