Cost Reduction - A Back Office Perspective - Overview
Locating opportunities for expense reduction can be challenging. In our presentation, Cost Reduction - A Back Office Perspective, we examine cost reduction programs and plans, explore various cost reduction ideas and help you identify vendor expenses that can be reduced to assist in your overall cost reduction plan.
To get started with identifying opportunities for cost reduction, there are industry guidelines that offer a point of reference and allow dealerships to measure themselves against an average, the best performers, or a geographic area. We offer tips on interacting with department managers and employees including motivation through pay to reduce expense and improve departmental profitability.