Profit Off Every Part Via Auto Shop Management Software
Your business doesn’t just make money off the big jobs that take hours of a technician’s day. Every time you quote a job, you have a chance to capitalize on every part, no matter how large or small. The trick is to find the right balance within your auto shop management software.
If you charge too much, you may worry about customers shying away from returning. However, if you tack on too small a fee and you’ll find yourself losing valuable revenue.
Yet you don’t want to spend too much of your day focused on the detailed pricing of every part.
The answer lies in turning to your auto shop management software and its machine learning to do the math for you.
Meet the GP Optimizer
The GP Optimizer is an industry-first tool that calculates your parts gross profit by using powerful cloud-based computing. And it does that right inside your auto repair shop management software. Simply enter your desired parts GP% and it sets your pricing to hit the target.
After that, the dollars and cents really add up in your shop management software.
A Mighty Matrix on Steroids Right in Your Software
Using the GP Optimizer is like playing darts and hitting the bullseye every time. Its algorithm takes your parameters from a traditional matrix – based on your markups, sales history and GP target. From that point forward, you hit your targets every time.
“Any issue I can think of gets remedied quickly. The customer support is quick to respond and get the software updated monthly with new features. Shop-Ware came highly recommended by other shop owners currently using the software.”
Christopher S., Service Manager for a shop with fewer than 10 employees
Stop Discounting to the Detriment of Your Auto Shop’s Profits
With the GP Optimizer, you can kick the habit of micromanaging your parts pricing. Stop trying to figure out which discounts left you short at the end of the month. Instead, simply test a $5 markup compared to $50 one to see the shift in GP margin.
The Optimizer knows which parts it can mark up more so you can focus on the bigger picture beyond parts. As the distribution of parts by cost price changes day to day, the Optimizer flexes its curve as necessary to stay on track.
Unlimited Storage + Potential Within Your Auto Shop Management Software
Since the Optimizer uses cloud-based computing, it can review an unlimited amount of inventory and sales data. This applies no matter the size of your business and your auto shop management software. It leverages these advanced statistics and machine-learning principles to create a custom, “optimized” parts markup curve.
Based on your shop’s actual parts sales, that arc flexes automatically as your parts sales mix naturally changes. The auto repair software liberates your shop from your local server capacity or systems to collect and track your parts pricing.
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