switched to Taiwan company GIANT PRODUCT DEVELOPMENT AND SUPPLY CHAIN DAY

Switched to taiwan company giant product development

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switched to Taiwan company GIANT (PRODUCT DEVELOPMENT AND SUPPLY CHAIN) DAY MONTIOR HOW DISTRUBITED BIKES WERE BEING USED AND WHAT PROBLEMS THE BIKES WERE HAVING. EVENTUALLY THE BIKES WERE IMPROVED TO A LEVEL THAT WAS (AS SOLID AS A TANK) ACCORDING TO DAY. IT WAS 2 THE COST OF COMPETING BIKES THE QUALITY OF THE WBR BICYCLE STARTED TO ATTRACT THE ATTENTION OF LOCAL ORGANIZATIONS TIRED OF BAD QUALITY BIKES. AT THAT POINT WBR HAD ENOUGH PEOPLE WANTING TO DO BUSINESS WITH THEM THAT THEY SET UP BUFFALO BICYCLES IN 2008 (AT THIS POINT BECAME SOCIAL ENTERPRISE, COMBINING NON-PROFIT AND FOR-PROFIT ACTIVITIES) BY THE END OF THE RAPIDS PROGRAM WBR HAD DONATED MORE THAN 23,000 BIKES AND LAUNCHED NITIATIVES TO SUPPORT SUSTAINABILITY, DISTRUBITING IN COMMUNITY LED CEROMONIES THAT INCLUDED SIGNING SERVICE TO OWN CONTRACTS, TRAINING COMMUNITY- BASED FIELD MACHANICS AND CONNECTING COMMUNITIES TO A SUPPLY CHAIN FOR SPARE PARTS. PAGE 4 2009: WBR LAUNCHED BICYCLES FOR EDUCATIONAL EMPOWERING PROGRAM (BEEP), AIMED TO PROVIDE FEMALE STUDENTS IN SUB-SAHARIAN AFRICA GREATER ACCESS TO EDUCATION (TRANSPORTATION) THERE WAS HIGH DROP OUT RATE BECAUSE OF DISTANCE TO SCHOOLS, LED TO HAVING CHILDREN AT EARLY AGE AND UNEMPLOYMENT. 70 % OF BEEP BICYCLES WENT TO FEMALE STUDENTS- BICYCLE RECEPIENTS EDUCATION PERFORMANCE INCREASED BY AS MUCH AS 30% IN AFRICA. DECREASE IN MISSED DAYS, DOWN BY 35% IN ZAMBIA AND DROPOUTS. STUDENT ENROLLEMENT FOR GIRLS WITH BUFFALO BICYCLES INCREASED BY 14% IN KENYA. IN ZAMBIA STUDENTS MISSING MORE THAN 10 DAYS OF SCHOOL PER YEAR DECREASED BY 59%. NOT JUST STUDENTS BENEFITED FROM BIKES, FAMILIES BENEFITED AS WELL. BICYCLES AFFECTED GROWTH OF GDP. TO SELECT PARTICIPATING SCHOOLS WBR WORKED WITH LOCAL EDUCATION AGENCIES. FIRST IDENTIFIED TARGET REGIONS (DISTANCE FROM SCHOOL). NEXT SELECTED SCHOOLS WITH MOST NEED FOR TRANSPORTATION, LAST ESTABLISHED A BICYCLE SUPERVISORY COMMITY (BSC) TO MONITOR INFORMATION ABOUT PROGRAM WAS SENT HOME BY STUDENTS, FAMILY WANTING TO BE IN BEEP COMPLETED APPLICATION (DISTANCE TRAVELED, ATTENDANCE HISTORY, ACADEMIC PERFORMANCE) PAGE 5: ABOUT THE COMPANY WBR IS A SECTION 501 ©(3)-TAX EXCEMPT PUBLIC CHARITY INCORPORATED ON JUNE 20, 2006, UNDER ILLINOIS NOT FOR PROFIT CORPORATION ACT
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BB IS A FOR PROFIT SUBSIDIARY OF WBR AND IS A TRADING CONDUIT FOR PRODUCT DEVELOPMENT, PURCHASE AND SELLING OF BIKES. ALL TAXES OWED ON BB PROFITS ARE PAID IN COUNTRY BY BB. A CHALLENGE FOR NON PROFITS: FUNDING THERE ACTIVITIES WITH THE UNCERTANITY OF GOVERNMENT GRANTS BB WAS DESIGNED TO ADDRESS WBR CHALLENGE: 1. BB PROFITS GENERATED FUNDING SO WBR COULD DONATE MORE BIKES 2. WBR SCALING LOWERED THE COST OF THE BIKES 3.
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  • Spring '12
  • feasel
  • Bicycle, wbr, chairman of WBR

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