LORA Industries

Group 4
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

 LORA Industries was established by Mr. Louis Ryndell Angeles in 2010. With the help of
his friends Jordan Soriano and Donald Calimlim, they started everything by modifying the
front and rear derailleur of a bike. One year after starting, various bike enthusiasts
commended their modification because of its excellent features. From there, they
continuously modified more parts and established the LORA Industries. Ryndell Angeles
always saw the huge potential of his business and dreamt big. He put faith in hard work,
passion, and focus, to turn his then-small business into one of the biggest companies in the
Philippines and the world.
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

 Front Derailleur  Cogs

 Handlebar  Hydraulic Oil  Cable Wires
 Handle Grip  Saddle  Lube
 Stem  Bike Frame  Carbon spacer
 Air Fork  Rims  Speedometers
 Rigid Fork  Tires  Seatpost clamp
 Hydraulic Brakes  Spokes  Bolts
 Left and Right Shifter  Seatpost  Break pads
 Combo Shifter  Saddle Bag  V breaks
 Bottle Mount  Mud Guard  Helmets and Gears
 Crank  Brake Calipers
 Pedals  Rear Derailleur
 Chain  Cassette type hubs
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 scope 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 for the customers.
Weaknesses

 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.
Threats

 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.