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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:

Wang Feng Co., Ltd.

39/2 QL 13 Binh Giao Ward, Thuan Giao Village, Thuan AN District, Binh Duong Province, Vietnam
Last updated: July 4, 2019
Import
Export

Where does Wang Feng Co., Ltd. buy?

no data available

no data available

To whom does Wang Feng Co., Ltd. sell?

To Bel Imports Inc.
111 55 West Park Dr. Houston, Texas 77042 USA

shipments sent:
3
customer share:
4.2 %

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:
–
30 customersexplore

Which products does Wang Feng Co., Ltd. buy?

no data available

no data available

Which products does Wang Feng Co., 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: 940360
Wooden furniture (excl. for offices, kitchens and bedrooms, and seats)

observed in number of shipments:
12
5 products soldexplore

From which countries does Wang Feng Co., Ltd. buy?

no data available

no data available

To which countries does Wang Feng Co., Ltd. sell?

to United States of America

number of shipments:
235
country's share in shipments:
89.7 %
weight of shipments:
2,860.6 t
4 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 Wang Feng Co., Ltd. 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 Wang Feng Co., Ltd. look like?

Generally you can differentiate the supply chain or supply network of Wang Feng Co., 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 Wang Feng Co., 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 Wang Feng Co., 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 Wang Feng Co., 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 Wang Feng Co., Ltd. (upstream/procurement and downstream/sales) from Tier-1 to Tier-n

E.G.: Tier-1 Buyer Bel Imports Inc.

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 Wang Feng Co., Ltd. stable?

Each tier in the supply chain or supply network on the supplier side of Wang Feng Co., 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 Wang Feng Co., Ltd.

Icon hand holding a business cardSales
Who are the buyers of Wang Feng Co., Ltd.?

The performance of a company depends fundamentally on its buyers. Therefore, a largest possible base of stable buyers is crucial. A total of 30 international buyers of Wang Feng Co., Ltd. could be identified in bills of lading. For example, one of the buyers is the company Bel Imports Inc., which has received 3 shipments.

Among 4 identified buying countries, an important target country to sell products to is: United States of America. 235 shipments of goods were shipped to this country in the period covered.

Get an overview of the international sales and its 30 buyers of Wang Feng Co., Ltd. with Company Transparency.

Which products does Wang Feng Co., Ltd. sell?

Based on the analysis of international bills of lading (bill of lading/ bills of lading/ BOL), a total of 5 different product categories sold by Wang Feng Co., Ltd., can be identified.

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

For example, HS code 940360 classifies the following products:

„Wooden furniture (excl. for offices, kitchens and bedrooms, and seats)". This HS code was sighted 12 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:

  • FURNITURE DINING: WOOD P/I #: 201764391 P/O #: 57829JPT MADE IN VIETNAM SHIPPER HERE BY CERTIFY THAT THE SHIPMENT DOES NOT CONTAIN SOLID WOOD PACKING MATERIAL
  • WOODEN FURNITURE PER PO#OWF-B F-016 ITEM NO.# MDV1765 &MDV1 866 MADE IN VIET NAM THIS SHIPMENT CONTAINS NO SOLID WOOD PACKAGING MATERIALS WOODEN FURNITURE PER PO#OWF-B F-016 ITEM NO.# MDV1765 &MDV1 866 MADE IN VIET NAM THIS SHIPMENT CONTAINS NO SOLID WOOD PACKAGING MATERIALS
  • WOODEN FURNITURE PER PO#OWF-B F-016 ITEM NO.# MDV1866 MADE IN VIET NAM "THIS SHIPMENT CONTAINS NO SOLID WOOD PACKAGING MATERIALS"
  • WOODEN FURNITURE PER PO#OWF-B F-016 ITEM NO.# MDV1765 MADE IN VIET NAM "THIS SHIPMENT CONTAINS NO SOLID WOOD PACKAGING MATERIALS"
  • WOODEN FURNITURE PER PO#OWF-B F-0013 ITEM NO. # MD5608-DT/S C MADE IN VIET NAM ''THIS SHIPMENT CONTAINS NO SOLID WOOD PACKAGING MATERIALS''
  • WOODEN FURNITURE PER PO#OWF-B F-0016 ITEM#MDV1866-SV/MDV176 5PC/PT MADE IN VIET NAM "THIS SHIPMENT CONTAINS NO SOLID WOOD PACKAGING MATERIALS."
  • WOODEN FURNITURE PER PO#OWF-B F-0016 ITEM#MDV1866-BC/T/SC MADE IN VIET NAM "THIS SHIPMENT CONTAINS NO SOLID WOOD PACKAGING MATERIALS.''
  • WOODEN FURNITURE, FURNITURE AND PARTS, NOS
  • FURNITURE -DINING WOOD P/I # 201664028 P/O # 927615BJA MADE IN VIETNAM SHIPPER HEREBY CERTIFY THAT THE SHIPMENT DOES NOT CONTAIN SOLID WOOD PACKING MATERIAL THE SAME
  • FURNITURE -DINING WOOD P/I # 201663806 P/O # 52825JPT MADE IN VIETNAM SHIPPER HEREBY CERTIFY THAT THE SHIPMENT DOES NOT CONTAIN SOLID WOOD PACKING MATERIAL THE INFORMATION APPEARING ON THE DECLARATION RELATING TO THE QUANTITY AND DESCRIPTION OF THE CARGO IS IN EACH INSTANCE BASED ON THE SHIPPER'S LOAD AND COUNT. I HAVE NO KNOWLEDGE OR INFORMATION WHICH WOULD LEAD ME TO BELIEVE OR TO SUSPECT THAT THE INFORMATION FURNISHED BY THE SHIPPER IS INCOMPLETE, INACCURATE, OR FALSE IN ANY WAY.

Get an overview of internationally sold products by Wang Feng Co., Ltd. with Company Transparency

Is Wang Feng Co., 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 Wang Feng Co., 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 Wang Feng Co., 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 Wang Feng Co., 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 Wang Feng Co., Ltd.

Icon handshakeReliability
Is Wang Feng Co., 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 Wang Feng Co., Ltd. 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 Wang Feng Co., Ltd. consistently sell to over a long period of time that can be identified as a good reference?

Does Wang Feng Co., 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 Wang Feng Co., 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 Wang Feng Co., 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 Wang Feng Co., Ltd. to international buyers in the last few months with Company Transparency

Icon chess rook pieceCompetitors
Who are the competitors of Wang Feng Co., Ltd.?

Generally you can differentiate the competition of Wang Feng Co., 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 Wang Feng Co., Ltd. on the purchase side?

Competitors of Wang Feng Co., 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 or by top product terms.

Who are the competitors of Wang Feng Co., Ltd. on the sales side (selling similar products)?

Competitors on the sales side of Wang Feng Co., 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. 940360, 940340) or by top product terms.

Further information on shipments
from Wang Feng Co., Ltd.
  • 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 Wang Feng Co., Ltd.?

Following companies sell similar products like Wang Feng Co., Ltd.:

1
Hong Khai Wood Co., Ltd.
2
Ethnicraft nv
3
Cosymark 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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