Rising uncertainty regarding trade agreements, increasing protectionism and volatility in global trade has forced corporations to review their existing supply chain practices. There is a need for robust, flexible supply chain management systems that can mitigate the impact of external factors on cost and quality standards. This study draws parallels between supply chain practices adopted by larger enterprises and SMEs based on publications of various researchers and identifies best practices adopted across the manufacturing sector. The parameters used for evaluating supply chain management practices are information sharing, strategic supplier partnership, customer relationship and information. This paper highlights the constructs used for evaluation of best practices among larger enterprises and SMEs.