Smaller retailers often count on speed, nimbleness and agility for an edge over larger competitors, but current supply chain disruptions are proving to be a high hurdle.
Ninety-one percent of SMB retailers believe larger companies have an advantage over them in the current supply chain crisis, according to a survey from Software Advice. Half of these attribute this advantage to the fact that they don’t have prioritized vendor status and 45 percent because they are limited in their ability to switch vendors. Forty-six percent have had at least one vendor drop them for reasons specifically related to being a small business.
