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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:

New Merit Enterprise Ltd.

Last updated: May 20, 2023
Import
Export

Where does New Merit Enterprise Ltd. buy?

At Mithila Tools & Chemicals
Near Jvlr, Room No. 2, S. Prasad Chawl No. 1 Pratap Nagar, Cave Road, Jogeshwari East Mumbai

shipments received:
7
supplier share:
4 %

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
42 suppliersexplore

To whom does New Merit Enterprise Ltd. sell?

To Shree Adeeshwar Enterprises (India)
507/04Shivmurthi Bldgdr.D.B.Marg Mumbai Central Mumbaimaharashtra Pin-400008

shipments sent:
6
customer share:
4.3 %

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:
6
34 customersexplore

Which products does New Merit Enterprise Ltd. buy?

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: 871499
Parts and accessories, for bicycles, n.e.s.

observed in number of shipments:
10
32 purchased productsexplore

Which products does New Merit Enterprise Ltd. 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: 392690
Articles of plastics and articles of other materials of heading 3901 to 3914, n.e.s

observed in number of shipments:
38
108 products soldexplore

From which countries does New Merit Enterprise Ltd. buy?

in India

number of shipments:
173
country's share in shipments:
98.9 %
weight of shipments:
0 t
2 import countriesexplore

To which countries does New Merit Enterprise Ltd. sell?

to India

number of shipments:
138
country's share in shipments:
100 %
weight of shipments:
0 t
1 export countryexplore
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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 New Merit Enterprise Ltd. 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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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.

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Icon shopping basketPurchase
Who are the suppliers of New Merit Enterprise Ltd.?

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 42 international suppliers of New Merit Enterprise Ltd. could be identified on which the company is relying. One of the suppliers is, for example, the company Mithila Tools & Chemicals, which delivered 7 shipments.

Among 2 identified supplying countries, an important source to purchase products from is: India. 173 shipments of goods could be identified from this country.

Get an overview of New Merit Enterprise Ltd.’s international procurement and its 42 suppliers with Company Transparency

What does the supply chain of New Merit Enterprise Ltd. look like?

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

E.G.: Tier 1 supplier Mithila Tools & ChemicalsTier-1 Buyer Shree Adeeshwar Enterprises (India)

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 New Merit Enterprise Ltd. stable?

Each tier in the supply chain or supply network on the supplier side of New Merit Enterprise Ltd. 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 New Merit Enterprise Ltd.

Which products does New Merit Enterprise Ltd. purchase?

Based on the analysis of international bills of lading (bill of lading/ bills of lading/ BOL), a total of 32 different product categories that have been purchased by New Merit Enterprise Ltd., can be identified.

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

For example, HS code 871499 classifies the following products:

„Parts and accessories, for bicycles, n.e.s.". This HS code was sighted 10 times in total.

From the product descriptions of the analyzed bills of lading (bill of lading/ bills of lading/ BOL), the following purchased products from various suppliers can be identified as examples:

  • MOBILE LCD (MOBILE ACCESSORIES)
  • MOBILE LCD MOBILE ACCESSORIES
  • ELECTRIC DISPLAY

Get an overview of internationally purchased products by New Merit Enterprise Ltd. with Company Transparency

Is New Merit Enterprise Ltd. able to reduce costs in the upstream supply chain?

Each tier in the supply chain or supply network of New Merit Enterprise Ltd. 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 New Merit Enterprise Ltd. 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 New Merit Enterprise Ltd. and saving costs on the procurement side.

Icon hand holding a business cardSales
Who are the buyers of New Merit Enterprise Ltd.?

The performance of a company depends fundamentally on its buyers. Therefore, a largest possible base of stable buyers is crucial. A total of 34 international buyers of New Merit Enterprise Ltd. could be identified in bills of lading. For example, one of the buyers is the company Shree Adeeshwar Enterprises (India), which has received 6 shipments.

An important destination country identified for the sale of products: India. 138 shipments of goods were shipped to this country in the period covered.

Get an overview of the international sales and its 34 buyers of New Merit Enterprise Ltd. with Company Transparency.

Which products does New Merit Enterprise Ltd. sell?

Based on the analysis of international bills of lading (bill of lading/ bills of lading/ BOL), a total of 108 different product categories sold by New Merit Enterprise Ltd., can be identified.

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

For example, HS code 392690 classifies the following products:

„Articles of plastics and articles of other materials of heading 3901 to 3914, n.e.s". This HS code was sighted 38 times in total.

