Bill 117 HR 6118, also known as the National MEP Supply Chain Database Act of 2021, is a piece of legislation introduced in the US Congress. The purpose of this bill is to establish a national database that will track and monitor the supply chain of manufacturers, exporters, and producers in the United States.
The bill aims to improve transparency and efficiency in the manufacturing sector by creating a centralized database that will provide real-time information on the availability of products, materials, and components. This database will help businesses make informed decisions about their supply chain, reduce costs, and improve overall productivity.
Additionally, the National MEP Supply Chain Database Act of 2021 will also enhance collaboration between manufacturers, suppliers, and government agencies by facilitating communication and information sharing. This will help to identify potential bottlenecks in the supply chain and address them in a timely manner.
Overall, this bill is designed to strengthen the competitiveness of American manufacturers and promote economic growth by streamlining the supply chain process. It is a bipartisan effort to support the manufacturing industry and ensure that the United States remains a global leader in production and innovation.