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    Crisis forces small businesses to get creative for smooth supply chain movement

    Synopsis

    An overwhelming set of supply chain challenges is making it difficult for MSMEs to plan their operations effectively. They have to find a smarter way to work around these problems or perish.

    The last few months have been an interplay of struggle and strategy for Bengaluru-based Jayanth Mutha, Director of agri-electrical company Himlite Products. Mutha has been struggling to source electrical components for his business for three months now. But long delays and soaring costs are proving to be insurmountable barriers.Four-6-week lead time has now compounded to 24-52 weeks, and costs have spiked three-fold. Eventually, he had no choice
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    The Economic Times