The Chinese New Year of 2020 falls on January 25 (Saturday) and the festival lasts until February 8, with about 15 days in total. 2020 is a year of mouse, according to the Chinese zodiac.
But, as we know, many factories stop before that and come back after that, to facilitate the logistics of their employees, as many return to their hometowns.
It is always at this time that many importers begin to place the order and do not believe when production time increases significantly. This happens every year and, for importers working with Chinese factories, it is important to understand the impact this holiday can have on the supply chain.
Below then some important information to be expected and better program:
- It takes at least a month for factories to organize after the New Year.
- The period before and after the holiday is the time to redouble attention with errors and quality problems. The urgency for boarding before the holiday ends up affecting at the time of the product conference.
- The cost of international freight near this holiday rises dramatically (It starts more or less in September and will rise until February).
- You need to predict in advance to adjust production times:
For all orders you would normally like to receive in March/April, you might want to start discussing them with your suppliers around October/November.
When looking for a holiday equivalent to ours, people usually use Christmas as an example. Chinese New Year and Christmas are the largest and most important holidays. But there's a big difference. Chinese New Year is the only holiday for workers from most Chinese factories.
The best thing to do is to receive your orders as soon as possible. This month is a great bet and ask for an extra month of stock.
Count on us to better organize your orders, or arrange international freight at this delicate time at the end of the year.