State of Heavy-Duty Repair 2020-2021 - Technology and Maintenance ...
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
2 | Fullbay: State of Heavy-Duty Repair Table of Contents Introduction & Methodology 3 A MESSAGE FROM TMC 5 Responder demographics 6 Shop demographics 10 Diving into repairs 19 Shop talk 22 COVID-19 impact 30 Inventory Management 37 Technicians 41 Tech hiring and shortage 46 Shop technology and software 50 ABOUT FULLBAY 57 Heavy-duty repair shop software fullbay.com
3 | Fullbay: State of Heavy-Duty Repair Introduction & Methodology Thank you for reading the first-ever State of Heavy-Duty Repair report, brought to you by Fullbay and TMC. The goal of this report is to shed light on an This report offers both quantitative and essential, but often overlooked, industry: heavy- qualitative data and provides what we believe duty repair. As the leading provider of heavy-duty to be the most comprehensive and accurate shop management software, we found ourselves overview of the industry available. To gather the in a unique position to offer insights, trends, and data needed for such a venture, we surveyed benchmarks for the space. For the purposes of this heavy-duty professionals and used a sample report, heavy-duty repair refers to the workforce of anonymized shop data from users of the maintaining fleets of Class 6-8 vehicles, farm Fullbay platform. The more than 340 survey equipment, emergency vehicles, construction respondents and 250 sampled shops from all equipment, heavy machinery, and more. across North America allow us to answer high- level and practical questions based on real data from real shops and their employees. Heavy-duty repair shop software fullbay.com
4 | Fullbay: State of Heavy-Duty Repair All survey and usage data has been fully anonymized, and while usage data does necessitate the shop to be running on the Fullbay platform, survey respondents include both users and non-users. To create a representative cohort to provide shop-level data, we selected 250 random businesses that had used Fullbay for at least 12 continuous months. As you read through the report, you’ll see additional information on how data was collected and the methodology used for analysis. The data collected was used to infer trends across the entire industry, but as is the case with all samples, it may not be representative at an individual level. We’re excited to also provide expert analysis on the data and findings within the report, with contributions from these industry veterans: • Jacob Findlay, Founder & Chief Executive Officer, Fullbay • Chris O’Brien, Chief Operating Officer, Fullbay • Robert Braswell, Executive Director, TMC • Jack Poster, VMRS Services Manager, TMC • Don Doty, Vice President of Roadside Operations, Vendor Relations, FleetNet America®, Inc. • Paul Moszak, Vice President & Heavy Duty Evangelist, MOTOR Information Systems • Troy Willich, CEO & Co-Founder, TDI Fleet Services • Stacy & Ben Conner, Co-Owners, Equipment Experts, Inc. • Keith McMaster, President, Fireweed Heavy Truck & Equipment Repairs Ltd. • Jay Goninen, Founder & President, Find a Wrench • Aaron Picozzi, President, American Diesel Training Centers At Fullbay, we take pride in elevating the industry by providing a never-before-seen level of insight into the hard work of the men and women of heavy- duty repair. It’s our privilege to author this report. We hope you find the data and analysis valuable. — The Fullbay Team Heavy-duty repair shop software fullbay.com
5 | Fullbay: State of Heavy-Duty Repair A MESSAGE FROM TMC For decades, the American Trucking Associations’ Technology & Maintenance Council (TMC) has provided members with best practices that address the critical technology and maintenance issues impacting truck fleets. Today, it has the largest, most diverse group of maintenance and equipment experts available to help you answer whatever technical Become a member of challenges your company might face. TMC/ATA to take your shop As a TMC member, that experience and expertise to the next level. Save $50 is at your fingertips. Get reliable answers to the on membership when using challenges you face everyday in this industry! promo code TMCFULLBAY21 Recommended Practices are specifications, the adoption of which is voluntary, which are used to assist in the JOIN NOW purchase, design, maintenance, and performance of equipment. There are two categories: maintenance and engineering. To access the entire collection click here. tmc.trucking.org (703) 838-1763 tmc@trucking.org Heavy-duty repair shop software fullbay.com
