Experts from the Supply Chain Finance (SCF) Observatory at the School of Management of Politecnico di Milano, Federico Caniato and Antonella Moretto, and a director of the MIT Center for Transportation & Logistics, James B. Rice, Jr. have pooled their knowledge to explain in the Harvard Business Review why they feel a financial crisis is looming for smaller suppliers.
They say a crisis, “less visible than the financial distress wrought by the Covid-19 pandemic,” is sitting deep within supply chains and is destabilising small and medium-sized enterprises (SMEs). It could, they say, add to the woes of the global economy.
