Traka Automotive Benefits

Increase profit by improving management visibility and control

Traka Automotive gives you greater control over your business, productivity and profitability improvements across all departments and is simple to implement and maintain.

  • Know who was responsible for parking and Speeding fines
  • Have visibility of all keys and vehicles
  • Improve employee satisfaction by making it easy to find keys efficiently
  • Improve customer satisfaction by ensuring fast and efficient service
  • Productivity gains across the business just simply by reducing the time spent looking for keys and vehicles
  • Measure parking space usage to improve capacity management

The possible benefits

Taking control of key management using an electronic automotive solution has quantifiable benefits. The list below provides a list of the potential value Traka automotive could generate.

If you would like this list in electronic form so you can explore the ROI in more detail, please email us at automotive@traka.com and we’ll be happy to send you our Cost-Benefit calculator tool.

 

Item

Example Benefit

£

Clear visibility of stock across the group

Locate a suitable vehicle for a customer which may be at another branch. Find sales stock which has been transferred out to other locations. Leads to one extra vehicle sale for the department per year

£1,000

No lost keys

Eliminate cost of ordering spare sets through parts department. For example, 3 sets per annum at £250 per set.

£750

No lost customer keys

No need to replace locks. No unhappy customers. No hits on customer satisfaction. Eliminate 3 incidents per annum at £250 per incident plus CSI improvement

£1,750

Know who was responsible for parking and Speeding fines.

Allocate costs and fines to staff and customers. For example, 2 of each per year for Sales and 2 of each per year for Aftersales, including improved CSI benefit

£1,300

Improved Employee Satisfaction

Saves 10 minutes per day for every staff member previously spent looking for a key or a vehicle, which can be used to generate leads, follow up customers, demo and sell more vehicles (All Departments) plus CSI improvement

£11,000

Full history of key movements

Speak directly to the right member of staff with a question, create real responsibility for every activity, eliminate wasted time and improve efficiency. Know who worked on every vehicle instantly, saving investigation time

£2,000

Restrict access to specific keys like demos & Courtesy Cars

Ensure only the right members of staff can take demo or Courtesy Car keys meaning they are always available or not used in a way which contradicts the company insurance policy

£1,000

Ensure a demo can be completed every time

Prevent prospects walking, sell to a prospect who would otherwise buy elsewhere, convert 1 more enquiry to a sale

£1,000

Integration with the DMS

Eliminate data entry of vehicle details saving all members of staff valuable time each day

£1,000

Track keys and progress of vehicles at offsite storage and prep facilities

Keep customers accurately informed, search and find out status of a vehicle whilst on the phone, no investigation or call-back required

£250

Fully audit the movement of keys between locations

Measure drivers, eliminate time-wasting, eliminate re-tagging of key at each location

£1,000

Measure Parking Space usage to improve overall use of capacity

Optimise site usage by 5%

£500

Alarms for late return of demos

Ensure sales staff deliver a comprehensive demo, no customers kept waiting for a demo, time to ensure each demo is cleaned before use

£100

Quick reporting on specific vehicles

Cross check demo usage against showroom logs over the weekend – ensure all prospects are recorded and auctioned, possibly leading to one more sale per year

£1,000

Perform a simple comparison of demonstrator usage

Optimise the demo fleet by model and colour (where possible) ensuring best mix

£100

Very fast key tagging from the service desk

Service Advisors spend 2 more minutes with each customer

£2,000

Improved customer satisfaction

No waiting for keys or vehicle to be returned after a service, no more lost keys or replacement locks, no more missing keys when the customer wants a test-drive.

£2,000

Huge productivity gains for all departments, particularly in Aftersales

Saving just 5 minutes per day per Technician for 10 technicians at a labour rate of £100 per hour

£25,000

Get extra work done in the same number of hours.

Eliminate time wasted hunting for keys and vehicles by everyone else - spend the time booking more jobs, selling more hours and more parts.

£5,000

Demonstrable key security to customers

Differentiates your service from the competition leading to 3 additional customers retained per year and CSI improvement

£2,500

Controlled access to keys for valeters and external staff

No manual logs, no management intervention, saves time

£500

Deliver vehicle back to the customer promptly.

Turn customers around quickly, saving time and money and making them happier

£2,000

Quick vehicle and key location lookup from any PC for any member of staff.

No telephone calls, no walking around or asking about, saves time

£1,000

Increased productivity of Service Advisors

Spend more time with each customer, no stress connected with keys, build rapport and improve CSI

£2,000

Measure PDI processes

Identify strengths and weaknesses, compare staff and improve performance by 5%

£2,000

Color-coded segmentation of the key cabinet

Show workload to be undertaken, eliminating paperwork

£250

Documentary evidence

Elimination of time and effort reviewing CCTV, interviewing staff and other investigation work

£750

Sarbanes Oxley and Stock Audit reporting functionality

Maximize your stock level during annual stock check by 3 additional vehicles worth £10,000 each, speed up the time it takes to perform audits and reduce the administrative overhead associated with managing vehicles stocks and auditing

£40,000

Modern and effective process

Customers expect modern dealerships to be using this kind of system.

-

Requires minimal training with a fluid and easy to understand layout

No time out for staff, no trainers needed

-

High performance

Saves time for staff

£500

Scalability (Software)

Inexpensive server hardware needed, quick and easy to expand at minimal cost

£1,000

Cabinets scalable from 10 to 1000s of keys in single locations

Efficient use of space saves money

£500

Automatic updates

Clients automatically update from the server so no downtime or resources needed to update

£500

Free lifetime hardware warranty

0

-

Free software upgrades

0

-

Free technical support

0

-

Twice yearly comprehensive on-site health checks

Audited externally by us rather than your own staff

£1,000

Free overnight error and diagnostic checks

0

-

All customers benefit from application improvements which are simple to roll back to others

Free analysis and development

-

Link the system to building alarms for audible warnings

Protect against tampering and avoid stolen keys

£5,000

Restricted access to cabinets and keys according to your procedures.

Eliminate paper procedures

£1,000

Key cabinets can be configured with any form of access method your require

Link to your existing access control system at no extra cost

£1,000

Roller Shutters

Out of hours additional security protects against theft and reduces insurance premiums

£2,000

Heavy-duty steel cabinets

Reduce Insurance Premiums by 1%

£1,000

Cabinets can be increased in size very easily

Flexibility reduces hardware replacement costs

£500

Easy to relocate and reconfigure

Flexibility reduces hardware replacement costs

£500

The eTag software allows an unlimited number of client PCs to be installed

No installation costs, no further license costs

£1,000

Differentiated service from the competition WILL be visible to customers

They will score their CSI experience higher with your dealership

£1,000

Reduced Insurance Premiums

Assuming 5% reduction on £100,000 annual policy

£5,000

 

COMBINED POSSIBLE BENEFIT ACROSS ALL AREAS

 

 

£130,250 per annum

 

Do you want to explore how Traka might work for you?

If you have any questions regarding Traka solutions and implementation, please contact us.  We'd be happy to share our experiences of similar projects. 

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