Regulating three basic inventory elements will decrease costs and increase profits.
determine and define quality products at the best cost
track and control product usage
manage purchasing and standardize stocking
Body shops that “work” their inventory will definitely increase their Paint & Materials profits. It’s worth the effort to understand and manage the following three main elements of inventory management that affect profitability:
We can show you how by…
- Analyzing current P&M usage.
- Developing a plan to maximize current material usage.
- Working with suppliers to find more cost effective P&M.
- Developing standard operating procedures for product selection and usage.
Colormatch is in partnership with BetterBodyShops to provide inventory management assistance to body shops.