When times are tough, what separates resilient companies from others is its superior financial performance. Along with ensuring healthy cash flow for the short term, Automotive Dealers must also strategically manage their working capital across their retail store, supply chain, sales and even after sales service to build resilience for the longer term.
To help you rethink your value chain and uncover trapped money, NRoot Labs brings to you targeted analytics solutions exclusively for Automotive Dealership. Our approach will standardize your data and technology at the core to deliver differentiated and customer-specific solutions at the front. These solutions will gear you up to become more responsive and agile in today’s evolving and challenging times.
Our biggest challenge was to dissect spreadsheets to accurately measure sales performance of different departments and functions on a day to day basis. In that scenario, how do we maintain profitability? NRoot labs has been a great team to partner with solve this challenge for us! The results from their reports from DMS were astounding! We now have simple easy to use numbers on business performance, easy to measure performance based off invoicing, ability to drill into the finer detail and recognize key areas that we were able to improve on immediately. The icing on the cake was our improved after sales performance from 70% absorption ratio to 82%. Since the implementation of Automotive Dealership Analytics, our GP% and aged stock performance have improved significantly and negated the downturn in new car sales, enabling the group to maintain profitability! Thank you, NRoot Labs!