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ABRAMS.wiki provides you with genuine shipments, location, competitors, buyers, customers, suppliers, supply chain, products, product portfolio, contacts, employees, turnover of:

Hanchang Ien

14, Noksansandan 261-Ro 14Beon-Gil Gangseo-Gu, Busan, Korea 60984
Last updated: July 2, 2024
Import
Export

Where does Hanchang Ien buy?

no data available

no data available

To whom does Hanchang Ien sell?

To Maddox Industrial Transformer LLC
865 Victor Hill Road Greer SC 2965 1

shipments sent:
1
customer share:
3.2 %

HS or HTS codes are a global standard used to describe the type of goods being shipped (Harmonized Commodity Description and Coding System).The World Customs Organization (WCO) manages the Harmonized Tariff Description and Coding System (HTS). Over 170 countries participate in the WCO's HTS system. The first six digits of the HTS code marking of all articles in international trade are the same for all countries using the HTS. The last two or four digits are country-specific. In many countries these last four digits represent the tariff rate and suffix for the statistical reports of the trade balance of imported goods.

HS codes:
2
8 customersexplore

Which products does Hanchang Ien buy?

no data available

no data available

Which products does Hanchang Ien sell?

HS or HTS codes are a global standard used to describe the type of goods being shipped (Harmonized Commodity Description and Coding System).The World Customs Organization (WCO) manages the Harmonized Tariff Description and Coding System (HTS). Over 170 countries participate in the WCO's HTS system. The first six digits of the HTS code marking of all articles in international trade are the same for all countries using the HTS. The last two or four digits are country-specific. In many countries these last four digits represent the tariff rate and suffix for the statistical reports of the trade balance of imported goods.

HS code: 850422
Liquid dielectric transformers, having a power handling capacity > 650 kVA but <= 10.000 kVA

observed in number of shipments:
4
2 products soldexplore

From which countries does Hanchang Ien buy?

no data available

no data available

To which countries does Hanchang Ien sell?

to United States of America

number of shipments:
8
country's share in shipments:
25.8 %
weight of shipments:
323.3 t
2 export countriesexplore
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Market analysis methodology:
from raw statistical data to Artificial Intelligence (AI)

ABRAMS world trade wiki as a partner of UN Comtrade (database of the United Nations) as well as the OECD (Organisation for Economic Co-operation and Development) analyzes billions of statistical data as well as freight and customs data using intelligent algorithms as well as Artificial Intelligence (AI) and has developed a "unique business intelligence portal" on this basis (quote UN Comtrade / References).

On this page you will get insights into the market activities of Hanchang Ien which have been individually prepared by our research team.

Take a free peak at the latest shipments from your competitor, supplier or customer!

Get information about suppliers, customers and products from your main competitor, by analyzing his latest shipments or select a different company 
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Multi-level supply chain transparency

ABRAMS world trade wiki not only shows direct suppliers and buyers of the first tier (Tier-1). Our tool Supply Chain Intelligence breaks the visibility barrier beyond Tier-1, enabling a comprehensive insight into the entire supply chain network, providing multi-tier transparency with just one click.

Supply Chain Intelligence - Export and Import
Supply Chain Intelligence - suppliers
Supply Chain Intelligence - customers
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What does the supply chain of Hanchang Ien look like?

Generally you can differentiate the supply chain or supply network of Hanchang Ien by two perspectives:

  • The supplier side (a so-called Tier-1-supplier is a direct supplier, Tier-2 is a supplier of the Tier-1 supplier, Tier-n is a supplier at any level in the Hanchang Ien supply network).
  • The buyer side (a so-called Tier-1 buyer is a direct buyer, Tier-2 is a buyer of the Tier-1 buyer, Tier-n is a buyer at any level in the Hanchang Ien distribution network).

To ensure business stability and continuity, a supply chain or supply network must be constructed in such a way that external influences can cause as little damage as possible to Hanchang Ien. This applies both in the area of procurement (the loss of a supplier must be covered by an alternative supplier) as in the area of sales (the loss of a buyer must be covered by an alternative buyer).

Risks can generally be considered as the non-availability of goods, through cutback or complete halt of production, or the potential loss of business partners, violating compliance rules (e.g. protection of the environment, labor legislation) and thus drop out of the supply network.

This risk should not necessarily be limited to the direct business partner (Tier 1), it involves the entire supply chain, unless sufficient alternative suppliers and buyers have been put in place.

Get an overview of the international supply chain of Hanchang Ien (upstream/procurement and downstream/sales) from Tier-1 to Tier-n

E.G.: Tier-1 Buyer Maddox Industrial Transformer LLC

ABRAMS world trade wiki not only shows direct suppliers and customers of the first tier (Tier-1). With just one click in our tool Supply Chain Intelligence you get a comprehensive insight into the supply network with multiple tiers (Tier-n) beyond the first tier.

Is the supply chain of Hanchang Ien stable?

Each tier in the supply chain or supply network on the supplier side of Hanchang Ien involves a single risk. The more tiers, the more difficult it is to analyze and monitor the business partners. Suppliers of suppliers are generally unknown, so there is already an increasing risk at the second (Tier 2) level.