6 | Fullbay: State of Heavy-Duty Repair Responder demographics The qualitative and quantitative data used for this report includes a diverse industry. Get to know the heavy duty repair community, “The age demographics highlight a glaring problem throughout the transportation industry: including everything from the age The majority of folks are nearing the twilight range of industry workers to the of their careers. There exists an input problem number of bays in the shop. within the heavy-duty repair space. In order for the industry to thrive, we all need to work Here’s just a fraction of to lower the barriers to education and training, what we learned: and open the door to the younger generation.” • Not as many shops know their AARON PICOZZI net profit as you may think President American Diesel Training Centers • A large number of shops have opened in the last five years • Heavy-equipment repair appears as common as truck repair Heavy-duty repair shop software fullbay.com
7 | Fullbay: State of Heavy-Duty Repair AGE RANGE OF SHOP EMPLOYEES Our data suggests that the most common age range in heavy- duty repair is between 35–44 years old. The smallest range is 65 and up. A positive trend appears to be a younger segment, 18–34, making up more than a quarter of the space. 18–24 2% 25–34 25% 35–44 33% 45–54 24% 55–64 14% 65+ 2% GENDER BREAKDOWN Men make up nearly three-quarters of the industry. Women aren’t totally left out, however; 27% of repair shops include women on-staff or are owned/run by women. 72% 27% 1% Male Female I prefer not to say Heavy-duty repair shop software fullbay.com
8 | Fullbay: State of Heavy-Duty Repair WHO DOES WHAT IN THE SHOP? Most responders were owners or service managers. Selected all that apply Owner 39% Service Manager 35% Parts Manager/Specialist 27% Office Manager/Accounting 25% Technician 24% Operations 24% Executive (C-Suite, GM) 18% Sales 13% Underwriting/Service Writer 13% Marketing 11% Other 5% Truck Driver 5% Heavy-duty repair shop software fullbay.com
9 | Fullbay: State of Heavy-Duty Repair DO SHOP ROLES CHANGE BASED ON GENDER? There were very few women technicians, which we have historically seen. However, we can’t wait to see what next year holds in store because 26% of female respondents are already owners and we foresee this trend continue to increase. Top 5 Female Roles: Top 5 Male Roles: Office Manager/Accounting 49% Owner 45% Owner 26% Service Manager 42% Executive 21% Technician 33% Service Manager 17% Parts Manager/Specialist 32% Parts Manager/Specialist 14% Operations 29% Heavy-duty repair shop software fullbay.com
10 | Fullbay: State of Heavy-Duty Repair Shop demographics “The shop demographics highlight the While business can vary greatly highly-fragmented nature of this industry. across geographic regions, Almost 75% of shops just have one location we found mostly similarities and bring in less than $2 million in revenue per year. A full half bring in less than $1 across the United States. million. Most of these are essentially mom- • Most shops have been operating and-pop businesses. And yet these small shops repair and maintain the majority of for more than six years commercial vehicles in North America.” • Almost 90% of businesses have five or fewer locations JACOB FINDLAY Founder and • A fifth of shops don’t know Chief Executive Officer what their net profit is Fullbay Heavy-duty repair shop software fullbay.com
