Firms in the UK Urged to Make Supply Chain Easily Accessible to SMEs

The renowned business charity Business In The Community (BITC) wants SMEs to be provided with better opportunities to land key contracts by way of increased transparency. The charity is urging companies throughout the United Kingdom to make their supply chains more transparent so that smaller firms have a better chance of securing these agreements.

Head of operations at BITC, Matthew Lill said, "If you have a £25,000 contract, do you need to have £50 million of public liability insurance against it? Often that is not deliberate and has just been copied and pasted from another contract, but it immediately excludes SMEs."

In the United Kingdom, there have been various schemes for helping SMEs land supply chain management jobs with the introduction of the AMSCI (Advanced Manufacturing Supply Chain Initiative) fund which has been rolled out in the Liverpool as well as West Midlands. It is expected that the move will help boost parameters around the supply chains present within the aerospace and automotive sectors.
   
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