Overcoming SMEs Financing and Supply Chain Obstacles by Introducing Supply Chain Finance
Abbasi Waseem Ahmed (),
Wang Zongrun () and
Alsakarneh Asaad ()
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Abbasi Waseem Ahmed: Business School of Central South University, Changsha, Hunan China
Wang Zongrun: Business School of Central South University, Changsha, Hunan China
Alsakarneh Asaad: Business School of Central South University, Changsha, Hunan China
HOLISTICA – Journal of Business and Public Administration, 2018, vol. 9, issue 1, 7-22
Abstract:
Keeping in view the importance of small and medium enterprises (SMEs) for the growth of a nation, we must also keep an eye on the challenges faced by those SMEs. There are various kinds of financing and supply chain options available for SMEs but they still face lot of hindrances. This paper would help us to understand why SMEs are important for the development of any country and how could we help the SMEs from facing challenges related to financing and supply chain. This study further highlights the key financing issues faced by SMEs and also focuses on major supply chain challenges confronted by the SMEs. This study put emphasis on the concept of supply chain finance (SCF) and that how SCF could help SMEs to overcome those challenges. In addition, this paper also points out the benefits and prospects of SMEs. Even though the concept of SCF is still in developing phase but it has shown significant assistance to SMEs in order to grow further.
Keywords: Small and Medium Enterprises; Supply Chain Management; Supply Chain Finance; Financing Challenges (search for similar items in EconPapers)
JEL-codes: D9 G1 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:hjobpa:v:9:y:2018:i:1:p:7-22:n:1
DOI: 10.1515/hjbpa-2018-0001
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