Indian Handicrafts

The performance of a company depends heavily on its suppliers. Therefore, a reliable network of partners (suppliers, dealers and manufacturers) is elementary. In bills of lading, a total of 4 international suppliers of Indian Handicrafts could be identified on which the company is relying. One of the suppliers is, for example, the company Nepal Felt Ball Handicraft Pvt.Ltdkathmandu Sdnf Sdnf Nepal, which delivered 1 shipment.

Get an overview of Indian Handicrafts’s international procurement and its 4 suppliers with Company Transparency

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

E.G.: Tier 1 supplier Nepal Felt Ball Handicraft Pvt.Ltdkathmandu Sdnf Sdnf NepalTier-1 Buyer Vakko Tekstil VE Hazir Giyim Sana

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.

Each tier in the supply chain or supply network on the supplier side of Indian Handicrafts 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 Indian Handicrafts

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

It is classified with the HS code 630240, which groups following products:

„Table linen, knitted or crocheted". This HS code was sighted 10 times in total.

Get an overview of internationally purchased products by Indian Handicrafts with Company Transparency

Each tier in the supply chain or supply network of Indian Handicrafts 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 supplier from Indian Handicrafts that primarily trades a product and doesn’t add any value (only fulfills the distributor function) it is possible to shorten the supply chain and reduce purchasing costs. 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 the supply chain of Indian Handicrafts and saving costs on the procurement side.

The performance of a company depends fundamentally on its buyers. Therefore, a largest possible base of stable buyers is crucial. A total of 22 international buyers of Indian Handicrafts could be identified in bills of lading. For example, one of the buyers is the company Vakko Tekstil VE Hazir Giyim Sana, which has received 2 shipments.

Among 5 identified buying countries, an important target country to sell products to is: United States of America. 21 shipments of goods were shipped to this country in the period covered.

Get an overview of the international sales and its 22 buyers of Indian Handicrafts with Company Transparency.

Based on the analysis of international bills of lading (bill of lading/ bills of lading/ BOL), a total of 11 different product categories sold by Indian Handicrafts, can be identified.

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

For example, HS code 950510 classifies the following products:

„Christmas articles (excl. candles and electric lighting sets, natural Christmas trees and Christmas tree stands)". This HS code was sighted 11 times in total.

Get an overview of internationally sold products by Indian Handicrafts with Company Transparency

Each tier in the buyer side of the supply chain or supply network of Indian Handicrafts 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 Indian Handicrafts 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 Indian Handicrafts. 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 Indian Handicrafts

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 Indian Handicrafts can itself reliably deliver due to external dependencies (exogenous factors).

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

How is the supply chain or supply network structured on the supplier side of Indian Handicrafts? Are there suppliers or products in the supply chain that are reported as critical, e.g. in international media?

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

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

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 Indian Handicrafts 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 Indian Handicrafts to international buyers in the last few months with Company Transparency

The more constant incoming shipments, the better one can determine possible procurement problems of a company like Indian Handicrafts

Since 2021, there are increasingly external factors due to global supply shortages, whether a company, no matter manufacturer or distributor, can reliably deliver through dependencies.

Based on the statistical trend of shipments (in terms of the number of shipments and respectively the quantity of goods) it is possible to analyze current procurement stability and thus ultimately also to derive an indication of the company’s delivery and performance capability.

Generally you can differentiate the competition of Indian Handicrafts by the purchase and sales perspective.

• Start the competitive analysis on the purchase side.
• Start the competitive analysis on the sales side.

Competitors of Indian Handicrafts 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 (e.g. 630240) or by top product terms.

Competitors on the sales side of Indian Handicrafts (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. 950510, 950590) or by top product terms.