How this might affect your production scheduleFor businesses dependent on supplies from the region, the three week holiday can be a nightmare for many reasons;
- Mass production and sample development is halted
- Production can reopen one to three weeks later
- Even after workers return, there could be further delays
Typically, as soon as the workers report to work, the first assignment is to get the big shipments out of the way (the 40’ container orders). Smaller orders, meanwhile, can remain unattended to for another few days, possibly weeks. It takes a whole month before most manufacturers return to normal lead times.
What can you do to minimize your losses?There are a number of steps you can take to minimize the impact of the CNY holiday on your business;
- Prepare your orders 30-45 days before Chinese New Year
- Keep loading times in mind
- Place your post-CNY orders before the holiday
- During the holiday, forget about China for a moment
Planning for this annual holiday is something that you may need help with. It’s a bit scary but that’s how the Chinese New Year holiday works. Prepare your orders early, get your shipments on time, and you’ll have plenty of product when others don’t. If it snuck up on you this year, like most things after the holidays, don't sweat.
Let us help you figure it out! Avoid dealing with suppliers and logistics yourself – leave it to the Ironmark Logistics Team. Contact us today!