Welsh SMEs ‘uncreative’
3 April 2012
A leading academic has criticised Welsh small and medium-sized enterprises as “too inward-looking and uncreative”.
A report by Professor Michael Quayle, head of the University of Glamorgan’s business school and Bosch chair in purchasing and supply, found that two-thirds of Welsh SMEs deal with only Welsh suppliers and customers.
The report also found that more than three-quarters had no supply chain strategy. Quayle claimed these SMEs were being held back from taking...