Over the last few months, you’ve heard a lot from us on the constantly evolving worldwide stock shortages. This time, instead of just telling you about the impact this has had and is still having on Taipan, we thought we’d show you exactly what that looks like.

We’re lucky that at the beginning of last year we predicted an increase in the difficulty to receive product into Australia in a timely manner. We took action and increased our ordering to cover two years of stock holding. What we weren’t prepared for however, was the impact world events would have on other suppliers and the huge increase in demand this would create. In addition, our own customers were increasing orders to ensure they had continued supply. 

What would last for 2 years or more only a short time ago, is now only lasting around 8 months due to this demand. However, as you can see from the graph above, this has had minimal effect on our stock holdings due to our preemptive ordering, and our stock on hand is expected to steadily increase over the coming months.

As you can see from the dark blue line, demand for Taipan product has increased by just under 84% since January last year. The thin yellow line shows stock arriving thick and fast and even though demand continues to soar, stock is finally catching up. There is still a huge amount of stock on order but as the mustard line indicates, this is at last trending down as each day manufacturers either increase production capabilities or the world moves a small step closer to some form of normality.

One other piece of positive news is that our Rocklea branch stacker is finally back up and running since the motherboard was drowned in the floods. This can only mean good things for those receiving product from Rocklea!

As always, we are incredibly grateful to our customers for your continued loyalty and understanding. If you would like more information, or for any questions, please give one of our friendly customer service team members a call on 1300 654 782.