Post on 18-Jan-2016
Group 4 Jing Yuan Jerome Banuls Jean Saghaard Charles Thach
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Agenda
Company presentation
The international presence
French operations
Conclusion
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Company Presentation
GEMPLUS
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Profile
World leader in smart card manufacturing Created in 1988 in France Success, crisis (2000 – 2002), resilience
Three markets Telecom, Financial services, Identity
International – Regional culture & identity >90% turnover outside France More employees abroad
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Financial FiguresRevenue (Euros)
200,00
400,00
600,00
800,00
1 000,00
1 200,00
1 400,00
2000 2001 2002 2003
Operating Results (Euros)
-150
-100
-50
0
50
100
150
2000 2001 2002 2003
Revenues Down trend
Operating Results Started to recover
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Financial Figures
Net Results
-350
-300
-250
-200
-150
-100
-50
0
50
100
150
2000 2001 2002 2003
Historic Decreasing
demand Price pressure
Measures Divestitures Restructuring Cost reduction
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Market Performance
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People per Region
Total Employees: 5.037
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Organisation
Manufacturing & Sales Three Regions : USA, Europe, Asia Production autonomy Close to customers
R&D Main activity located in France (500 people) 100 people in Singapore, 10 in Beijing
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Worldwide Activities Split
60%
13%27%
R&D Manufacturing SG&A
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The International Presence
Gemplus out of France
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Gemplus Presence: Europe
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Gemplus Presence: North America
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Gemplus Presence: Asia
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Internationalism
Started very rapidly 1989 sales office in the USA and Singapore First manufacturing plant outside France (Germany) in
1992 1994 : 14% of employees outside France (2004 > 70%)
Drivers Customers : local markets
GSM : specific requests, local personalisation centers Banking / ID : national security policy
Manufacturing cost PubTel : low cost, delocalisation Mexico, China, Poland Allocating demand/products to run full capacity & reduce
cost
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Example : Poland
Large manufacturing center Drivers :
Local demand Quality/cost ratio of labor Cost Logistics (serving Eastern Europe) Safety
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French Operations
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Activities in France
505 people; 30%
500 people30%
675 people; 40%
R&D Manufacturing SG&A
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Operating in France
French Management Historical On purpose Local culture : French & Provence
Blend of American management norms
Importance of the R&D team
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Having the R&D in France
High level of skills French creativity Proximity with chip suppliers « Bien-être »
80% of R&D resources in France.The core of the knowledge
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Pros and Cons for France
Positive Negative
Technical skills Geographical position Infrastructures Stability
Lack of entrepreneurship spirit Complexity of the legal system Too many constraints, lack of flexibility Lack of proficiency in foreign language
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Advice when Coming in France
Integrate the French culture rapidly
Have managers familiar with the country and its functioning
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Conclusion
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French Attractivity
Not highly attractive for industrial operations
High intellectual skills
More open internationally
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Acknowledgement
Mr. Luc Gillet – European HR Director Ms. Muriel Charriere – HR Manufacturing
(France)