Don't fear SME financial instability, buyers told

Small and medium-sized enterprises (SMEs) are a vital source of innovation and buyers should not be put off by fear of financial instability, a conference was told.

Phil Machin, director of Bridge Procurement, said SMEs “help us grow, evolve and innovate” but financial criteria risks ruling them out. “Do not disqualify due to financial stability alone,” he said. “If it’s the right business opportunity you need to make it work."  Read more at Supply Management