Order Forecast Before New Year Holiday: Why It's Crucial for Business Success

2024-11-06

With the holiday season approaching, businesses need to prepare for the surge in demand for their products. Analyzing previous sales and data, businesses can forecast their potential orders, ensuring they have enough inventory to avoid delays, loss in revenue and disappointed customers. Order forecasting also helps businesses identify changing trends and adjust their marketing strategy. Accurate forecasts ensure smooth operations and increased sales, making it a crucial element to business success during the busiest time of the year. Start your order forecast today and get ahead of the competition.

Lumin would like to remind you to provide your forecasts for new orders and safety stock with the upcoming holiday season in mind. As Christmas and the New Year are fast approaching, it is important that we receive your orders in a timely manner.

Additionally, the Chinese New Year holiday is anticipated to fall earlier than usual this year, commencing on January 29, 2025. This means that we will not be able to accommodate orders placed after December 25 , 2024, as many workers will request leave to return home to their families a few weeks prior to the holiday. Furthermore, some raw material suppliers will halt the acceptance of new purchase orders from us, resulting in potential disruptions in our supply chain.

However, we will continue to accept orders throughout the holiday period, but the delivery will be prolonged.

Outlined below are important dates to take note of:

1. Chinese New Year holiday: January 29 to February 9, 2025
2. Last day for placing orders: December 10, 2025
3. Last day of order delivery: January 20, 2025

We kindly request that you review this information and provide us with any necessary guidance or feedback.

Thank you for your unwavering support throughout 2024.

Lumin Team

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