11 | Fullbay: State of Heavy-Duty Repair NUMBER OF YEARS IN BUSINESS The average shop in the U.S. has been operating between 6-12 years. Running a repair shop long-term is challenging, but nearly 23% of the existing shops have been around for 20 years or more. We also see a promising selection of newer shops; nearly a quarter of the heavy-duty repair businesses in the country have been around for five years or less. This indicates growth within the industry – always a good thing! 24% 34% 19% 23% 0–5 6–12 13–20 20+ NUMBER OF LOCATIONS Since most repair shops are small businesses, it’s no surprise that half of them operate from a single location. With that said, just over 40% have expanded to two or more locations – in some cases, one owner may oversee up to 10 shops. Right now, the mobile-only field remains small (they only make up about 4% of shops in the country), but we look forward to seeing how it grows. 54% 35% 6% 1% 4% 1 2–5 6–10 10+ Mobile only Heavy-duty repair shop software fullbay.com
12 | Fullbay: State of Heavy-Duty Repair REPAIR SHOP REVENUE RANGES Nearly half the repair shops in the country take in between $500,000 and $2 million gross revenue per year. There are outliers on either side of that; 9% of shops see gross revenue of $250,000 or less, whereas 18% took in up to $4 million per year. $0–$250,000 9% $250,000–$500,000 14% $500,000–$1,000,000 26% $1,000,000–$2,000,000 25% $2,000,000–$4,000,000 18% $4,000,000–$6,000,000 6% $6,000,000+ 2% INVOICE, INVOICE, INVOICE On average, each shop creates 33–36 invoices per week, which extrapolates out to 132–144 invoices per month. Heavy-duty repair shop software fullbay.com
13 | Fullbay: State of Heavy-Duty Repair REGIONAL DIFFERENCE IN REVENUE WA ME MT ND VT OR MN NH ID SD WI NY MA RI CT WY MI Shops on the West Coast are largely responsible for IA PA NV NE NJ OH MD IL IN DC DE UT CA CO KS MO the $4–$6 million gross revenue outliers, while shops WV VA KY NC TN AZ OK in the Midwest and Northeast regularly bring in gross NM AR SC AK AL GA MS TX LA earnings within the range of $500,000–$2 million. FL HI DISTRIBUTION OF REVENUE BY REGION West Midwest Northeast Southwest Southeast WA WA ME MT ND VT ME OR MT MN ND NH ID VT OR SD WI NY MA MN RI CT NH WY ID MI SD WI NY MA RI IA PA CT WY MI NV NE NJ WA OH MD IN DC DE IA PA UT IL NV NE NJ CA ME CO OH MD MT ND IL IN DC DE KS UT WA CA MO VT CO WV OR VA MN KS NH ME MO ID MT KY WV ND SD WI WA NY MA VA RI VT NC OR CT WY TN KY MI MN NH ME MT AZ OK ID ND NC IA PA WI NY MA NM AR SC SD TN NV NE NJ RI VT OR CT AZ OK WY OH MD MI MN AK IL IN DC DE NH NM AL GA AR SC UT ID MS CA PA WI NY MA CO IA SD AK NE RI GA NV NJ CT AL KS MO WY MD MI TX LA MS OH WV IL IN DC DE UT VA CA IA PA CO TX LA KY NV NE FL NJ KS MO OH MD NC WV IL IN DC DE UT HI FL TN CA VA CO AZ OK KY NM AR SC KS MO HI NC WV AK VA TN AL GA AZ MS OK KY NM AR SC NC AK TX LA TN AZ AL GA MS OK NM AR SC FL AKTX LA AL GA HI MS FL TX LA HI FL HI $0– 10% 11% 7% 5% 13% $250,000 $250,000– 17% 16% 9% 8% 11% $500,000 $500,000– 20% 29% 31% 23% 33% $1,000,000 $1,000,000– 11% 22% 33% 31% 28% $2,000,000 $2,000,000– 20% 20% 9% 28% 11% $4,000,000 $4,000,000– 17% 1% 9% 3% 2% $6,000,000 $6,000,000+ 5% 1% 2% 2% 2% Heavy-duty repair shop software fullbay.com
14 | Fullbay: State of Heavy-Duty Repair SHOP NET PROFIT The net profit in repair shops across the country falls between 5-20%. That does, however, leave out the 20% of shops that aren’t sure what their net profit is. Net loss 2% 0%–5% 8% 6%–10% 23% 11%–20% 30% 21%–30% 11% 30%+ 6% I don’t know 20% FULLBAY BEST PRACTICE: NET PROFIT What is your net profit? It’s whatever is left over after covering labor, parts, and overhead costs. It’s also what keeps you in business; without profit, your shop will only break even, if that. Without profit, you don’t have a business. Here’s an easy way to determine your shop’s net profit: • 20% of sales goes to labor • 25% of sales goes to parts • 30% of sales goes to overheard • That leaves 25% of your earnings as profit Heavy-duty repair shop software fullbay.com
15 | Fullbay: State of Heavy-Duty Repair NUMBER OF BAYS IN YOUR SHOP RP 510A: The vast majority of shops (67%) has between 2–10 bays ESTIMATING on their property. This does not include the biggest shops NUMBER OF out there (about 17%) which have more than 10 bays. SERVICE BAYS 0–2 10% Estimate how many service bays you’ll need! 3–5 34% Our friends at TMC/ATA have a methodology 6–10 33% that will help you. READ MORE 10+ 17% No bays, mobile only 6% RP 512A: TECHNICIAN STAFFING NUMBER OF TECHNICIANS PER SHOP DETERMINATION The vast majority of shops – 73%! – employ between 2–10 techs. Proper staff-to-bay ratio is crucial to a 1 8% successful shop. 2–5 37% Our partners at TMC/ ATA have worksheets to help you determine 6–10 36% your staffing levels. 11–15 12% READ MORE 16–20 4% Not a TMC member? 20+ 3% Join today with a special discount JOIN TODAY Heavy-duty repair shop software fullbay.com
