Estimated reading time: 3 minutes
Autologica’s Analytics platform generates dashboards with accounting, financial, and management indicators to support decision-making, control processes, and identify improvement opportunities. And most importantly, dashboards to monitor dealership expenses.
In recent months, dashboards have been added that focus on key processes in Parts, Sales, Administration, and Finance.
Expense Analysis
This dashboard allows you to analyze in depth the key expenses within all the dealership’s costs, enabling comparison of variations versus previous months and periods.
Additionally, it provides budget execution control to monitor whether expenses exceed budgeted amounts.
Why do you need this information?
- Monitor the evolution of expenses.
- Analyze the correct categorization of expenses and their relation to sales, avoiding errors that could distort key indicators like break-even point and absorption factor.
- Detect allocation errors, such as expenses that should be prorated over 12 months but are recorded in a single period.
- Evaluate the impact of each expense within the dealership’s overall cost structure.
- Control budget execution to timely detect deviations caused by expenses exceeding the budget or showing significant increases compared to previous periods.
Parts Turnover
With this indicator, by comparing sales and stock, you can know how many times your stock turns over and thus generate profit on every sale. Low turnover indicates slow-moving inventory.
Manufacturers recommend a turnover between 2 and 3, though this can vary.
Why do you need this information?
- Evaluate how efficient stock management is by identifying fast-moving and slow-moving parts.
- Reduce financial and storage costs by avoiding overstock or obsolete parts.
- Improve availability of critical parts, ensuring good customer service levels.
- Optimize purchasing decisions by adjusting quantities and frequency based on actual consumption.
- Identify opportunities to improve pricing, promotions, or inventory policies.
Profit from Unit Sales and Parts Sales
Parts
This indicator provides a multidimensional analysis that reveals profit by family, type, customer, part, among others, allowing identification of, for example, the most profitable parts families or those with low profitability where price increases, reduced discounts, or cost reductions are needed.
To improve profit on average parts sales, it’s crucial to optimize pricing policies and commercial management. This involves reviewing margins by product line, applying differentiated pricing strategies by channel or customer, and adjusting sale prices as costs or inflation increase.
Additionally, using profitability analysis tools helps identify low-margin parts and make corrections without losing competitiveness.
Sales
This indicator shows whether money was gained or lost on each transaction.
It takes each vehicle’s sales invoice along with associated costs to calculate the profit on each vehicle sold. This should not be confused with departmental margins and profits, which consider salaries, services, expenses, etc., as shown elsewhere in Analytics.
This analysis per sale considers profit including:
- Historical cost
- Surcharges
- Discounts
- Import costs
- Handling fees
- Freight
- Other vehicle-related expenses
Want to implement a data-driven routine with Autologica? Let’s schedule a meeting.
