Businesses have too much stock

New research shows New Zealand businesses are holding twice as much stock as before the pandemic, while making significantly less money. Inventory management software company Unleashed has published a report, tracking how small to medium enterprises in New Zealand, Australia, and the UK have fared this year. The stockpiling issue is common to businesses in all three countries, due to uncertainty around how long supply chains would be disrupted by Covid. Leonard Powell has the story.