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For supply chain experts, this is both a challenge and an opportunity to enhance resilience and gain a competitive edge. Chinese New Year: A Cultural Event with Global Implications. Chinese New Year, also known as the Spring Festival, marks the beginning of the lunar calendar and typically falls between late January and mid-February. Other than the cultural and spiritual meaning the festival bestows to Chinese people, the 15-day long holiday (beginning with Chinese New Year’s Eve to the Chinese Lantern Festival) has a tremendous impact on the global supply chain, largely due to the uncertainty created by surging demand, decreasing manufacturing capacity, and the logistics Chinese New Year and its Impact on Global Supply Chain. Dr. Jay Guo | MIT Global SCALE Network's Ningbo China Institute for Supply Chain Innovation. January 28, 2025. Chinese Lunar New Year, also known as the Spring Festival, is the most important traditional festival originating in China, celebrated by more than 2 billion people worldwide. How will Chinese New Year 2025 impact shipping, logistics, and supply chains? The Lunar New Year holiday period significantly affects the global shipping landscape due to the sheer volume of factory closures and a sharp decline in production, thus leading to disruptions in supply chain and logistics operations. Understanding the timing and potential disruptions can help businesses prepare for the holiday season. By taking proactive steps—such as adjusting inventory levels, choosing alternate ports, and securing transportation space in advance—you can keep your supply chain running smoothly during the Chinese New Year 2025. As Chinese New Year (CNY) 2025 approaches, global supply chains brace for their annual stress test. The festival is a logistical déjà vu for businesses as it brings weeks of factory shutdowns in China, causing ripple effects across industries, year-after-year. Especially before the Lunar New Year, a large part of Chinese and East-Asian workforce will start to travel back home to spend the celebrations with their families. This will lead to increased staff shortage in almost all areas along the supply chain. Thus, slower movement of goods along the supply and delivery chain are to be expected. In 2024, the Chinese New Year will commence on February 9 (Friday). The main festival will fall on February 10 (Saturday). The festivities will conclude with the Lantern Festival on February 24 (Saturday). What are essential dates during 2024 Chinese New Year for your supply chain? Here’s a tentative schedule of what the Chinese New Year 2024 Here is everything you need to know about the Lunar New Year 2025 and how to keep your supply chain running smoothly during this period. When is Chinese New Year 2025 Chinese New Year begins on the 29th of January, ushering in the ‘Year of the Snake’. This marks the start of the holiday season, including a week of official public holidays Impacts of Chinese New Year on Supply Chain 2024 Chinese New Year begins on February 10 and officially lasts for about a week. However, many offices and factories will pause for two to four weeks. This is due to a large volume of workers returning to their hometowns to celebrate the holiday with their families. The Chinese New Year (CNY) and Lunar New Year (LNY) supply chain in 2025 is coming. This period will significantly impact global supply chains, particularly affecting industries reliant on Asian manufacturing. How you can prepare your supply chain for Chinese New Year 2024 closures. Preparing and planning is the key to managing your logistics and supply chain operations to minimise the effect of the Chinese New Year on your business. Following a proactive approach becomes essential. The supply chain in Chinese New Year (CNY) and Lunar New Year (LNY) in 2025 is coming. This period will significantly impact global supply chains, particularly affecting industries reliant on Asian manufacturing. Discover how Chinese New Year 2025 causes supply chain disruptions and impacts global industries. Learn actionable strategies to mitigate risks, optimize inventories, and navigate challenges. The Chinese New Year, which falls earlier than usual this year, has already led to a surge in shipments to and from China as businesses prepare for the holiday shutdown. But it’s not just about the holiday rush. The incoming U.S. administration is expected to introduce new tariffs, prompting many companies to bring shipments forward in anticipation of potential disruptions. How will Chinese New Year 2025 impact shipping, logistics, and supply chains? The Lunar New Year holiday period significantly affects the global shipping landscape due to the sheer volume of factory closures and a sharp decline in production, thus leading to disruptions in supply chain and logistics operations. The impact on the global supply chain . Chinese New Year has always been a big disrupter in the global supply chain as many factories and businesses will shut down up to 10 days or longer to allow The 2025 Chinese New Year, also called the 2025 Chinese Lunar New Year, starts on February 28, 2025 and ends on February 31, 2025. Actually, traditional Chinese holiday activities often begin as early as one month before Chinese New Year's Eve and end at the Spring Lantern Festival. Click on our post to find out the details of Chinese New Year 2024, and tips to prepare your supply chain for it. Chinese New Year, also called as Spring Festival and Lunar New Year, is the most important traditional festival in China. During this time, families of multi-generations will gather together and enjoy a rare time of reunion. When is the Chinese New Year? The Chinese New Year celebrations will begin on February 9th and conclude on February 24th. According to Maersk, the Lunar New Year is also celebrated in several East Asian countries, including China, Vietnam, Singapore, Malaysia, Philippines, Indonesia, and North & South Korea. How will supply chains be affected?
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