Views:1 Author:Site Editor Publish Time: 2019-01-22 Origin:Site
A Kind Reminder:
The world's largest annual human migration is around the corner.
"Well, sounds interesting. Where and when?" you might ask.
Those engaged on constant business activities in China are probably smirking now.
Yes, they know the answer.
It takes place in China and it falls on Lunar Chinese New Year.
Although the festival doesn't officially start until February 4th, the epic homecoming party begin 10 days earlier.
The migration will lasts for 30 days -- from January 20th to February 20th this year.
Millions of Chinese workers will be heading to their hometowns for the holidays.
Now those Smart overseas dealers' nerves are on edge:
With major labor forces being away from production site, holding up the public transport network for early one month.
One things is for certain:
Business activities in China will be paralyzed throughout February.
The impact is Far-reaching:
Raw materials falling short,
Commodity price soaring,
Lead time postponed,
Shipping space fully booked
In one word, your supply chain will be disrupted,
costing you extra on purchasing with eroded margins, and worse, driving your customers straight to the door of a competitor.
"So there is no wonders we can do?"
"Well. YES and NO."
"NO if you continue with a slow move and operate your purchasing on a very compressed calendar.
"And, YES, if you start to take action immediately and put forwarder your sourcing plan on a predictable timeline."
Below is our CNY schedule for pet products production
Lead time: 30-45 days
Production workers off: 26th, Jan-19th Feb.
Office off: 1st -11th, Feb
Production resumes on 20th, Feb
Date of Order confirmed
Your production time to market
(Freight + Commodity Rate)
Before 25th Jan
Before 1st, March
Before 1th, April
After 25th Jan
After 15th, April
The market will be undertaking a slow recovery after 20th, Feb but it will be fully vitalized until 1st April.
Smart dealers have started making a strategic annual order plan upon this reminder so as to avoid an annoying supply china disruption.
What about you?
As for Those who are always one step behind.
Well, thank you for making My New Year resolution an easy one.
I will just wish to turn myself into Doraemon when you badger me for a green light to hit you compressed lead time and budget in February.
Time to Move faster.
If you want Hit us with a short conference call NOW to speak about your plan for your pet products production line.
Just do it.
You know how to find us.