Chinese New Year

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tidegirl

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Dec 21, 2011
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The full Chinese New Year is about 15 days. It does drastically reduce the amount of product coming out of China. Not only for the two weeks, but then they have to get the factories geared back up to full production, start getting stock out to all the vendors who have been wanting stuff, get over their hangovers from the 2 week party :lol: , wait for things to make it to the US and through customs...

IDK how well stocked SI will be before it starts, or how well stocked they usually are since I was not a customer last year, but I do remember A LOT of vendors being out of almost everything, and trying to nurse my old, feeble clearos until stuff was back in stock. I plan to be very well stocked before CNY starts this year. Even if everyone stays well stocked, its not like the stuff we stock up on will go to waste. Better safe than sorry. :)
 

SteveI

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Oct 20, 2012
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vv???? :blink:
Not that I'm waiting or anything...

Unfortunately, the given the nature of the business, small american vendors are captives to the chinese factories. Over the years, I have seen many industries held hostage... Even good planning, and inventory management will not prevent shortages. Chinese factories have a long history of poor preparation, and execution during the time leading up to new year festivities.

Vendors who rely on chinese factories have to plan well ahead, and cross their fingers. While chinese businesses are usually cutthroat and effficient, the new year thing is just something they shrug their shoulders at... I have a friend who almost went bankrupt because his factory failed to ship weeks in advance. Then he got pushed back after the new year to satisfy their big customers. [not saying it will happen, just that it isn't impossible.]

I would expect if there are shortages, it will be in February, and the ramp up, production, and delivery time it takes after the new year celebration is over. Not that my opinion matters, but if I ran a business, I would overstock in early January, and not expect another shipment to arrive until March. What can I say, Im a cynic.
 
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Imagine

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Mar 16, 2011
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agreed the good news is we are now one of those big leaguers :p

vv???? :blink:
Not that I'm waiting or anything...

Unfortunately, the given the nature of the business, small american vendors are captives to the chinese factories. Over the years, I have seen many industries held hostage... Even good planning, and inventory management will not prevent shortages. Chinese factories have a long history of poor preparation, and execution during the time leading up to new year festivities.

Vendors who rely on chinese factories have to plan well ahead, and cross their fingers. While chinese businesses are usually cutthroat and effficient, the new year thing is just something they shrug their shoulders at... I have a friend who almost went bankrupt because his factory failed to ship weeks in advance. Then he got pushed back after the new year to satisfy their big customers. [not saying it will happen, just that it isn't impossible.]

I would expect if there are shortages, it will be in February, and the ramp up, production, and delivery time it takes after the new year celebration is over. Not that my opinion matters, but if I ran a business, I would overstock in early January, and not expect another shipment to arrive until March. What can I say, Im a cynic.
 
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