
5 Common Challenges Filipino SMEs Face (and How to Overcome Them)
Did you know that 99.5% of the 1.24 million business enterprises in the Philippines are micro, small, and medium enterprises (MSMEs)? This just shows how SMEs are undeniably the tiny engines of our economy, driving growth and innovation. However, despite dominating the market, many of these businesses face significant challenges, especially when it comes to logistics and expanding their customer base.
Fortunately, Filipino SMEs now have the tools to tackle these challenges head-on. By strategically leveraging modern technology and partnering with reliable service providers, like ViaHero.ph delivery services for SMEs, they can streamline operations and pave the way for success.
But before we get to that picture of success, let’s examine five common challenges Filipino SMEs face and, more importantly, the practical solutions available to overcome them.
1. Logistical nightmares and inefficient deliveries
One of the biggest obstacles for SMEs in the Philippines is ensuring timely, safe, and cost-effective product delivery. Many businesses struggle with unreliable couriers, delays, or damaged goods, leading to negative customer experiences and lost sales. The complexities can be overwhelming!
The solution: Partnering with a reliable end-to-end logistics provider like ViaHero can solve these burdens. Whether you need last-mile delivery, bulk shipment consolidation, or specialized handling like white glove service for luxury goods, ViaHero ensures seamless order fulfillment. Integrating ViaHero.ph delivery services for SMEs into your operations guarantees that products reach customers safely and on time.
2. Limited customer reach
Expanding reach beyond local markets can be challenging for SMEs, especially with logistical limitations and the high costs of nationwide distribution. Many businesses struggle to tap into new customer segments because of unreliable shipping options.
The solution: ViaHero provides a delivery network in Metro Manila and in key areas in the Philippines that enables SMEs to expand their market reach. Integrating ViaHero.ph into SME operations gives access to efficient logistics services that help businesses deliver products reliably. Plus, with ViaHero’s plans of integrating with e-commerce platforms like Lazada and Shopee, SMEs can tap into vast online marketplaces without the logistical headaches. This allows SMEs to grow their customer base and ride the wave of e-commerce growth in the Philippines without worrying about shipping constraints.
3. Struggling to manage inventory and order fulfillment
As your SME grows, managing inventory and fulfilling orders efficiently becomes increasingly challenging. Manual processes can lead to errors, delays, and stockouts, impacting customer satisfaction and operational efficiency. Growing businesses need bigger spaces to ensure that products are stored, managed, and distributed efficiently.
The solution: ViaHero’s services include accredited warehousing and optimized e-distribution networks, providing SMEs with the storage solutions needed for efficient inventory management and order fulfillment. Warehousing services can benefit a wide range of businesses and individuals across various industries – from manufacturers and importers to start-ups and small businesses.
4. High logistics costs eating into profits
Managing expenses is a constant challenge for SMEs, especially with rising fuel prices, warehousing fees, and unpredictable delivery costs. Overspending on logistics can eat into profit margins and slow business growth.
The solution: ViaHero provides cost-effective logistics solutions that help businesses optimize delivery routes, reduce storage expenses, and streamline transportation costs. By utilizing secure warehousing and bulk shipment consolidation, SMEs can minimize overhead while ensuring smooth distribution. ViaHero’s end-to-end logistics services make sure everything you need is in one place, reducing unnecessary costs.
5. Dealing with the pressure of evolving customer demands
Today’s Filipino consumers expect seamless experiences. Shifting consumer preferences, fueled by the rise of new technologies, mean SMEs face increasing pressure to deliver fast, convenient, and transparent services. Falling short of these expectations can quickly lead to lost customers and missed opportunities.
The solution: To not just meet, but exceed these demanding customer expectations, Filipino SMEs need agility and efficiency. Partnering with a tech-driven logistics provider like ViaHero can help SMEs stay agile and responsive to market changes. With logistics expertly handled by ViaHero, businesses can concentrate on understanding evolving customer needs, exploring market opportunities, and staying competitive in the long run.
Success in the SME sector requires adaptability, strategic partnerships, and efficient logistics for Philippine online sellers. Integrating ViaHero.ph into SME operations addresses any SME’s common logistical challenges. With a trusted partner like ViaHero, businesses can reduce costs, enhance customer experiences, and focus on growth.
Ready to streamline your logistics? Visit our Services page to learn more, or contact us for a personalized logistics solution for your SME.
Let ViaHero handle the logistics so you can focus on building your business!