Reynolds and Reynolds
Dealer News
Volume 3 | 2010
All Articles Fixed Operations Variable Operations     Tell us what you think: fuel@reyrey.com
Dealer to Dealer
Real Integration Helps Royal Chevrolet Win More Business
System Tips You Can Use
Maximize Efficiency With Current Service Operation Codes and Specifications
Save Deals With Roll to Inventory
Manage Manufacturer Parts Claims More Effectively
Are You Overlooking Profit Potential?
Close More Business With New "Recommended Not Done" Enhancement
News and Best Practices
Northwood University Students Practice Making Real-world Decisions
How Does Your Service Customer Measure Value?
Proud to Serve You
System Tips You Can Use
Are You Overlooking Profit Potential?

How much are you getting from your Service Price Guides (SPG)? There's a strong correlation between SPG utilization and profits per repair order (RO), according to a recent Reynolds study. The bottom line is that on average, the more you use SPG, the more gross profit you'll make per RO.

How is your service department doing? You can run two simple utilization reports in ERA right now to find out.

Are You Using SPG Often Enough?
Run the SPG Hits Report in screen 3789. It will display, by user and executable, how many times SPG was used over a given time period. The most profitable stores in the Reynolds study used SPG 4 or more times per RO throughout the RO process.



Are You Missing Profit Opportunities by Not Using SPG?
Run the Mapped Utilization Report in screen 3784 to:
  • Manage utilization for each advisor by RO, by hour, and by total sales.
  • Measure overall effective labor rate compared to your effective labor rate for SPG jobs. If your SPG rate is lower than average, you are likely using SPG only for lower margin repairs. You are missing out on the profit-driving value of using SPG for all your services.
Take a look at the latest Reynolds SPG Utilization Study to see where your dealership may have opportunities!
By running these reports regularly, you can always know where your service department stands and enjoy increasing your profits through greater SPG utilization.

If you're not where you want to be, give the Reynolds SPG team a call (800.891.1206, ext. 3) or get more information on how they can help. Start down the path to higher SPG utilization and greater profits.










Top It Off  

Take a Tour of the New Reynolds Data Center


Watch the video to learn how Reynolds is investing in
state-of-the-art data management
for your future.

Are You Missing Out on Potential Service Profits?


Dealers increase hours per RO, effective labor rates, and profitability in gross labor and parts per RO the more they use Service Price Guides.

Review the latest study and learn how you too can achieve these results.