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Auto Physical Damage

Webcast: The Power of Performance Metrics

Event Details
Start: July 8, 2020 @ 5:00PM MST On-Demand End: @ On-Demand Location: Online Event

Key performance indicators, or KPIs, can help you measure the overall health of your business. They can also reveal potential barriers to achieving your strategic and operational goals. In this on-demand webinar, you’ll learn the importance of KPIs in proper, safe vehicle repair and how you can leverage them to run your shop more efficiently.

Watch Now

While not all repair facilities track KPIs according to a recent FenderBender survey, those that do find them invaluable. In fact, one respondent commented: “If you do not improve year over year, you are standing still or, worse, falling behind. Metrics are essential for gauging the health of your operation.” That said, when it comes to creating KPIs for your business, what should you track? Average estimate amount? Capture rate? Customer satisfaction? Shop operators surveyed by FenderBender highlighted several essential KPIs including cycle and touch time, net promoter score and technician efficiency. Webinar presenters Nate Raskin, director of product management for Mitchell’s analytics solutions, and Bryan Brooks, implementation specialist for Mitchell’s OE Network Team, explain how KPIs and other performance metrics can be used to:

  • Support Proper, Safe Vehicle Repairs
  • Reduce Cycle Time
  • Boost Customer Satisfaction

They also share their thoughts on:

  • Five Key Metrics Designed to Better Position Your Shop to Consumers, Carriers and OEM Partners
  • How to Access Repair Procedures and Other Workflow Milestones
  • When to Record Scorecard Data and Where to Do It in Mitchell Software

Interested in other online events focused on collision repair? Visit the mPower events section. mPower also features relevant collision repair articles and industry trends information. 

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Auto Physical Damage Article

Average Length of Rental for Repairable Vehicles: Q4 2017

March 16, 2018

Average Length of Rental (LOR) for Q4 2017 landed at 12.4 days in the United States, a decrease of .1 days compared to Q4 2016. This produced a final LOR for Calendar 2017 of 12.04 days, up slightly from 11.98 in 2016. Once again, there was very little consistency between regions and states, suggesting that the quarterly result for the U.S. is not reflective of a genuine national trend.

Auto Physical Damage Article

Mitchell Collision Repair Industry Data: Q4 2017

March 16, 2018

The initial average appraisal value, calculated by combining data from all first and third-party repairable vehicle appraisals uploaded through Mitchell systems in Q4 2017, was $3,151. Continued development suggests a final Q4 2017 average appraisal value of $3,184, which represents an increase of $67 compared to the same quarter last year.

Auto Physical Damage Article

Total Loss: Q4 2017

March 16, 2018

Total loss data for both vehicle age and actual cash value of total loss vehicles processed through Mitchell servers.

Auto Physical Damage Article

Canadian Collision Summary: Q4 2017

March 16, 2018

The average gross initial appraisal value, calculated by combining data from all first and third party repairable vehicle appraisals uploaded through Mitchell Canadian systems in Q4 2017, was $4,184, a $43 increase from Q4 2016. Factoring for development yields an anticipated increase to $4,229.

Auto Physical Damage Article

The New Repair Network

February 27, 2018

The repair network of today is not your grandfather’s or your father’s repair network; in fact it may not even be your older brother’s repair network. Vehicles are becoming more sophisticated with every new model that rolls off the production line. They’re no longer merely a mode of transportation—they’re complex computer networks on wheels.

Auto Physical Damage Article

Motor Vehicle Markets Q4 2017

February 6, 2018

We recap the motor vehicle markets trends from Q4 2017, highlighting the best-selling U.S. cars, trucks, and current used vehicle market conditions.

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