Read our blog posts about holidays and how they impact the manufacturing industry.

Preparing for a Pandemic Chinese New Year

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Chinese New Year is just around the corner, occurring on February 12, 2021. All of us at E-BI hope the Year of the Ox will bring peace and prosperity to the world. As we are still in the pandemic, here are a few things we would like you to be aware of.

MAKE PLANS FOR YOUR SUPPLY CHAIN WELL IN ADVANCE
Most factories have reached 100% of their production capacity as they face a seasonal surge of orders and backlogs. For houseware type products, current backlogs could last into May of this year.
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Holiday Demands Busying Delivery Services

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With the holiday seasons approaching and ports still catching up with shipments, will the delay in receiving goods persist through 2020 to 2021?

CONTAINERS AND THE SUPPLY CHAIN
Supply chains around the world are facing massive pressure as the year closes out. In conjunction with the lack of shipping containers, a new difficultly of low productivity in handling containers at ports and terminals have also threatened the efficiency of delivering products on time. Various ports are seeing a dwindling number of staff who can help process the shipments as Covid-19 continues to claim more victims.

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Why Does Chinese New Year Affect the Supply Chain?

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Chinese New Year (CNY) is an important time of year for many people in China. Much like the Christmas holiday in the U.S., it is a time for celebration and family, though on a larger scale. It’s the largest Chinese holiday of the year, and business calendars in the country reflect that.

If you have ever outsourced product from China or utilized a supply chain that extends overseas, you have likely at least heard of the impact the holiday can have on the manufacturing industry. But for those that have ever wondered why the impact occurs, we’d like to give you a bit of insight into Chinese New Year.
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