16 | Fullbay: State of Heavy-Duty Repair SHOP LOCATIONS BY REGION The Midwest has the largest presence of shops throughout North America. WA ME MT ND VT OR MN NH ID SD WI NY MA RI CT WY MI IA PA NV NE NJ OH MD IL IN DC DE UT CA CO KS MO WV VA KY NC TN AZ OK NM AR SC AK AL GA MS TX LA FL HI 14% 29% 17% 12% 19% 9% West Midwest Northeast Southwest Southeast Canada WA WA ME MT ND VT ME OR MT MN ND NH ID VT OR SD WI NY MA MN RI CT NH WY ID MI SD WI NY MA RI IA PA CT WY MI NV NE NJ WA OH MD IN DC DE IA PA UT IL NV NE NJ CA ME CO OH MD MT ND IL IN DC DE KS UT WA CA MO VT CO WV OR VA MN KS NH ME MO ID MT KY WV ND SD WI WA NY MA VA RI VT NC OR CT WY TN KY MI MN NH ME MT AZ OK ID ND NC IA PA WI NY MA NM AR SC SD TN NV NE NJ RI VT OR CT AZ OK WY OH MD MI MN AK IL IN DC DE NH NM AL GA AR SC UT ID MS CA PA WI NY MA CO IA SD AK NE RI GA NV NJ CT AL KS MO WY MD MI TX LA MS OH WV IL IN DC DE UT VA CA IA PA CO TX LA KY NV NE FL NJ KS MO OH MD NC WV IL IN DC DE UT HI FL TN CA VA CO AZ OK KY NM AR SC KS MO HI NC WV AK VA TN AL GA AZ MS OK KY NM AR SC NC AK TX LA TN AZ AL GA MS OK NM AR SC FL AKTX LA AL GA HI MS FL TX LA HI FL HI Heavy-duty repair shop software fullbay.com
17 | Fullbay: State of Heavy-Duty Repair WHICH INDUSTRIES DO YOU REPAIR FOR? While 75% of repair shops primarily focus on trucks, a sizable portion see vehicles from other industries. These include heavy equipment like forklifts (52%), as well as agricultural vehicles like harvesters and tractors (34%). Nearly 30% work on fire/emergency vehicles, with smaller percentages taking care of municipal vehicles, military equipment, and even marine vessels. Selected all that apply Truck 75% Private Fleet 54% Heavy Equipment (Forklifts, etc) 52% Moving 36% Agriculture 34% Municipal 32% Fire/Emergency 29% Grocery 28% Oil & Gas 24% Military 12% Marine 9% Dealership 9% Other 8% Heavy-duty repair shop software fullbay.com
18 | Fullbay: State of Heavy-Duty Repair TOP 5 INDUSTRIES BY REGION Every region has an emphasis on truck repair, private fleets, and repair of heavy equipment. The Midwest, saw a bigger presence in agriculture than other territories as that’s where a lot of the U.S. food supply comes from. West Midwest Northeast Southwest Southeast Canada WA WA ME MT ND VT ME OR MT MN ND NH ID VT OR SD WI NY MA MN RI CT NH WY ID MI SD WI NY MA RI IA PA CT WY MI NV NE NJ WA OH MD IN DC DE IA PA UT IL NV NE NJ CA ME CO OH MD MT ND IL IN DC DE KS UT WA CA MO VT CO WV OR VA MN KS NH ME MO ID MT KY WV ND SD WI WA NY MA VA RI VT NC OR CT WY TN KY MI MN NH ME MT AZ OK ID ND NC IA PA WI NY MA NM AR SC SD TN NV NE NJ RI VT OR CT AZ OK WY OH MD MI MN AK IL IN DC DE NH NM AL GA AR SC UT ID MS CA PA WI NY MA CO IA SD AK NE RI GA NV NJ CT AL KS MO WY MD MI TX LA MS OH WV IL IN DC DE UT VA CA IA PA CO TX LA KY NV NE FL NJ KS MO OH MD NC WV IL IN DC DE UT HI FL TN CA VA CO AZ OK KY NM AR SC KS MO HI NC WV AK VA TN AL GA AZ MS OK KY NM AR SC NC AK TX LA TN AZ AL GA MS OK NM AR SC FL AKTX LA AL GA HI MS FL TX LA 1. Trucking 1. Trucking 1. Trucking 1. Trucking 1. Trucking 1. Trucking HI FL HI 2. Private 2. Private 2. Heavy 2. Private 2. Private 2. Heavy Fleet Fleet Equipment Fleet Fleet Equipment 3. Heavy 3. Heavy 3. Private 3. Heavy 3. Heavy 3. Private Equipment Equipment Fleet Equipment Equipment Fleet 4. Moving 4. Agriculture 4. Municipal 4. Moving 4. Moving 4. Agriculture 5. Oil & Gas 5. Moving 5. Fire & 5. Fire & 5. Fire & 5. Municipal Emergency Emergency Emergency WA ME MT ND VT OR MN NH ID SD WI NY MA RI CT WY MI IA PA NV NE NJ OH MD IL IN DC DE UT CA CO KS MO WV VA KY NC TN AZ OK NM AR SC AK AL GA MS TX LA FL HI Heavy-duty repair shop software fullbay.com
