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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:

Hugel Inc.

Корея, Республика23 Geodudanji 1-Gildongnae-Myeon, Chuncheon-Si Gangwon-Do
Last updated: June 24, 2021
Import
Export

Where does Hugel Inc. buy?

no data available

no data available

To whom does Hugel Inc. sell?

To Тоо Neotec (Неотэк)
Бостандыкский Районмкр.Коктем-1, Дом 50, Н.П. 98

shipments sent:
1
customer share:
33.3 %

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:
1
2 customersexplore

Which products does Hugel Inc. buy?

no data available

no data available

Which products does Hugel Inc. 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: 330499
Beauty or make-up preparations and preparations for the care of the skin (other than medicaments), incl. sunscreen or suntan preparations (excl. medicaments, lip and eye make-up preparations, manicure or pedicure preparations and make-up or skin care powders, incl. baby powders)

observed in number of shipments:
3
1 product soldexplore

From which countries does Hugel Inc. buy?

no data available

no data available

To which countries does Hugel Inc. sell?

to United States of America

number of shipments:
2
country's share in shipments:
66.7 %
weight of shipments:
2.9 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 Hugel Inc. which have been individually prepared by our research team.

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

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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 Hugel Inc. look like?

Generally you can differentiate the supply chain or supply network of Hugel Inc. 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 Hugel Inc. 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 Hugel Inc. 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 Hugel Inc.. 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 Hugel Inc. (upstream/procurement and downstream/sales) from Tier-1 to Tier-n

E.G.: Tier-1 Buyer Тоо Neotec (Неотэк)

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 Hugel Inc. stable?

Each tier in the supply chain or supply network on the supplier side of Hugel Inc. 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 Hugel Inc.

Icon hand holding a business cardSales
Who are the buyers of Hugel Inc.?

The performance of a company depends fundamentally on its buyers. Therefore, a largest possible base of stable buyers is crucial. A total of 2 international buyers of Hugel Inc. could be identified in bills of lading. For example, one of the buyers is the company Тоо Neotec (Неотэк), which has received 1 shipment.

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

Get an overview of the international sales and its 2 buyers of Hugel Inc. with Company Transparency.

Which products does Hugel Inc. sell?

Based on the analysis of international bills of lading (bill of lading/bills of lading / BOL), 1 product category that has been sold by Hugel Inc. can be identified by means of HS codes (HTS codes or customs tariff numbers).

It is classified with the HS code 330499, which groups following products:

„Beauty or make-up preparations and preparations for the care of the skin (other than medicaments), incl. sunscreen or suntan preparations (excl. medicaments, lip and eye make-up preparations, manicure or pedicure preparations and make-up or skin care powders, incl. baby powders)". This HS code was sighted 3 times in total.

Get an overview of internationally sold products by Hugel Inc. with Company Transparency

Is Hugel Inc. 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 Hugel Inc. 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 Hugel Inc. 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 Hugel Inc.. 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 Hugel Inc.

Icon handshakeReliability
Is Hugel Inc. 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 Hugel Inc. 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 Hugel Inc. consistently sell to over a long period of time that can be identified as a good reference?

Does Hugel Inc. 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 Hugel Inc.

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 Hugel Inc. 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 Hugel Inc. to international buyers in the last few months with Company Transparency

Icon chess rook pieceCompetitors
Who are the competitors of Hugel Inc.?

Generally you can differentiate the competition of Hugel Inc. 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 Hugel Inc. on the purchase side?

Competitors of Hugel Inc. 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 Hugel Inc. on the sales side (selling similar products)?

Competitors on the sales side of Hugel Inc. (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. 330499) or by top product terms.

Further information on shipments
from Hugel Inc.
  • 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 Hugel Inc.?

Following companies sell similar products like Hugel Inc.:

1
BM Global Sourcing Co., Ltd.
2
Boosters Co., Ltd.
3
Bbhc

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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