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...

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Main Authors: Ying, Ying Tang, Kuan, Yew Wong, Hassan, Syed Ahmad Helmi Bin Syed
Format: Article
Language:English
Published: European Publisher 2019
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
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author Ying, Ying Tang
Kuan, Yew Wong
Hassan, Syed Ahmad Helmi Bin Syed
author_facet Ying, Ying Tang
Kuan, Yew Wong
Hassan, Syed Ahmad Helmi Bin Syed
author_sort Ying, Ying Tang
building USM Institutional Repository
collection Online Access
description 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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spelling usm-479032020-11-16T06:46:09Z http://eprints.usm.my/47903/ Supply Chain Resilience Among SMEs Manufacturer in Malaysia- A Survey Ying, Ying Tang Kuan, Yew Wong Hassan, Syed Ahmad Helmi Bin Syed HB615-715 Entrepreneurship HD2340.8-2346.5 Small and medium-sized businesses, artisans,handicrafts, trades HG4001-4285 Finance management. Business finance.Corporation finance 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. European Publisher 2019-10-30 Article PeerReviewed application/pdf en http://eprints.usm.my/47903/1/Supply%20Chain%20Resilience%20Among%20SMEs%20Manufacturer%20in%20Malaysia-%20A%20Survey.pdf Ying, Ying Tang and Kuan, Yew Wong and Hassan, Syed Ahmad Helmi Bin Syed (2019) Supply Chain Resilience Among SMEs Manufacturer in Malaysia- A Survey. European Proceedings of Social and Behavioural Sciences, 89. pp. 323-338. ISSN 2357-1330 https://www.europeanproceedings.com/proceedings/EpSBS/volumes/ich2019
spellingShingle HB615-715 Entrepreneurship
HD2340.8-2346.5 Small and medium-sized businesses, artisans,handicrafts, trades
HG4001-4285 Finance management. Business finance.Corporation finance
Ying, Ying Tang
Kuan, Yew Wong
Hassan, Syed Ahmad Helmi Bin Syed
Supply Chain Resilience Among SMEs Manufacturer in Malaysia- A Survey
title Supply Chain Resilience Among SMEs Manufacturer in Malaysia- A Survey
title_full Supply Chain Resilience Among SMEs Manufacturer in Malaysia- A Survey
title_fullStr Supply Chain Resilience Among SMEs Manufacturer in Malaysia- A Survey
title_full_unstemmed Supply Chain Resilience Among SMEs Manufacturer in Malaysia- A Survey
title_short Supply Chain Resilience Among SMEs Manufacturer in Malaysia- A Survey
title_sort supply chain resilience among smes manufacturer in malaysia- a survey
topic HB615-715 Entrepreneurship
HD2340.8-2346.5 Small and medium-sized businesses, artisans,handicrafts, trades
HG4001-4285 Finance management. Business finance.Corporation finance
url http://eprints.usm.my/47903/
http://eprints.usm.my/47903/
http://eprints.usm.my/47903/1/Supply%20Chain%20Resilience%20Among%20SMEs%20Manufacturer%20in%20Malaysia-%20A%20Survey.pdf