19 | Fullbay: State of Heavy-Duty Repair Diving into repairs “In response to datapoint on 16% of repair requests being emergency-related: Unplanned repairs are historically more costly to the end Shops repair many types of user than scheduled repairs, making solid units and offer a wide variety of preventative programs critical to effective services across the industry. fleet management. FleetNet’s TMcare program has proven to reduce unscheduled • Half of shops provide 24/7 repair repairs, and, thus, overall fleet maintenance • Body work looks to be a costs. Fully engaged service providers are also key to influencing these programs.” specialty repair service • A surprising number of shops DON DOTY also repair Class 1-3 vehicles Vice President of Roadside Operations, Vendor Relations FleetNet America®, Inc. Heavy-duty repair shop software fullbay.com
20 | Fullbay: State of Heavy-Duty Repair SERVICES REPAIR SHOPS PROVIDE TODAY Over 80% of shops perform mobile repairs for their customers in addition to 54% of shops providing repair work 24/7. This signifies huge growth in the mobile tech field; many shops at least have a mobile truck they can dispatch, even if mobile-only techs are still relatively rare. In-shop Repair 92% Mobile Repair 84% RP 803A: PRE-SERVICE VEHICLE INSPECTION 24/7 Repair 54% Make sure your pre-service inspection includes Body Work 28% standard equipment. Tires 39% Check in with TMC/ATA to see their useful list. Other 6% READ MORE FULLBAY BEST PRACTICE: EMERGENCY BREAKDOWN REVENUE When a truck breaks down on the side of the road, time is of the essence. That driver still has to deliver the freight, which means they need to get back on the road ASAP. Whoever they’re driving for is likely willing to pay a premium to get that truck moving again. Signing up for an emergency breakdown notification service means you’re on the list of shops that get called when a truck needs immediate help. If you develop that particular service – perhaps by developing a mobile repair section – you can create an additional revenue stream. Not a TMC member? Join today with a special discount Heavy-duty repair shop software fullbay.com
21 | Fullbay: State of Heavy-Duty Repair TYPES OF VEHICLES SERVICED Half of all the shops across the country work on all classes of vehicle from 1–8. More than half (57%) also work on trailers. An additional 43% work on off-road vehicles, while 28% repair agricultural equipment. Selected all that apply Class 6–8 85% Class 4–5 72% Class 1–3 55% Off road 43% Agricultural equipment 28% Trailers 57% None of the above .4% Other 8% WHAT PERCENTAGE OF SHOPS REPAIR ALL CLASS TYPES? About 56% of all shops repair Class 1–3 vehicles on top of the heavier classes. Heavy-duty repair shop software fullbay.com
22 | Fullbay: State of Heavy-Duty Repair Shop talk “The poll results all have one commonality: technicians. Technicians are both the boon and the bane of our industry. A good technician can bring a shop with poor Let’s take a moment to recognize business practices into the green and a bad technician can take a company with good/ how shop owners are feeling. Are great business practices and drive it into the they meeting their goals? Do they ground. It doesn’t surprise me that they are have trouble hiring technicians? the top of the lists and that keeping the good ones happy with recognition tops out as well. • Individual recognition may be Good people/techs care about the company. the key to technician motivation They don’t need to be showered with gifts; • Hiring technicians isn’t the only individual recognition goes a long way. Good technicians are the heart and soul of our challenge shops are facing industry. They make getting up in the morning • Repair software is key and coming to work all that much easier.” to shop growth KEITH MCMASTER President Fireweed Heavy Truck & Equipment Repairs Ltd. Heavy-duty repair shop software fullbay.com
23 | Fullbay: State of Heavy-Duty Repair TOP 3 SHOP CHALLENGES We’ve talked a lot about the tech shortage, and not surprisingly, hiring techs is the #1 challenge faced by 60% of all shops. From there, 45% deal with inefficiencies in repairs, while 30% face trouble with inventory management. Other problems shops run into include customer communication, internal communication, and managing repairs, among other things. Selected all that apply Hiring techs 60% Inefficiencies in repairs 45% Inventory management 30% Customer communication 27% Internal communication 26% Managing repairs 17% Enough work to keep techs busy 16% Generating invoices 13% Managing paper invoices and records 11% Other 8% Heavy-duty repair shop software fullbay.com