From the product descriptions of the analyzed bills of lading (bill of lading/ bills of lading/ BOL), the following products sold to various buyers can be identified as an example:

  • MINI SPEAKER (B/T) (NETBOX) (ETA NO. SD-20190905006 DT. 23.09.2019) (UNBRANDED) (O/T REPUTED BRAND) USB CABLE (UNBRANDED) (O/T REPUTED BRAND) FLIP COVER (UNBRANDED) (O/T REPUTED BRAND)
  • SPRAY MATERIAL FOR COVER (UNBRANDED) (O/T REPUTED BRAND) PVC GIFT ARTICLE (FOR PROMOTIONAL USE) (UNBRANDED) (O/T REPUTED BRAND) STICKER (UNBRANDED) (O/T REPUTED BRAND)
  • 500ML LIQUID SOAP (MADE UP OF PLASTIC) (NET WT: 180 KGS) CLOTH GRASS CAR (MADE UP OF PLASTIC) (NET WT: 40 KGS) BF570 DUST SUCTION MACHINE (NET WT: 90 KGS)
  • CELL (USE FOR MOBILE BATTERY PURPOSE) (O/THEN REPUTED BRAND) BIS REG NO. R-41083321 FLIP COVER (USE FOR MOBILE PHONE) (O/THEN REPUTED BRAND) PACKING MATERIAL (STICKER) (USE FOR MOBILE PHONE) (O/THEN REPUTED BRAND)
  • GLASS SET TOOLS (NET WT : 459 KGS) GLASS BLOWING 45 CM (NET WT : 185 KGS) WAIST TUBE SWEEP (NET WT: 14 KGS) (MADE UP OF PLASTIC)

Get an overview of internationally sold products by New Merit Enterprise Ltd. with Company Transparency

Is New Merit Enterprise Ltd. 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 New Merit Enterprise Ltd. 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 New Merit Enterprise Ltd. 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 New Merit Enterprise Ltd.. 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 New Merit Enterprise Ltd.

Icon handshakeReliability
Is New Merit Enterprise Ltd. 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 New Merit Enterprise Ltd. 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 New Merit Enterprise Ltd.? Are there suppliers or products in the supply chain that are reported as critical, e.g. in international media?

Which buyers does New Merit Enterprise Ltd. consistently sell to over a long period of time that can be identified as a good reference?

Does New Merit Enterprise Ltd. 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 New Merit Enterprise Ltd.

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 New Merit Enterprise Ltd. 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 New Merit Enterprise Ltd. to international buyers in the last few months with Company Transparency

Does New Merit Enterprise Ltd. have procurement problems at the moment?

The more constant incoming shipments, the better one can determine possible procurement problems of a company like New Merit Enterprise Ltd.

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.

Here you can see an analysis of shipments from international suppliers to New Merit Enterprise Ltd. in the last few months with Company Transparency

Icon leafSustainability
What is the CO₂ footprint and sustainability of New Merit Enterprise Ltd. products?

Sourcing products as regionally as possible with short shipping routes and the use of sustainable materials define the CO₂ footprint and sustainability of the products of any company, including New Merit Enterprise Ltd.

After many companies, predominantly due to cost savings, have been building their networks increasingly internationally for years, there is now an increasing trend of so-called “on-shoring” or “near-shoring”. Attempting to include suppliers who are the closest to the supply chain because of financial, risk, environmental and image aspects:

  • Saving international freight costs, which have risen extremely since 2021.
  • Minimizing risks caused by logistics problems (e.g. the Suez Canal obstruction in 2021)
  • Attempting to reduce the carbon footprint when purchasing products.
  • Setting and meeting sustainability goals for own products of New Merit Enterprise Ltd.

Based on the development of current shipments (in terms of number of shipments and quantity of goods) and changes in international suppliers and routes, it is possible to analyze the extent to which New Merit Enterprise Ltd. has already made efforts in recent months and years, to focus on environmentally relevant aspects, like carbon footprint and sustainability in its business activities.

Get an overview of the international shipments that have an impact on the CO₂ footprint, as well as the sustainability of New Merit Enterprise Ltd.

Icon chess rook pieceCompetitors
Who are the competitors of New Merit Enterprise Ltd.?

Generally you can differentiate the competition of New Merit Enterprise Ltd. 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 New Merit Enterprise Ltd. on the purchase side?

Competitors of New Merit Enterprise Ltd. 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. 871499, 851779) or by top product terms.

Who are the competitors of New Merit Enterprise Ltd. on the sales side (selling similar products)?

Competitors on the sales side of New Merit Enterprise Ltd. (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. 392690, 851770) or by top product terms.

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

Which companies buy similar products like New Merit Enterprise Ltd.?

Following companies buy similar products like New Merit Enterprise Ltd.:

1
Todson, Inc.
2
Cycles Devinci Inc.
3
Wayne Fueling Systems LLC Dba Dover

Which companies sell similar products like New Merit Enterprise Ltd.?

Following companies sell similar products like New Merit Enterprise Ltd.:

1
Shenzhen Baihe Technology Co., Ltd.
2
Phn
3
Shenzhen Jzt Technology 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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