Chinese New Year usually falls sometime between January and March,but the exact dates change each year. This time CHINESE YEAR, it starts on Feb 18th 2015, all Chinese led lights manufacturers are closing from Feb 17th to Feb 26th 2015 for a well-earned vacation.
Many of Chinese companies will close earlier, come back later, even both with no warning.
Even if the led lighting fixtures manufacturer you ordered who respects the date and promise delivery led lights goods on time, but their suppliers may not, therefore causing additional delays.
As a business owner who manufactures overseas, it is your job to understand this and prepare for it. Contrary to the official calendars, Chinese New Year always lasts a month on mine. By extending the dates, you make sure to get everything answered and into production before the factories close.
There is also the problem of on-time deliveries after the factories reopen. Most Chinese led lights factory workers are originally from towns very far away from the factories for where they work, sometimes several days’ travel by train. During the year, the workers live near the factories.
At many factories, close to 50% worker never back to the factory from vacation. This means led light manufacturer managers reopen after the New Year with seriously depleted staff, and twice the amount of work as usual to catch up on from the break. To importers waiting for goods, this means one thing: DELAYS.
Forecast your needs and buy earlier.
In order to minimize the disruption for your led lamps business, we have learned to order a three-month supply to be delivered before the start of Chinese New Year. While difficult in terms of your cash flow, and also in terms of warehousing space. That is out of the question. Through careful forecasting and early buying, We are able to bypass the problems caused by the build-up of orders during the holiday, as well as the slow start faced by the factories when large numbers of employees do not return after the break.
We plan Chinese factories will be closed for a month, retooling and catching up for a month, and then producing and delivering newly-placed orders for a month after that.
By making these simple preparations, we are able to safeguard the stability of our inventory.