Recommendations to keep your supply chain running smoothly.
Here's a short guide given by our specialists in the Asia Pacific region
on how to prepare your supply chain and plan your logistic processes.
The Chinese New Year 2024 will be the year of the dragon. The festivity is also known as Lunar New Year in some countries such as Malaysia, Singapore or even Tet Holiday in Vietnam.
The Chinese New Year has a profound impact on global logistics operations, influencing everything from production schedules to shipping capacities. At this time, you must:
Check your inventory
Have a clear view of your stock. Your inventory determines how many shipments you might need to keep your operation running.
Book your shipments in advance
Making early bookings guarantees available space and helps you to anticipate any delays, mitigating disruptions in your supply chain. We recommend getting a clear picture of your shipping requirements and average transit times to settle a plan at least 3 weeks in advance.
Save a contingency Chinese New Year shipping budget
Operational costs may add up quickly due to shipping delays. Always allocate extra budget in an emergency fund during this peak season, especially since cargo damage or container loss is more frequent these days.
Choose a reliable logistics provider
It is crucial to select a trustworthy logistics provider capable of managing the increased shipment volume during the holiday season who can keep an open communication with your teams, 24/7.
Our talents at xpd global are ready to design tailored plans hand in hand with your teams and secure the most optimal freight space.
“There may still be spaces available to move your cargo before the Chinese New Year, but you must contact our time-sensitive logistic teams immediately to design you a plan that fits exactly your needs. But, if we can’t build a perfect plan, worry not: our Time Critical Cargo experts will find a solution to keep your supply chain running after the festivities. Contact us now, we can’t wait to partner with you!”
Austin Qu, Managing Director, xpd global China