Impact of Technology on Business Sustainability: A Supply Chain Perspective

How can SMEs keep up with the ever-changing business landscape and better prepare from a supply chain’s perspective?

Key findings from the survey include:

  • Shortage of digital solutions specifically for SME
  • Increased in productivity and efficiency among SMEs due to automation
  • Rise in adoption rate for digital solutions due to government and private sector collaboration in creating awareness and with the availability of grants and capacity building programmes

“Using digital tools and solutions can enable big corporations as well as small and medium enterprises (SMEs) in Malaysia to make faster and better decisions, and improve operational efficiencies and cost reductions. Digitalisation of procurement process helps SMEs via outstanding savings, less time-wasting, and enhanced engagement with suppliers.”

Read more from The Star Online >  https://www.thestar.com.my/business/business-news/2020/08/17/creating-a-sustainable-e-procurement-ecosystem