Disruptions in the supply chains - but MEM SMEs are nevertheless optimistic

The Corona key figures are developing in a positive direction. With one exception: The interruptions in the supply chains are again increasingly causing problems for SME-MEM companies. This is shown by the survey conducted among Swissmechanic member companies in April 2021.

Fewer liquidity problems and less short-time work ...

According to the survey, there has been a significant improvement in the Corona indicators in April 2021. Compared with January, the tight financial situation of the SME-MEM companies surveyed has eased; the companies are facing fewer liquidity problems and a lower risk of bankruptcy. The order situation has also improved, and less short-time work had to be registered.

... but more interruptions in the supply chains

One of the bigger challenges facing SME-MEM at the moment is supply chain interruptions, which have risen sharply again. Whereas in January 2021 the figure was 23%, in April 2021 43% of companies are struggling with interruptions in their supply chains. This is similar in magnitude to a year ago, when 42% of the companies surveyed cited the problem of interrupted supply chains. But the causes have changed. A year ago, closed borders and lockdown measures in many places were responsible for supply chain disruptions. Today, global shifts in consumption patterns and economic catch-up effects are causing capacity bottlenecks in international freight trade, raw materials and microchips. The problem was temporarily exacerbated by the Suez disaster, which has since been resolved.

Outlook

Despite interruptions in supply chains, Swissmechanic Director Jürg Marti sees a silver lining on the horizon: "We have clear signs that the economic situation is picking up and that many companies have bottomed out."

Source: Swissmechanic