Meaning ● Supply Chain Transparency, within the SMB landscape, refers to the degree to which information about a company’s supply chain – from raw materials to the end consumer – is accessible and understandable. Specifically, for small to medium-sized businesses seeking growth, it involves implementing automated systems to track and share data regarding sourcing, production, logistics, and distribution. Increased visibility helps mitigate risks related to ethical sourcing and regulatory compliance; this then supports a stronger brand reputation with an empowered customer base, which is vital for attracting investment for scaled operations. It facilitates a proactive approach to disruptions, helping smaller firms quickly adapt supply chains.
