DigiCore Electronics again substantially increased production volumes, increasing the number of units shipped by 38% compared to the previous financial year. Exports rose by 60%, while unit sales to DigiCore Fleet Management and the Secure division increased by 41%. Commendably, the overall increase in production volumes was achieved with only 18% more staff at the factory while total expenditure decreased by 13%.
Higher production levels, combined with aggressive negotiation with our main suppliers, enabled us to contain and, in some cases, reduce component costs.
In April 2007, the company completed the smooth changeover to a new enterprise resource planning platform, which is already delivering expected efficiencies.
Quality remains a strong focus of the business. Increased automation of the quality-control process has further reduced production faults. We are also replacing automated test equipment, previously custom-built for each product, with a standardised system that allows test equipment to be moved quickly between assembly lines as required. Because this equipment can be used on any of our products and is readily obtainable, it eliminates the risk of test equipment failure and bottlenecks in production.
With strong sales at the end of the review period, and a new monthly production record in September 2007, DigiCore Electronics anticipates another successful year.
DCE remains committed to manage a world class production facility in line with all ISO 9001 requirements.