Archive for LMP

5 KPI’s Your Auto Shop is Not Tracking

Here at Labor Profit Management we would like to highlight Ratchet + Wrench’s Shop Performance Survey. They have assemble a respectable cross section of shops across the nation and the they came back with some noteworthy results. It turns out that most shops don’t track or have a way to track Effective Labor Rate, Technician […]

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Automotive Time Clock

Do you own or manage an auto repair shop? Then you probably have an automotive time clock. But contrary to popular belief not all Auto Shop Time Clocks are created equal. Labor Profit Management will not only record your technicians clocking-in and clocking-out but track the ELR (Effective Labor Rate) for each of your technicians […]

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Auto Shop Time Clock

Auto shops are unique when it comes to time clocks. Gone are the days of the simple “clock in/clock out” method. Shop owners, these days, need to be able to track their technicians efficiency. Car count is the lifeblood of the automotive repair industry and that relies heavily on your ability and your techs’ ability […]

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Labor Profit Management

Asset Management Technologies inc is proud to announce our Labor Profit Management software. With this system you are able to quantify employee productivity, effectiveness through accountability, and many other key business parameters. “If You Can’t Measure It, You Can’t Manage It!” Frederick Smith, FEDEX Corp.

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You’re measuring tech productivity wrong

From Motor Age Magazine By Chris Frederick “Measuring technician productivity by billed hours alone really is a could or should argument. Example: I could wear a Speedo, but should I? Tracking technicians’ billed hours as an effort/expectation to bring the needed sales for your shop doesn’t always bring the needed sales. I want to show […]

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