Executive Briefings

Mid-Sized Companies' Impact on Economy Often Overlooked

Although often overlooked, middle-market companies are making positive impacts on the economy and the global supply chain.   They are the middle children of the business world, tucked between billion-dollar companies that attract great attention because of their size, and small businesses that grab headlines for their entrepreneurial spirit.

Recent research into middle-market companies, those with annual revenue between $10m and $1bn, finds they are the growth engines in today's economy. In fact, if the nearly 200,000 U.S. middle-market companies were their own country, that country would be the fourth-largest economy in the world, behind Japan and ahead of Germany.

Research shows that middle-market companies tend to:

• Have supply chains that are more likely to be local and/or regional, creating stronger links and affiliations with local communities.

• Be more employee-intensive because they rely less on processes and systems than large corporations do.

• Be more resilient and agile than large companies because their organizations are flatter, with less bureaucracy.

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Keywords: supply chain jobs, supply chain management, mid-sized enterprises' economic impact, supply chains of  mid-sized companies

Recent research into middle-market companies, those with annual revenue between $10m and $1bn, finds they are the growth engines in today's economy. In fact, if the nearly 200,000 U.S. middle-market companies were their own country, that country would be the fourth-largest economy in the world, behind Japan and ahead of Germany.

Research shows that middle-market companies tend to:

• Have supply chains that are more likely to be local and/or regional, creating stronger links and affiliations with local communities.

• Be more employee-intensive because they rely less on processes and systems than large corporations do.

• Be more resilient and agile than large companies because their organizations are flatter, with less bureaucracy.

Read Full Article


Keywords: supply chain jobs, supply chain management, mid-sized enterprises' economic impact, supply chains of  mid-sized companies