As the saying goes “the little things can add up.” These "little things," or small parts used every day when servicing vehicles – lug nuts, oil drain plugs, fuses, nuts and bolts – can add up, costing you thousands. How does this happen?
Profit and productivity take a hit when these inexpensive service parts are not readily available. Trying to locate, source or wait for delivery of these items results in three big problems: wasted technician time, idle service bays and lost profit.
Consider this example:
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Average service sales per bay, per hour:
Hours per week bay is idle waiting for parts:
Lost service bay revenue per week:
Lost service bay revenue per year (x 52 weeks):
Average net profit:
Lost profit per year:
Number of service bays:
Total lost profit – all bays per year:
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$150
2 hours
$300
$15,600
33%
$5,148
3
$15,444
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For a very modest cost, a service shop can have these parts on hand and readily available to use. Most of these general service parts come organized in inexpensive kits and assortments. Take a look at your operation, see what you need, make the investment, and increase your profit. Learn more about these small parts at
JohnDow.com/Dynamic.