Chinese New Year 2023 is a time of celebration and preparation for families and businesses alike. For companies, the Chinese New Year can cause disruptions in their supply chain and put a strain on their resources. This blog post will discuss the importance of preparing for Chinese New Year and provide tips for companies on how to navigate the holiday season and maintain the flow of their supply chain.
The dates for Chinese New Year 2023 and other traditional festivals are based on the Chinese lunar calendar, and thus they change every year, relative to the Gregorian calendar we use in the West. January 22, 2023 is the first day of the “Year of the Rabbit.” The official government holiday will last from January 21st through the 27th and there will be closures until February 5th with the Lantern Festival. Some factories may close earlier in January, and many will be fully closed for between two and four weeks. So check with your factory contacts to get their exact closure dates.
During CNY, every factory in the country shuts down… Yes, every factory. The official public holiday only lasts for seven days. But, most factories are fully closed for between two and four weeks. Additionally, many Chinese factory workers take extra time off, leaving in the weeks leading up to their company closure dates, which slows production down significantly. Many workers will not return immediately afterward, meaning that it can take up to a month for production to return to full capacity after the holiday.
First, it is important to understand the impact of Chinese New Year 2023 on the shipping industry. The Chinese New Year is a time of celebration, travel, and family gatherings. During this time, many Chinese businesses take a break from production and transportation, resulting in disruptions and delays in shipping. In order to avoid delays and ensure the continuity of their supply chain, it is important for companies to plan for the holiday season.
One way companies can prepare for Chinese New Year is to book their shipments in advance. Booking ahead of time ensures that there is space available for their goods and can help to avoid delays in the supply chain. Additionally, it is important to choose a reliable logistics provider that can handle the extra volume of shipments during the holiday season.
It is also important to get a clear picture of your shipping requirements and average transit times. This will help companies to anticipate any delays and plan accordingly. Planning shipments several weeks in advance of the New Year is essential for avoiding any disruption in the supply chain.
Finally, it is important to communicate with suppliers and customers regarding any delays that may occur due to the holiday season. Building resilience into the supply chain is key to ensuring the continuity of shipments during Chinese New Year.
In conclusion, Chinese New Year 2023 can cause disruptions in companies’ supply chains. By following the tips outlined above, companies can prepare for the holiday season and ensure the continuity of their supply chain. Booking shipments in advance, choosing a reliable logistics provider, getting a clear picture of shipping requirements and average transit times, planning shipments weeks in advance, communicating with suppliers and customers, and building resilience into the supply chain are all important steps for navigating Chinese New Year.
Diversified Transportation Services is committed to keeping the flow of your supply chain during Chinese New Year. Our experienced logistics team will work with you to ensure the continuity of your shipments and the smooth running of your supply chain. Contact us today to as we can help you get your products flown to the United States, LATAM, Europe, or another country in Asia from China.
Whether you're a company looking to improve one facet of your supply chain, your entire supply chain, or simply looking for a transportation and logistics consultation, we can help.
