Christmas Stock Shortages

The global pandemic has been having a marked effect on global production and shipments of electronic goods.

Component shortages continue to hamper the smartphone market, with global phone shipments dropping by 6 per cent in the September quarter. The chipset famine has truly arrived with electronics manufacturers striving to maximise production as best they can. Less popular and less profitable product lines are having their production volume either stopped or significantly decreased to ensure that there are sufficient chip sets available for the more popular lines.

This shortages affects mobile phones, TVs, computers and even the electronics found in motor vehicles!

Chipset manufacturers are also increasing prices to dis-incentivise over-ordering, and to strike a balance between demand and supply. Shortages are expected to continue well into 2022.

Extended lockdowns across NSW and Victoria have meant record numbers of people are shopping online. This has caused an unprecedented surge in parcel deliveries with 3 or 4 times the normal volumes of previous years. In recent months Australia Post has also been affected by temporary facility closures and on any given day Australia Post has around 500 of their people are in precautionary self-isolation in accordance with state regulations. This has led to many delays in parcel sorting and deliveries.

Australia Post has warned that it couldn’t guarantee parcels would arrive at their destinations by Christmas, if posted in December, due to a massive backlog and a shortage of workers.

For anyone looking to purchase for themselves or as gifts for others, its best not to leave it too late, as stock may not be there, or delivery may take longer than expected. Buy now to ensure you get it before Christmas!

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