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Streamlined manufacturing creates the future of commercial electric vehicles
SEA Electric needed a solution that could help them keep up in the fast-moving, innovative electric vehicle (EV) sector. SEA Electric has only been using MYOB Advanced for a short time, but they’re already seeing the benefits. The new system handles the complexities of the business, making processes run smoothly and avoiding delays.
As manufacturers of EVs, SEA Electric’s vision is to create a future in which electric vehicles rule the road, by helping to switch almost every commercial vehicle, worldwide, to an energy-efficient electric model. They’re well on their way – but their incredible growth has also come with increased complexity. Implementing MYOB Advanced at just the right time has been the key to streamlining their production, unifying disparate parts of the business and unlocking opportunities. It supports the SEA Electric team’s never-ending quest for innovation, while supporting their BAU processes.
Disparate systems no way to grow
SEA Electric had been using two disparate systems – Xero and Netsuite – and spreadsheets filled in the inevitable gaps. Managing these two systems meant staff were double-handling data, which created extra work and increased errors for an already busy team. Occasionally this caused issues with inventory and managing product changes – not ideal in a fast-moving industry.
SEA Electric’s CFO, Bee Shiraz, explains. “Tracking inventory was impossible. We were running two systems side by side, and obviously that takes a lot of time, with double entry and having to reconcile in one system and then do the same in the other.”
"Tracking inventory was impossible. Two systems side by side takes a lot of time, double entry and reconciliations."
One system handles it all
SEA Electric chose MYOB Advanced because the system could handle all business requirements – from accounting to assembly – and would grow with the company. The team now use it to track and manage inventory and payroll, and deal with design changes without slowing down the entire production line. They also have their eye on several more modules and features that will be added as their business needs change.
The SEA Electric team is happy with the change so far. Bee Shiraz says, “It’s going well. The product is great – the configuration, the system, the single-touch payroll – it’s an amazing system.”
"It’s going well. The product is great – the configuration, the system, the single-touch payroll – it’s an amazing system."
Efficient, simple, scalable
MYOB Advanced offers a fully integrated solution across finance, inventory, payroll and manufacturing. Serialised product for warranty, automated purchasing and sub assembly is all handled with an integrated module, which has also transformed change control.
Stock now arrives when and where it’s needed, solving issues with inventory management.
Visibility of production process and ordering has been improved, and an automation for bill of materials, replenishment requirements and payroll has made ‘life easier’ for the team.
Tony Fairweather, CEO for SEA Electric says, “SEA Electric is entering an exciting phase of growth, and Advanced is the ideal platform to support that.”
"SEA Electric is entering an exciting phase of growth, and Advanced is the ideal platform to support that growth."
- Dual systems for accounting and production
- Double handling of data
- Limited functionality around production and assembly
- Lack of capacity for growth
- One unified system
- Reduced data handling
- New functionality of design change management
- Ability to handle expansion