Identify a Piece of the Business Each Tech is Responsible to Manage:
Creating effective service territories with 80% or greater territory integrity is a critical first step. Then, you can create territory-based parts spending plans and predictive car stock recommendations that are relevant to the environment where the technician is working
Cost Controls Must be Tied to Company Financial Goals:
The territory-based technician spending plans must be based on the financial goals of the company and relevant to the environment where each tech is working
Achieving Correct Inventory Turns is Necessary:
Accomplishing 4 turns annually on techs car stock inventory items is a critical part of effective parts inventory management. This reduces the amount of money needed for ongoing inventory purchases and reduces the amount of inventory dead-stock obsolescence write-offs
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SOURCE Pros Elite Group