The Beginning • Marcel Bich & EdouardBuffard • France 1945 • 1950 company was name BIC • First product was the crystal ballpoint pen • 1958 entered the U.S market • Went global in 1969
BIC’s main products • Stationary products • Pens • Markers • Stick-notes • Coloring & drawing • White out • Lighters • Shavers
Social Responsibility • Training • Social Responsibility
Customers/Visual Goals • Everyone and everywhere • Visual goals: produce more products, innovation, and investment in developing countries.
Finance *Bic company is traded publicly in the French stock exchange As of 12/04/12 stock are priced at 93.33 euros Jim Dipietro is the top finance leader
How much do they sell Other Products sold by bic include surfboards and cell phones and that accounts for only 5 percent of the net sales Net income in euros
Mission Statement • To get the same quality for a 2 km writing line of a BIC® Cristal® pen from beginning to end; to produce 3,000 flames identical and safe from first to last with one BIC® Maxi lighter; to provide a close, comfortable shave for 10 days with one BIC Comfort 3® shaver ... these are BIC's commitments to its consumers.
Facts • 79% of BIC® products are made in the Company's factories and 21% are made by contract manufacturers, who comply with BIC's standards. • BIC® products are manufactured to tolerances measured in microns, and before any consumer even sees them, they undergo numerous tests and quality checks. BIC® pocket lighters, for instance, undergo more than 60 individual, automatic checks and each one meets or exceeds the requirements of the international safety norm, ISO 9994. • BIC does not sell its portfolio of products directly to consumers. Our products are sold in 3.2 million retail outlets worldwide, including grocery stores, pharmacies, mass merchandisers and stationery stores. • However, if you are a U.S. consumer, you can purchase a selection of hard-to-find writing instruments, correction products and shavers directly from BIC by visiting www.WheresMyBIC.us. Please note that we do not sell lighters through this site.