A mighty matrix ‘on steroids’
Using the Parts 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, your sales history and your GP target. From that point forward, you hit your targets on auto parts pricing every time.
Stop discounting to your detriment
Kick the habit of micromanaging your auto parts pricing and trying to figure out which discounts left you short at the end of the month. Simply test a $5 markup compared to $50 one to see the shift in GP margin. As a result, the Optimizer knows which parts it can mark up more so you can focus on the bigger picture beyond parts. Further, 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
Since the Optimizer uses cloud-based computing, it can review an unlimited amount of inventory and sales data, no matter the size of your business. 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. Then, it flexes the curve automatically as your parts sales mix naturally changes. So, it liberates your shop from your local server capacity or systems to collect and track your auto parts pricing.
“Since using Shop-Ware’s GP Optimizer, we have noticed a significant increase in our gross profit per ticket. This feature has allowed us to get our parts margins within a set range so we can receive predictable GP patterns each week. It’s as simple as telling the Optimizer our desired parts GP% and it automatically sets our pricing to hit the target.”
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