KPM Blog

Shop Labor – The Other Inventory

Posted by Glenn Beyerl on August 26, 2015 at 6:14 PM

As a dealer, you likely devote a fair amount of time to inventory management, right? Parts to keep your customers going, the optimal level, make-up and display of equipment to maximize your sales? Of course! But what about the other inventory you purchase with each payroll? That’s right, shop labor inventory! And it already has an established retail price, your posted shop labor rate.

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Topics: business, profit, labor, technician, billable time

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