If e.g. a first Tier supplier is not adding any value, the supply chain can be shortened and the risk of failure can be minimized by skipping this supplier. A previous Tier-2 supplier now turns into a Tier-1 supplier, which we call "go-direct". In our tool Supply Chain Intelligence as far as international suppliers are concerned, this analysis can be done with one click:

Analyze the potential of shortening and therefore stabilizing the supply chain of Hanchang Ien

Icon hand holding a business cardSales
Who are the buyers of Hanchang Ien?

The performance of a company depends fundamentally on its buyers. Therefore, a largest possible base of stable buyers is crucial. A total of 8 international buyers of Hanchang Ien could be identified in bills of lading. For example, one of the buyers is the company Maddox Industrial Transformer LLC, which has received 1 shipment.

Among 2 identified buying countries, an important target country to sell products to is: United States of America. 8 shipments of goods were shipped to this country in the period covered.

Get an overview of the international sales and its 8 buyers of Hanchang Ien with Company Transparency.

Which products does Hanchang Ien sell?

Based on the analysis of international bills of lading (bill of lading/ bills of lading/ BOL), a total of 2 different product categories sold by Hanchang Ien, can be identified.

These are classified by means of HS codes (HTS codes or customs tariff numbers).

For example, HS code 850422 classifies the following products:

„Liquid dielectric transformers, having a power handling capacity > 650 kVA but <= 10.000 kVA". This HS code was sighted 4 times in total.

Get an overview of internationally sold products by Hanchang Ien with Company Transparency

Is Hanchang Ien able to optimize its profits on the buyer side of the supply chain? (downstream)

Each tier in the buyer side of the supply chain or supply network of Hanchang Ien is adding value and therefore costs. The more tiers, the more expensive the product gets. Supply chains are normally not very transparent, trade secrets are part of the survival tactics in each stage of the value chain, especially for trading companies.

If e.g. a Tier-1 buyer from Hanchang Ien that primarily trades products and doesn’t add any value (only fulfills the distributor function) it is possible to shorten the supply chain downstream giving a potential to optimize profit margins for Hanchang Ien. A previous Tier-2 buyer now turns into a Tier-1 buyer, which we call "go-direct". In our tool Supply chain Intelligence as far as international buyers are concerned, this analysis can be done with one click:

Analyze the potential to shorten the supply chain and optimize the profit margins on the sales side of Hanchang Ien

Icon handshakeReliability
Is Hanchang Ien a reliable supplier?

Each company contributes significantly minimizing risks for its buyers, through its own stability. Internal risks (endogenous factors) can be e.g. financially (financial ratios, free cash flow, balance sheets) or operationally (production, lead times). Since 2021, external risks have increased due to worldwide shortages and are an important factor as to whether a supplier such as Hanchang Ien can itself reliably deliver due to external dependencies (exogenous factors).

To assess this, data analysis should be conducted to get practical answers:

Which buyers does Hanchang Ien consistently sell to over a long period of time that can be identified as a good reference?

Does Hanchang Ien have problems supplying at the moment?

The more constant outgoing shipments of a company’s, the easier it is to assess potential problems for a supplier like Hanchang Ien

Operational aspects like a stable supply chain, an in-house production and reliable logistics define sustainable performance.

Since 2021, global supply shortages have increasingly added external factors as to whether a supplier like Hanchang Ien can deliver reliably itself through dependencies.

Based on the statistical trend of shipments (in terms of the number of shipments and respectively the quantity of goods) the current supply and performance capacity can be indirectly analyzed.

Here you can see an analysis of shipments by Hanchang Ien to international buyers in the last few months with Company Transparency

Icon chess rook pieceCompetitors
Who are the competitors of Hanchang Ien?

Generally you can differentiate the competition of Hanchang Ien by the purchase and sales perspective.

  • Start the competitive analysis on the purchase side.
  • Start the competitive analysis on the sales side.
Who are the competitors of Hanchang Ien on the purchase side?

Competitors of Hanchang Ien on the purchase side (procurement of raw materials and components for production or distribution) are exposed on ABRAMs wiki under Competitive Intelligence, purchased products, classified by HS-Codes or by top product terms.

Who are the competitors of Hanchang Ien on the sales side (selling similar products)?

Competitors on the sales side of Hanchang Ien (selling raw materials or components for production or distribution) are exposed on ABRAMS wiki under Competitive Intelligence, sold products classified by HS-Codes (e.g. 850422, 850421) or by top product terms.

Further information on shipments
from Hanchang Ien
  • shipments statistically processed according to business relationship
  • product portfolio
  • shipment history
  • and much more
Monitor with abrams.wiki Tool Company Transparency

Which companies sell similar products like Hanchang Ien?

Following companies sell similar products like Hanchang Ien:

1
Cofeka Cia., Ltda.
2
Hanley Energy Ltd.
3
Kerec Co., Ltd.

The above information comes from sources accessible to everyone, in particular from public institutions. The initial data was not verified by inigma LLC, but used unchanged ("as is"). The aforementioned companies have neither assigned nor supported inigma LLC to publish the above information. The use of the website and the information available is subject exclusively to the General Terms and Conditions & Terms of Use of inigma LLC.

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