24 | Fullbay: State of Heavy-Duty Repair FULLBAY BEST PRACTICE: THREE TIPS FOR GREAT TECHS It’s an employee’s market out there; the current shortage means techs can pick and choose which shops (if any) are right for them. That means your shop has a lot of competition; if you make an offer, you can assume most decent techs will have at least a dozen additional offers by the end of the week. That means you need to make your shop an appealing place to work. Here are three best practices that will help you do just that: 1. Write clear, straightforward job posts that explain what your shop is and what you expect of a potential hire. 2. Communicate with your techs. Let them know, regularly, what they’re doing well and where they can improve. 3. Create the kind of workplace techs will be happy to call their own. Do you keep snacks on hand? Is your shop air conditioned? Do you provide bonuses? Think of the things that would make you want to go into work each day and apply them to your shop. Heavy-duty repair shop software fullbay.com
25 | Fullbay: State of Heavy-Duty Repair ARE YOU SATISFIED WITH YOUR GOALS? Only about half of the nation’s repair shops are fully satisfied with their financial goals. Twenty-two percent are “Not totally sure.” This is likely related to a large percentage of shops not knowing their net profit and thus not being able to set proper goals. 52% 26% 22% Yes No Not totally sure PRIORITIZING SHOP GROWTH RP 538A: Not surprisingly, the vast majority of shops ranked “More technicians” QUALITY SHOP as the #1 most critical component to expanding their business. PROCESS Next up was using repair software, followed by expanding into IMPROVEMENT mobile repair (or expanding their existing mobile arm). Create processes that More technicians #1 help you measure shop efficiency and productivity. Repair software #2 You can find outlines, worksheets, and more with Mobile repair #3 our friends at TMC/ATA. READ MORE More tools #4 Larger parts inventory #5 More locations #6 Not a TMC member? Join today with a special discount Heavy-duty repair shop software fullbay.com
26 | Fullbay: State of Heavy-Duty Repair KEEPING TECHNICIANS MOTIVATED RP 519: Just over half of all shops (53%) focus intently on RECOMMENDATIONS individual recognition (Employee of the Week, etc). FOR EMPLOYEE Another 47% throw efficiency bonuses into the mix. PERFORMANCE Other ways shops motivate their techs include providing lunches, EVALUATION gifts, annual group bonuses, and extra vacation days. PROGRAM Regularly assess your Selected all that apply staff to ensure the right people are in the roles Individual recognition 53% you’ve assigned them. Efficiency bonuses 47% You can learn more about evaluating your crew from TMC/ATA. Lunch provided 42% READ MORE Gifts 30% Annual group bonus 26% Extra vacation days 21% Technician lounge 21% Other 13% Nothing additional 8% Not a TMC member? Join today with a special discount Heavy-duty repair shop software fullbay.com
27 | Fullbay: State of Heavy-Duty Repair FULLBAY BEST PRACTICE: TECH MOTIVATION Getting jobs done and keeping customers happy both rely on efficient, productive techs. Buying cutting-edge equipment, automating, and putting procedures in place so your shop can run like a well-oiled machine is important, but don’t forget the human element. Here are our top five ways to motivate your technicians (beyond just money): 1. Make them comfortable. When they’re at ease in their environment, they can focus completely on a job. 2. Show gratitude. This seems small, but two short words can go a long way to motivate people. Say “Thank you,” and get in the habit of doing it a lot. 3. Keep an open-door policy. If your techs know they can come to you with problems (and that you’ll help them solve those problems), they’ll be all the more driven to do good work. 4. Expect them to deliver. Set the bar high from the get-go. This lets your techs know you expect great things from them – and you believe they can deliver those great things. 5. Handle mistakes gracefully. Rather than losing your temper over the mishap and shaming the responsible tech, make it a teachable moment. Analyze what went wrong and why it happened. Heavy-duty repair shop software fullbay.com
