NAB SME Business Insights: Supply Chain Issues Q2 2022
The impact on business, and how SMEs believe supply chain issues can best be solved.
Forklift driver relocating and lifting goods in large warehouse center.
Overview
- SMEs see no improvement in supply chains, with expectations also less positive. Over 3 in 10 SMEs say they are a significant issue for their business now and in 12 months’ time.
- Supply chain issues are problematic according to most businesses operating in VIC, and in the Manufacturing and Wholesale sectors.
- Most SMEs believe supply chain issues can best be solved by more investment in local manufacturing facilities, improvements to road, rail, sea and air infrastructure, holding more product and raw material stock and sourcing new or alternate suppliers.
For more information, please see the full report SME Supply Chain Issues (Q2 2022)
About the Author
NAB’s Group Economics consists of a leading team of economists who provide accurate, timely and relevant updates on domestic, international and industrial economic trends.
Headed up by the Group Chief Economist, Alan Oster, the team is comprised of three distinct departments:
- Australian economics and commodities
- International economics
- Industry economics
The team publish a wealth of content including reports, surveys, forecasts and indexes.
