There is no getting around today’s problems. The business sector is in turmoil as a result of rising inflation, supply chain problems, and the lingering epidemic. And it’s all too simple to blame poor business performance on the current economic climate. Excuses, on the other hand, almost never (if ever) […]
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AU SMEs losing more than one-third of profits in inventory crisis, data reveals
Australian manufacturers’ stock profitability has dropped through the floor since the pandemic, signalling an inventory crisis for Australian businesses, according to current industry data. Overall, manufacturers’ stock on hand climbed steadily in Australia, from $770,950 in Q3 2019 to $895,729 in Q3 2022 (up 11.52 per cent), compared to more […]