28 | Fullbay: State of Heavy-Duty Repair GREATEST TECHNICIAN CHALLENGES The toughest problem shop owners have with techs is the one we’ve talked about for years – finding them! Seventy-two percent of shops state that locating techs is their biggest problem – but right behind it, at 59%, is finding techs with the correct skills. This backs our belief that training schools are not equipping what upcoming diesel techs they have with the skills shops want. Other tough spots with techs include salary demands and undependability. Selected all that apply Difficult to find technicians 72% Lack of skills 59% Undependable 37% Salary demands 31% Do not fit into company culture 18% Lack of work to keep them satisfied 7% Other 7% None 6% Heavy-duty repair shop software fullbay.com
29 | Fullbay: State of Heavy-Duty Repair MONTHLY REVENUE GENERATED PER TECH Just over half of all techs can generate anywhere between $10,000-$20,000 per month in revenue for their shop. A further 12% are bringing in $30,000+ per month. $0–$5,000 7% $6,000–$10,000 10% $11,000–$15,000 26% $16,000–$20,000 19% $21,000–$25,000 13% $26,000–$30,000 14% $30,000+ 12% DO YOU PROVIDE TOOLS FOR NEW TECHS? Just under half of the country’s repair shops provide tools for new hires. We can get a little more granular; 32% provide some tools, whereas 18% provide everything a tech will need. Over 50% of shops require technicians to provide their own tools. 51% 32% 18% Technicians Technicians are Technicians are provide their provided with provided with own tools limited tools all the tools they need Heavy-duty repair shop software fullbay.com
30 | Fullbay: State of Heavy-Duty Repair COVID-19 impact Heavy-duty truck repair felt the “COVID for us was a wake-up call to do the hard things we needed to do and had been impact from COVID-19, but not avoiding. We had a brief dip in revenue, and everyone was impacted equally. afterward our numbers actually climbed above pre-COVID numbers. During the dip • Generally, heavy-duty truck in revenue, we restructured, trained, added repair saw a decrease in procedures, and opened our school. Our team revenue across shops members could feel what we were doing and contributed at never before seen levels in our • Shops in the Southwest organization. We are coming out of COVID fared worse than other with a strong, dedicated, and heroic team. There are a lot of heroes in this building.” regions during COVID-19 • Shops that specialize in STACY & BEN military vehicle repair saw Co-Owners Equipment Experts, Inc the biggest drop in revenue Heavy-duty repair shop software fullbay.com
31 | Fullbay: State of Heavy-Duty Repair HOW DID COVID-19 IMPACT YOUR REVENUE? More than half of shops reported a decrease in revenue from the WA ME MT pandemic, but perhaps more surprising was the 43% that saw ND VT OR MN NH ID SD WI NY MA RI CT WY MI flat or increased revenue. IA PA NV NE NJ OH MD IL IN DC DE UT CA CO KS MO WV VA KY NC TN AZ OK NM AR SC AK AL GA MS TX LA FL HI 54% 28% 15% 3% *All of our findings are based on revenue earned Decrease in About the Increase in I’m not sure in 2019. revenue same revenue YEAR-OVER-YEAR REVENUE GAINS AND LOSSES Overall, shops across the country saw an early decline between March and May. By June, however, revenue began to pick up. 30% *All of our findings are based on 20% revenue earned 10% in 2019. 0% -10% -20% -30% -40% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 5% -1% -10% -17% -22% -4% -3% -7% 1% -2% -2% 7% Heavy-duty repair shop software fullbay.com
