2021 is a little different,right?
The sourcing journey seems also different to the most business owners who are sourcing from China, the question right now is have you ready for you 2022 Q1 sourcing plan?I understand it is pretty annoying to say these on Christmas holiday, but you may really want spend time to calculate before I start my explanation.
These few main points I will identify below for you to get your calculation. Then you can decide if it is really the time to get your early 2022 preparation.
Manufacturing Time-The Chinese New Year Vacation will start around 25th Jan, unlike other countries, this a national holiday, so over 90% factories will stop working except for some foundation industries and this usually lasts long, like half a month. Besides this, you need to consider that half of the manufacturing people will ask for leave before the vacation really starts, so around the corner of Chinese new year, the factory ‘s productive capacity is only half that you can expect. So generally you lead time of manufacturing is 5 days, now you may want expect is as 10 days. Even if your supplier told you no problem, you need to be careful since the last ship may not wait for you so long.
Shipping Arrangement– The shipping arrangement is totally a disaster for most people who sourcing from China 2021, Except the Express Shipping price climbing like insane, the sea cargo also triples expensive compare with 2020, and at the end of the year 2021, it doesn’t show any signs to drop down. At the same time, the service doesn’t like prices going up, it is going to be delayed like forever…( just kidding..) But truthfully, the shipping delay is pretty upsetting . You will pretty often hear the news about super big traffic jams happening in LA or Long Beach harbour…frankly, there are more…so normally you are planning for one month, now you may want to plan it for 50 days at least. You may think these are obvious and easy to calculate but you may need consider quality control and power supply.
Quality Control&Power Supply– I believe most of the manufacturers are honest and pretty decent in international business.But, you may still want to consider quality control as a super important part of your business . The raw material price has been experiencing a big jump in the year 2021, so you need understand why the manufacturer quoted you the price on Monday, but when you finally make the order on Friday, he said no. I personally experienced this and understand deeply the pain of manufacturers.So at the time right now good price seems need to be really careful…You may don’t know on this September of 2021, The China has start limited power supply in few provience like Zhejiang,Jiangsu,so you may also want to consider this on your calculation because, you manufacturer may don’t have power supply to manufactuer what you needed.so this could be cause another one week delay.
All in all, China sitll has lot of advanties to produce the products you needed but time maybe a little longer than usual.if you not prepare you planning yet, maybe it is time to do now.
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Merry Christmas and Happy Holiday!
Great content! Keep up the good work!