Abstract

Supply Chain Management in Smes: Global Perspective

Highlights

  • The economic growthsat national and international levels are shaped to a certain extent by the Small and Medium-sizedEnterprises (SMEs) - OECD, 2009

  • Results confirmed SCM's determinants, factors, barriers, practices, functioning, environmental and social sustainability statistically significantly differ in contrasting economies while only SCM determinants do not significantly differ for the size of entity

  • The aim of this study is, “to investigate the supply chain management practices in the SMEs operating in distinctive economies”

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Summary

Introduction

The economic growthsat national and international levels are shaped to a certain extent by the Small and Medium-sizedEnterprises (SMEs) - OECD, 2009. In order to survive in the complex and competitive business environment, the adaptation of the adequate strategies is essential for the SMEs in all types of economies (Kljucnikov et al, 2016; Kozubikova et al, 2017; Lesakova, 2014). The concept of supply chain managementapplication regarding the SMEs functioning strategy becomes more essential because the operations of supply chain incorporate all activities and actions interlinked with the products’ flow and transformation, starting from the extraction of raw material through various processing stages and to reach the end consumers (Kovacs and Kot, 2016). Necessary information moves with the flow of goods in the supply chain. The focus has moved from the enterprise level to the perspective of the supply chain because of the intense competition (Liberko et al, 2015). In the era of advanced technology and ease of accesses to information, customers’expectation from the companies to produce higher

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