The imposition of a new tariff by global trading partners, especially the United States, has put unprecedented pressure on small and medium -sized companies in Malaysia.
As the backbone of the national economy, as it contributed about 40 % in GDP in Malaysia and the employment of more than 7 million workers, small and medium -sized companies are especially vulnerable to high costs, supply chain disorders, and reduce competitiveness. However, emerging technologies such as artificial intelligence (AI) and Blockchain offer transformative solutions that can help small Malaysian companies to move in these challenges caused by customs tariffs and maintain their growth in an increasingly global market.
Challenge the tariff facing Malaysian small and medium -sized companies
Customs duties are often translated into higher production costs, limited access to raw materials, and reducing profit margins – all directly affect small and medium -sized companies. Export -based industries such as electronics, rubber products, machines and the most difficult furniture are exposed. Moreover, unlike large companies, small and medium -sized companies have limited resources to accommodate these shocks or transfer their operations to sites exempt from customs tariffs. The growing global protectionist indicates the urgent need for small and medium -sized companies to rethink their operational strategies. The embrace of digital transformation, especially through artificial intelligence and Blockchain, can be the strategic feature that Malaysian small and medium companies need to maintain the importance and flexibility of the market.
Amnesty International for decision -making and the most intelligent efficiency
Artificial intelligence enables small and medium companies to automate operations, predict market trends and improve supply chains. With the increased definition costs, small and medium intelligence can help improve cost efficiency in several ways:
Prediction analyzes: Powerful tools of artificial intelligence can analyze trade data, predict demand fluctuations, and recommending ideal resource strategies to alleviate the tariff.
The automation of the process: automating repeated tasks such as inventory management, customer service and tracking logistics reduces employment costs and operational errors.
Personal Marketing: SMES helps to better understand customer preferences, allowing more targeting marketing that enhances sales without significant costs.
These applications enable small and medium -sized companies to act in a proactive, not interactive manner, and maintain profitability even in high -tendency environments.
Blockchain transparent and reliable trade
Blockchain Technology provides another vital tool to help small and medium -sized companies address the challenges related to tariffs by enhancing transparency, tracking and confidence in the supply chain.
Smart Contracts: Blockchain provides automatic implementation of contracts when fulfilling certain conditions, which reduces the administrative burden and costs related to transactions across the border.
Supply Series Transparency: Blockchain records every treatment in the notable professor’s notebook. This allows small and medium-sized companies to verify the origin of their raw materials, prove moral sources, and meet the requirements of international compliance-a growing source of concern in countries imposed by the customs tariff.
Financial inclusion: Blockchain -based financing solutions, such as the distinctive symbol and decentralized financing (Defi), can provide alternative financing methods for small and medium -sized companies that struggle with a more compact cash flow due to definitions.
Moving forward: Politics and Industry Cooperation
For Malaysian small and medium -sized companies to harness the benefits of artificial intelligence and Blockchain, cooperation between the government, industry players and technology providers is essential. Policies that encourage digital escalation, technological grants and public and private partnerships must intensify. Programs such as Sme Digitalisation Grant and the Malaysia Digital Economy Plan (MyDigital) should give priority to emerging technologies such as AI and Blockchain as critical SME competitiveness.
In conclusion, while the pressures of customs tariffs constitute great threats for Malaysian small and medium companies, they also provide an opportunity to accelerate digital transformation. By adopting artificial intelligence and Blockchain, small and medium -sized companies can resist their operations in the future, enhance global competitiveness, and build flexibility in the face of global economic uncertainty. Digital technology is no longer optional – it is the new lifestyle for Malaysian small and medium -sized companies that strive to flourish in a difficult global trade scene.
