Only some companies have what it takes to balance tough times
The economic downturn has resulted in less international trading, with companies feeling the financial squeeze worldwide. Manufacturers are struggling to use their exist
ing capacity by sourcing additional orders, leaning their supply chain and, inevitability, reducing their workforce to save costs. They are flooded with enormous exogenous pressures due to growing uncertainties in trade and market disruption.
Small and medium enterprises, which form the bulk of the supply chain, have been badly hit and have sought substantial financial support from banks and governments to improve their cash flow.
Dr. Albert Tan, Associate Director, The Logistics Institute- Asia Pacific
