Supply Chain Resilience Among SMEs Manufacturer in Malaysia- A Survey
According to the 2018 report from Business Continuity Institute, supply chain disruption was listed as one of the top ten threats. There was a tremendous growth in academic research papers on harnessing resilience to face this growing business threat. The number of insolvent companies in Malaysia ha...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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European Publisher
2019
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| Subjects: | |
| Online Access: | http://eprints.usm.my/47903/ http://eprints.usm.my/47903/1/Supply%20Chain%20Resilience%20Among%20SMEs%20Manufacturer%20in%20Malaysia-%20A%20Survey.pdf |
| Summary: | According to the 2018 report from Business Continuity Institute, supply chain disruption was listed as one of the top ten threats. There was a tremendous growth in academic research papers on harnessing resilience to face this growing business threat. The number of insolvent companies in Malaysia had increased 1,203% year-on-year from 2754 in the year of 2016 to 38093 in 2017 which is extremely worrying. This paper presents the familiarity of supply chain resilience among SMEs manufacturers in Malaysia including their recovery speed in their past experience in facing financial crisis and potential barriers they might face when creating supply chain resilience and lastly a list of performance measures for their “financial survival bag” was suggested. 800 questionnaires were distributed to SMEs manufacturers in Malaysia and 280 respondents’ responded to the survey. Majority of the respondents are directors/CEOs/owners/ financial decision makers. More than half of the SMEs manufacturers in Malaysia are familiar with resilient supply chain management. However, more than half of them have only a limited understanding and are unclear about the action to be taken to respond to disruption. In a nut shell, majority of the SMEs manufacturers in Malaysia have not implemented resilient supply chain management. Furthermore, there is a need to research on their business longevity and ensure their long term survivability in Malaysia. |
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