A lot of things happen every day in a workshop. Vehicles come in and out, as people need spare parts. With all of that movement, you want to ensure that you're still operating under the best possible circumstances - that is, guaranteeing your workshop remains as profitable as it can be even during the busiest hours of your day.
From our experience, here are the most significant issues that take up a workshop budget and some ideas that can help:
1. Adjust Your Schedule
With proper scheduling, you can be sure that there is enough time for all of the work to be done efficiently throughout the day. Look at how everyone works in the shop now and the number of repairs and inspections they perform in a day, then plan your schedule accordingly.
Profitability does not mean getting as many bookings as possible. On the contrary, too many bookings can lead to errors that you could avoid otherwise. As a result, you'll end up with unhappy customers and re-doing a job that you could have done more carefully.
2. Vehicle Inspection
It may seem arbitrary since the customer already brought in their vehicle, but it's good to add some inspection time into their booking. Have your mechanic check on their vehicle and tell your customer about any other parts that need repairs.
You'll see that customers appreciate this extra effort and will feel that any additional repairs done at that moment will save them time and money in the future.
Once you have the vehicle on the ramp, it's easier to make inspections and do additional work. You'll find increased profitability when the work benefits everyone involved.
3. Unplug Appliances
This cost goes highly unnoticed, but at the end of the day, make sure to switch off all the sockets and power strips and every possible appliance before leaving. This small addition to your daily routine will save you a lot of electricity in the long run.
4. Use OEM Quality Products
Using high-quality OEM products will save you money on repairs because you can ensure that the parts are comparable to the original. Quick and efficient fitting for the best quality parts will satisfy your customers and build a good reputation for your workshop.
5. Use More Efficient Electricity
The power supply market is highly competitive nowadays, so it's best to compare the costs and prices of the different electricity sources available to you. If you find a good deal on electricity, it could easily save you a lot of money.
6. Target Local Businesses
Start with local businesses that can promote your services around the area. Show them how convenient it would be to travel to work, leave their vehicle with you for the day, and return home in it with the repairs all done.
Offer introductory prices to new customers or even ongoing discounts to local businesses to get them to commit long-term to your workshop.
7. Diversify
Think about the services you offer and see how you differ from your competitors. For example, you may add specialized services for different kinds of vehicles like electric cars and hybrids to see how you can capitalize on that market. You will likely see more of those vehicles in the future, so it's best to get a head start on them and place yourself at the forefront of diversified repair services.
If you need a comprehensive look at your vehicle's condition or are looking for spare parts, Scantruck is your one-stop solution for all your commercial vehicles and material handling needs in Singapore. We've been helping thousands of commercial vehicles for over 35 years, and we partner with the best global brands for spare parts to give you the best value for your money.
If you want to review your workshop and its services, call us at 6305 6600 to get a FREE quote for your workshop needs!
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