Supply Chain Resilience Among SMEs Manufacturer in Malaysia- A Survey

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

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Abstract

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.

Item Type: Article
Subjects: H Social Sciences > HB Economic Theory > HB615-715 Entrepreneurship
H Social Sciences > HD Industries. Land use. Labor > HD2340.8-2346.5 Small and medium-sized businesses, artisans,handicrafts, trades
H Social Sciences > HG Finance > HG4001-4285 Finance management. Business finance.Corporation finance
Divisions: Pusat Pengajian Ilmu Kemanusiaan (School of Humanities) > International Conference on Humanities (ICH)
Koleksi Penganjuran Persidangan (Conference Collection) > International Conference on Humanities (ICH)
Depositing User: Mr Musa Mohamed Ghazali
Date Deposited: 16 Nov 2020 06:46
Last Modified: 16 Nov 2020 06:46
URI: http://eprints.usm.my/id/eprint/47903

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