Asian SMEs struggle to forecast demand

22 April 2007
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23 April 2007 | Antony Barton

Forecasting demand is the biggest supply chain problem facing Asian SMEs, according to research.

Some 53 per cent of respondents to the UPS Asia Business Monitor survey said this was the central obstacle.

It also found only 39 per cent of Japan's SMEs said they were saving time and money through efficient supply chain methods and 22 per cent claimed their supply chains were not fully maximised. Thirty-seven per cent said the lack of knowledge and expertise in supply chain management was an obstacle to effective management.

In other countries the outlook is more promising with 71 per cent of respondents across the region saying their companies use supply chains efficiently. Some 86 per cent of SME leaders in Indonesia and 84 per cent in the Philippines and China said this was the case.

The survey collected the views of 1,200 SME leaders across 12 Asian markets.


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