10th oct. 2021
Late deliveries, shippings delays, power shortage and now the Chinese New Year!
What is the real situation today and tips to manage it ?
At every start of the year you encounter difficulties in obtaining supplies of goods, and out of stock is inevitable?
As you probably already know, the Chinese New Year holidays begin on January 28, 2022 for a period of 3 to 4 weeks! Imports from China will be at a standstill and the return to normal is often long. There is a correct recovery in imports, on average only in mid-March.
As an importer or distributor we therefore find ourselves with the factories shut down for 1 month. Overloaded production schedules in January and consequently big difficulties in importing goods from December to March. Not to mention the biggest shipping transport crisis with significant consequences in terms of shortages in particular…
Add to that, the current energy restrictions in China, which force factories to temporarily stop production… and we quickly find ourselves with disruptions and therefore problems of consumer satisfaction!
It may seem obvious, but the key to having your products in stock and ensuring sales is to ANTICIPATE as much as possible. Always keep in mind this special Chinese New Year period!
As early as September (and even before), it is important to plan the whole beginning of the year to ensure the supply of goods. We consider that in mid-October, it is already complicated to place new productions.
For latecomers don’t panic! You still have a few days to anticipate your orders and not be surprised.
If you forecast a shortstock, it is now time to switch to available products as soon as possible.
In any cases, your supplier is there to support you, advise you, but also to offer you replacement products to compensate for your momentary shortages of stock.