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Miriam Flores MGMT 489 Strategic Plan https://youtu.be/9AkX_b7dC2I
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Bimbo Mission Various product lines give Bimbo a greater reach
Adapt to the needs of the customer; providing new more nutrient rich products Something for everyone
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Bimbo is positioning itself to be a leader in the industry
New Acquisitions Area Expansions
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Financial Performance – Bimbo vs. Industry total
Year Revenue $ million Growth % 2017 61,639.6 1.1 2018 62,350.1 1.2 2019 62,932.1 0.9 2020 63,349.8 0.7 2021 63,964.8 1.0 2022 64,402.0
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SWOT ANALYSIS Strengths Weaknesses Opportunities Threats
Customer Loyalty Long history in the industry Quality service Social Service Strong commitment to excellent service Leading innovators Location - Mexico Potential conflicts of interest Key stakeholder conflicts of interest Originating Corp headquarter location. Mexican laws; government control over economy Opportunities Threats Move into other continents Better contract negotiations Acquire non bread companies Expand marketing opportunities Strong competitors Making a change too soon Contract changes upon renewal Loss of key employees Anti-monopoly law limiting further acquisitions
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