How Chinese New Year Impacts Your Sourcing: 2024 Planning Guide

How Chinese New Year Impacts Your Sourcing: 2024 Planning Guide

Essential guide for managing your China sourcing during the Chinese New Year period

Chinese New Year (CNY) is one of the most significant events affecting manufacturing and sourcing from China. Understanding its impact is crucial for successful supply chain management.

Key Dates for 2024

  • Official Holiday: February 10-17, 2024
  • Factory Impact Period: Mid-January to Late February
  • Shipping Peak: Late December to Early January
  • Recovery Period: Late February to Early March

How CNY Affects Your Business

1. Production Timeline

Pre-CNY Period (December-January)

  • Factories running at full capacity
  • Higher quality control risks
  • Rush orders and backlogs
  • Limited sample making availability

During CNY (February)

  • Complete factory shutdowns
  • No production capabilities
  • Limited communication
  • Shipping delays

Post-CNY Period (March)

  • Gradual production restart
  • Worker shortage possible
  • Quality stabilization period
  • New price implementations

Planning Strategies

Early Planning (6 months ahead)

  • Review inventory levels
  • Calculate holiday period needs
  • Plan order quantities
  • Consider buffer stock

Pre-CNY Actions (3 months ahead)

  • Confirm order deadlines
  • Book production slots
  • Arrange quality inspections
  • Secure shipping space

Best Practices

DO:

  • Plan 6 months ahead
  • Build inventory buffer
  • Confirm key dates
  • Document all arrangements
  • Maintain clear communication

DON’T:

  • Wait until last minute
  • Assume standard lead times
  • Skip quality checks
  • Rush production before holiday
  • Expect immediate post-holiday recovery

Need Help?

Contact us for professional assistance in managing your China sourcing during this critical period.


Tags: #SourcingTips #ChineseNewYear #SupplyChain #ImportingFromChina #Manufacturing


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