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The purpose of this comprehensive program is to enable participants to optimize the sale and use of paint materials.
Are You Experiencing: • Low paint materials gross profit • Concern over the amount of waste you are generating • Lack of an organizational system for supplies • Concern about the amount of inventory on hand • Lack of standards for what gets coded to the various GL codes relative to materials • Lack of awareness of the ratios to watch to optimize material profits • Lack of technician buy-in to help solve these problems
The Course Will Provide: • A review of commonly missed P-page items relative to Paint Labor, as well as Paint Material reimbursement • An exercise on how to review an estimate and catch missed paint time • An exercise on properly coding invoices • A review of inventory storage options • A method for using Technical SOP’s to reduce inventory investment • A discussion on calculating various ratios and how your repair center compares to industry standards
Participants should try to bring their income statement and detailed GL ledger
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