Chinese New Year 2025 is just around the corner!
How do you Stock up your inventory and smooth your business during the 2025 Chinese New Year?
Orders placed before 2:00 PM(GMT+8)on January 20, 2025, will be sent before the Spring holiday so as not to affect your business.
By the way, the earlier you place the order, the more items are in stock.
Today we have compiled some of the questions that customers are concerned about and will answer them one by one.
When is Chinese New Year 2025
Unlike the universal New Year observed on January 1st, Chinese New Year is never on a fixed date.
The dates vary according to the Chinese lunar calendar but generally fall on a day between January 21st and February 20th in the Gregorian calendar.
2025 Lunar New Year falls on January 29th, Wednesday, Year of the Snake.
The public holiday lasts from January 28th to February 3rd, during which New Year’s Eve on January 28th and New Year’s Day on January 29th are the peak time of celebration.
How long are factories closed for Chinese New Year?
During CNY, every factory in the country shuts down… Yes, every factory. The official public holiday only lasts for seven to eight days.
Factories will be extremely busy in the months leading up to the Chinese New Year holiday and afterward playing catch up. Many factories will shut down for 2-3 weeks or even longer during this time.
However, the Chinese New Year Factory Shutdown also depends on suppliers.
So communicating with the suppliers or factories you’re working with to get their specific holiday schedule is imperative.
Does Chinese New Year affect shipping?
Ports in China face congestion before and after Chinese New Year, as they process a massive number of shipments.
Increased dwell times and port congestion add to the complexity of scheduling and moving freight, leading to further delays in reaching your customers.
The rush to clear goods before the holiday can also create a backlog of orders, resulting in delays when shipments finally leave the ports.
It’s crucial to plan for these potential disruptions and communicate with suppliers in advance.
To minimize the effects of the Chinese New Year on your logistics, start planning well in advance.
In order not to affect your business, Nihaojewelry has issued a holiday notice in advance.
Stock up your inventory before Jan 20th, 2025!
How does Chinese New Year affect the supply chain?
Many factories in China shut down for a significant period, often weeks, before and after the New Year.
Reduced workforce availability can lead to slower production rates and delays.
Production slows down, operations are limited, schedules get disrupted, and transportation gets delayed, thus leading to significant supply chain disruptions.
Preparing and planning are the keys to managing your logistics and supply chain operations to minimize the effect of the Chinese New Year on your business.
Some tips to help you stock up your inventory
The Chinese New Year 2025 is a significant holiday that can significantly impact global supply chains.
As a business owner, it’s crucial to plan ahead and take proactive steps to ensure a smooth operation during this period.
Here are some tips to help you stock up your inventory and minimize disruptions:
1. Advanced Planning and Forecasting
It’s never too early to start planning for spring festival. The earlier you begin, the better your supply chain will be.
Utilize historical data and market trends to accurately predict future demand.
You’ll most likely need to create demand forecasts further out than usual.
So make sure you put time aside to look at historical demand periods and consider aspects such as seasonal events, promotions, or demand trends, which will require you to adjust your base demand for specific lines.
2. Early Order Placement
Submit orders well before Jan 20th on Nihaojewelry.com to account for potential production and shipping delays.
Place orders well in advance to ensure timely delivery.
Maintain a sufficient safety stock to cover unexpected demand fluctuations.
3. Confirm Delivery Dates
Lead time is the journey your product takes from the factory to the warehouse shelf.
Work closely with suppliers to confirm expected delivery dates.
Planning around these timelines makes all the difference in keeping your inventory steady during Chinese New Year 2025 shutdowns.
4. Communicate with your suppliers early on
Effective Communication with Suppliers early on
The well-known saying “the early bird catches the worm” is appropriate here.
Ensure that your suppliers understand your needs and can meet your deadlines.
Develop contingency plans in case of unforeseen disruptions.
5. Diversify Your Supply Chain
With ongoing challenges around shipping assignments, account for shipping backlogs to help mitigate any logistical issues.
Work with multiple suppliers to reduce reliance on a single source.
6. Consider Alternative Shipping Methods
Explore air freight options for urgent shipments.
Consider sea freight for larger shipments, but plan well in advance.
Combine different modes of transport to optimize shipping times and costs.
7. Increase your inventory beforehand
Not all factory workers will return to their old jobs after the Chinese New Year 2025.
You can begin to order a little more product now to account for the lack of orders to be received in February to March of next year to hold in inventory.
Increased inventory on hand should help tide you over until the factories are producing at full capacity again.
8. Communicate with Your Customers
Keep your customers informed about potential delays or shipping disruptions.
Provide alternative shipping options or suggest similar products if necessary.
In Conclusion
By following these strategies, you can effectively manage your inventory, minimize disruptions, and ensure a smooth operation during the Chinese New Year 2025.
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