Marussia Virgin Racing, the first Anglo-Russian F1 racing team, reports that it has successfully deployed Sage ERP X3, to drive efficiency and enhance collaboration.
The integrated business management solution – which goes live this month (November 2011) – handles everything from inventory and stock management to finance, project management and job costing.
Kevin Lee, operations director at Marussia Virgin Racing, says that it will provide a consolidated view of the company's total operations and deliver new levels of business insight.
Sage ERP X3 was selected back in August this year, he explains, following a two-way tender process, and the first phase of implementation was completed within three months.
"Before investing in Sage ERP X3, Marussia Virgin Racing, like many businesses, was operating a number of disparate IT systems and needed a centralised ERP solution that could look after the entire lifecycle of the products and thousands of parts that we deal with," states Lee.
"Offering a complete end-to-end business management system that can scale seamlessly to break down departmental and geographical silos, Sage ERP X3 will enable us to automate complex business processes and dramatically increase operational efficiencies," he adds.
For him, following go-live, later this month, Sage X3 will become the engine-room for Marussia Virgin Racing's operations, from inception of part-master records all the way to payment.
It will, he says, provide a central hub for business-critical information and provide fully integrated functionality across multiple business functions and departments to deliver a joined-up view of the whole business.
"In the fast-paced world of Formula 1, agility is mission critical, so speed of implementation was a fundamental success criterion for us," continues Lee.
"Thanks to the expertise and dedication of Sage's team, and the robustness of the technology, we are set to be up and running with the new solution in just three months."