important to manage vehicle acquisition and personnel productivity. - - PowerPoint PPT Presentation

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important to manage vehicle acquisition and personnel productivity. - - PowerPoint PPT Presentation

Jan 19, 2023 394 likes •472 views

It has never been easier or more important to manage vehicle acquisition and personnel productivity. David J. Long Vice President, The Niello Company 919-610-2666 Davidjlong4 MITIGATING MARGIN COMPRESSION 1. Efficient Inventory

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SLIDE 1

“It has never been easier or more important to manage vehicle acquisition and personnel productivity.”

David J. Long

Vice President, The Niello Company 919-610-2666 Davidjlong4

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SLIDE 2

MITIGATING MARGIN COMPRESSION

  • 1. Efficient Inventory Acquisition Strategies
  • 2. Return on Time (ROT)
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SLIDE 3

TWO EFFICIENT INVENTORY ACQUISITION STRATEGIES

  • 1. In-store purchase program
  • 2. Stand-alone Buy Center
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IN-STORE PURCHASE PROGRAM

  • r

STAND-ALONE BUY CENTER

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SLIDE 5

David J. Long

Vice President, The Niello Company

“Mathematically measuring return on time leads to higher productivity.”

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SLIDE 6

FORMULA FOR RETURN ON TIME (ROT)

Available clock hours x number of productive associates should = ??

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SLIDE 7

David J. Long

Vice President, The Niello Company 919-610-2666 Davidjlong4

“These strategies can make an immediate impact on margin compression with little to no additional expense.”