Electric Vehicles

We understand your challenges

In the Indian electric vehicle market, there is a great deal of excitement surrounding new technologies and innovations. This has led to an exponential growth in the number of electric vehicles on the roads in India over the past couple of years. The high amount of attention given by the Government of India to subsidise these vehicles imply that existing automobile companies are entering the industry with a greater force, forming a competitive environment. However, the volatility surrounding the innovations, infrastructure and regulations in the EV industry means that managing the operations of the EV industry can be highly complex.

How we approach the problem statement

Netsuite offers better solutions to fit into this growing market and manage the everyday mundane tasks through a single system, reducing costs and saving time for your company. With the help of this robust solution, your business can have the ability to effectively make choices by integrating purchasing, sales, finance, and production into one dashboard.

Pasadena, Calif.-based URBAN626 designs and develops last-mile compact electric vehicles. The company replaced its previous on-premise ERP system with NetSuite to address visibility and integration problems that began shortly after starting full-scale manufacturing and sales operations. URBAN626’s implementation took just 30 days to complete and it now runs NetSuite for financials, work orders, manufacturing, assembly, and 3PL integration.

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Netsuite for the Apparel, Fashion and Footwear industry looks into the following areas:

Data Analysis

Adaptability

IoT Integration

An automobile manufacturing unit functions on an excessive amount of data related to procurement of raw materials for manufacturing, vehicle safety and performance reports, demand forecasting etc. Handling such data can be tedious for a large manufacturing unit. Netsuite enables you to integrate your data from multiple sources into a single, customisable dashboard. This allows you to easily view and analyse all of your important metrics in one place, saving time and money spent on multiple reports. Netsuite also helps you create customised performance reports using metrics such as sales, customer satisfaction and return rates so that you can make better decisions about how to run your business.

The Electric Vehicle industry is a comparatively new market opportunity for the Indian market. Therefore, it is subject to a lot of new regulations and a continuously evolving environment due to promising innovations shaping its importance. As a result of these changes using any softwares to manage the business operations of this industry can be highly demanding. Netsuite offers high user adaptability when it comes to such an ambiguous environment, the customers can update to new bundles instantly without the hassle of shifting complete business operations.

In the EV industry, the use of Internet of Things (IoT) for equipment is a key feature. However, with any technology, there are challenges that need to be addressed before it can be fully adopted. Therefore, integrating IoT devices into your manufacturing processes can be a real challenge. Netsuite offers a developed a solution to this problem by integrating its software into the front and backend systems of manufacturers, resulting in all data points being accumulated at one place. This means that manufacturers can now see how their entire production process is performing, from production planning through to production execution.

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