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
Timely, incisive articles delivered directly to your inbox.