Familiarity Breeds Complacency

Posted by Chris Griffey on Jul 29, 2022 2:11:25 PM

Running a dealership or even a department within one is hard enough work without having to sweat about supplier relationships. It’s great to have long-term relationships with suppliers, but it’s important to take nothing for granted.

Ensure you are taking the time to review these suppliers. That means verifying that they are:

  • Fulfilling the terms of your contract
  • Not rolling contracts over without sharing details
  • Not embedding undisclosed fees in their invoicing
  • Remaining competitive in both pricing and offerings

When it comes to vendors, ignoring the details can be very costly. And it does not need to cost you much time to keep track of your vendors. FLADCO is built to make it simple. We routinely conduct fast, free audits that take virtually no dealership time. And those audits often uncover savings of 30% or more, and sometimes find that providers are not meeting the terms of their contracts.

Give yourself some peace of mind and add to your bottom line by contacting FLADCO for a vendor audit.

Topics: Fixed Ops

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