A new report from HSBC Commercial Banking has reiterated the need for close, reciprocal style relationships between small and medium sized (SME) manufacturers and their suppliers as a way of easing the pressure of economic uncertainty.
The ‘Value of Relationships’ report found that 58 per cent of SMEs in manufacturing and production claim to have good relationships with all of their suppliers but 84 per cent of manufacturers, compared with 64 per cent of all businesses, said good relationships were ‘vital’ to their success. This rose to 97 per cent, in…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
