Lora Industies 01: Be Extra Ordinary

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LORA

INDUSTIES
BE EXTRA ORDINARY
COMPANY BACKGROUND

´> LORA Industries is a manufacturing company and shop that creates and sell
bike parts and accessories.

´> The company is known for its different services offered: bike modifications,
spare and replacement parts, and customized bike parts.

´> LORA Industries designs an astounding part and established a unique


reputation in the bike industry.
´
Company
History
´As the company establishes its name in the Philippines and triple its sales in just a year,
Ryndell Angeles decided to expand the company to countries in South East Asia. With
the expansion in Indonesia, Ryndell Angeles partnered with Indonesia’s DOTA Legend
and multimillionaire, Magnus Mark. Mr. Ibarra and Mr. Simon, Thousand Bitcoin
Holders, also hop on board in 2012 and Headed the Company in Singapore. Although
the Laos Branch records the lowest sales in a year, Ryndell Angeles still manage to close
a deal and partnership with the bike enthusiast and the only owner of a pure 24k gold
bike, Prince Midas. Other like-minded Philanthropists and Billionaires that landed in the
company are Mr. Abstev of The Bikers International and the Cancinos of Cancino and
Cancino Inc.
VISION

´LORA Industries will bring you to a place where riding a bicycle is always safe
and convenient for everyone, where biking is the preferred mode of
transportation for enjoyment and day-to-day journeys, and where the
advantages of bicycling are appreciated by all people.
Mission
´LORA Industries strives to improve bicycle performance, safety, and
education for all. We encourage and promote bicycling, as well as increased
safety and better road conditions for cyclists. We bring people together and
motivate them for those who are interested and ride bicycles in the
Philippines. Also, our mission is to share our knowledge and passion
regarding bicycles and the cycling lifestyle through the bicycle products and
services that we offered to our customers.
Values Statement
´ L-IFESTYLE THAT WE ARE HEALTHY, ACTIVE, AND FUN

´O-PPOTUNITIES FOR EMPLOYMENT AND BE ECONOMICALLY SUSTAINABLE AND HAVE


AFFORDABLE BIKES

´ R-ELATIONSHIP THAT WE PROVIDE: QUALITY CUSTOMER SERVICE, FRIENDLY, HONEST


AND BUILD POSITIVE RELATIONSHIPS WITH INDIVIDUALS, ORGANIZATIONS, AND
COMMUNITY

´ A-TTENTION FOR MUTUAL RESPECT AND YOUTH DEVELOPMENT


´
PRODUCTS
SERVICE OFFERED

´Professional chief mechanic who can handle all kinds of bike problems
´Bike modification
´Imported pre order parts of your own choice
´Beautification / repainting of bike frames or any designated psrts.
´Spare and replacement parts.
´Tools for maintenance and emergency kits availabe.
´Customized built bikes just for you
´Free bike check
´Amazing freebies
´Affordable bikes for any ages
´Home credit available
SWOT ANALYSIS
STRENGTHS

´The owners and founders of the company are passionate, skilled and
knowledgeable in manufacturing and making of the bike parts.
´The hired workers and employees for operations are well trained and experienced in their respective scop
of work.
´The company manufactures quality bike parts and accessories that are affordable and relatively cheaper
than the other brands.
´The company also focuses on research and development of manufacturing bike parts and only uses
modern equipment and machines in operations.
´The facilities and services of the physical stores are bike enthusiasts friendly, convenient, and accessible fo
the customers.
Weaknesses
10
´Competitive market
´Limited staff on some stores

´Limited products offered on selected stores (International)

´Some products are too complicated for ordinary bike users

´Difficulty in online transactions i.e. ordering, asking supports


Opportunities
´
´Due to the pandemic, people are finding new hobbies to overcome boredom and ways to stay fit while Gyms are closed. One of
the trends emerged during the pandemic is cycling.
´Restrictions on passenger capacity of public vehicles will force commuters to find an alternative transportation to their work.
´Government and NGOs advocacies for: cleaner and greener roads; allocation for more bike lanes; and giving incentives and
perks for bike riders.
´Additional Investors and partnership with influential figures are big help in market expansions and in increasing customer trust.
´Home credit available. Many people can't afford to buy a new bike in full cash. The company offers home credit which the
customer can buy new bike with 0% interest.
Opportunities
´
´Due to the pandemic, people are finding new hobbies to overcome boredom and ways to stay fit while Gyms are closed. One of
the trends emerged during the pandemic is cycling.
´Restrictions on passenger capacity of public vehicles will force commuters to find an alternative transportation to their work.
´Government and NGOs advocacies for: cleaner and greener roads; allocation for more bike lanes; and giving incentives and
perks for bike riders.
´Additional Investors and partnership with influential figures are big help in market expansions and in increasing customer trust.
´Home credit available. Many people can't afford to buy a new bike in full cash. The company offers home credit which the
customer can buy new bike with 0% interest.
Threats
10
´As globalization continues to progress, the large companies of the bike industry are always
competing for market dominance and capturing the market share.
´As technology always changes, the demands of customers are also changing in accordance with the latest trends.

´Law restrictions on different countries

´Delayed delivery of bike parts to some stores due to pandemic

´Market bias towards products that are manufactured on 3rd World Countries
Group 4
´ANGELES, DENVER J.
´BARTE, MARK JOSHUA F.
´CABUANG, JOHN ABNER S.
´CALIMLIM, JHONALD V.
´CANCINO, MATIAS G.
´CANCINO, AUDIE B.
´CASPE, MARK CYRIL C.
´SORIANO, MICHAEL C.
´

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