32 | Fullbay: State of Heavy-Duty Repair YEAR-OVER-YEAR REVENUE GAINS AND LOSSES West IN THE WEST WA ME MT ND VT OR MN NH ID SD WI NY MA RI CT WY MI IA PA Shops in the Western United States registered a steep drop-off in March, NV NE NJ OH MD IL IN DC DE UT CA CO KS MO WV VA KY but had bypassed 2019’s earnings by the end of December. NC TN AZ OK NM AR SC AK AL GA MS TX LA FL HI 30% *All of our findings are based on 20% revenue earned 10% in 2019. 0% -10% -20% -30% -40% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2% 3% 6% -15% -15% -5% -7% -18% -3% 2% -3% 4% YEAR-OVER-YEAR REVENUE GAINS AND LOSSES Midwest IN THE MIDWEST OR WA MT ND MN VT NH ME ID SD WI NY MA Midwestern shops began seeing trouble as early as January, RI CT WY MI IA PA NV NE NJ OH MD IL IN DC DE UT CA CO KS though that may not be entirely related to COVID-19. By June MO WV VA KY NC TN AZ OK NM AR SC they were meeting or exceeding 2019’s revenue totals. AK AL GA MS TX LA FL HI 30% *All of our findings are based on 20% revenue earned 10% in 2019. 0% -10% -20% -30% -40% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 13% -4% -15% -16% -21% 3% 4% 0% 7% -1% 7% 12% Heavy-duty repair shop software fullbay.com
33 | Fullbay: State of Heavy-Duty Repair YEAR-OVER-YEAR REVENUE GAINS AND LOSSES Northeast IN THE NORTHEAST WA ME MT ND Northeastern shops reported business steadying out by mid- VT OR MN NH ID SD WI NY MA RI CT WY MI IA PA NV NE NJ summer. Most saw steady increases through December. OH MD IL IN DC DE UT CA CO KS MO WV VA KY NC TN AZ OK NM AR SC AK AL GA MS 30% TX LA *All of our findings FL HI are based on 20% revenue earned 10% in 2019. 0% -10% -20% -30% -40% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 24% 1% 8% -12% -25% -14% -13% -1% -11% -4% -15% 4% YEAR-OVER-YEAR REVENUE GAINS AND LOSSES Southwest WA ME MT ND VT OR MN NH ID SD WI NY MA RI CT WY IN THE SOUTHWEST MI IA PA NV NE NJ OH MD IL IN DC DE UT CA CO KS MO WV VA KY NC TN AZ OK NM AR SC The Southwest was hit especially hard during the pandemic, with AK AL GA MS TX LA FL revenue dropping by 34% in May. It took the rest of the year to return to HI 2019’s revenue, though by December they were exceeding it. 30% *All of our findings are based on 20% revenue earned 10% in 2019. 0% -10% -20% -30% -40% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec -3% -9% -25% -30% -34% -10% -15% -18% -4% -7% -17% 3% Heavy-duty repair shop software fullbay.com
34 | Fullbay: State of Heavy-Duty Repair YEAR-OVER-YEAR REVENUE GAINS AND LOSSES OR WA ID MT ND Southeast MN VT NH ME IN THE SOUTHEAST SD WI NY MA RI CT WY MI IA PA NV NE NJ OH MD IL IN DC DE UT CA CO KS MO WV VA KY NC Shops in the Southeast saw their hardest hit come in April, where TN AZ OK NM AR SC AK AL GA MS TX LA revenue dipped 21%. Business picked up again after that, though like FL HI the Southwest it took the rest of the year to reach 2019 levels. 30% *All of our findings are based on 20% revenue earned 10% in 2019. 0% -10% -20% -30% -40% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 1% -1% -7% -21% -18% -6% -4% -7% 8% -1% -1% 7% YEAR-OVER-YEAR REVENUE GAINS AND LOSSES Canada IN CANADA Canada saw a sharp uptick in repair revenue in February, only to steadily slide below 2019’s revenue level through May. By summer they had recovered, and revenue remained largely at or above 2019’s baseline through the end of 2020. 30% *All of our findings are based on 20% revenue earned 10% in 2019. 0% -10% -20% -30% -40% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec -8% 13% -4% -5% -22% -1% 13% 5% -7% -8% 0% 6% Heavy-duty repair shop software fullbay.com
35 | Fullbay: State of Heavy-Duty Repair WHAT INDUSTRIES SAW THE BIGGEST INCREASE/DECREASE IN REVENUE? The industries that were hit hardest by COVID-19 included the moving, military, and oil/gas industries. Grocery Moving Heavy Equipment Marine Municipal Military (forklifts, etc) Increase 18% Increase 9% Increase 13% Increase 26% Increase 16% Increase 20% Decrease 52% Decrease 66% Decrease 56% Decrease 55% Decrease 53% Decrease 71% No 30% No 25% No 31% No 19% No 31% No 9% Impact Impact Impact Impact Impact Impact Agriculture Fire/Emergency Trucking Private Fleet Oil & Gas Dealership Increase 16% Increase 23% Increase 15% Increase 14% Increase 11% Increase 20% Decrease 53% Decrease 52% Decrease 56% Decrease 55% Decrease 62% Decrease 48% No 31% No 25% No 29% No 28% No 27% No 32% Impact Impact Impact Impact Impact Impact Heavy-duty repair shop software fullbay.com
36 | Fullbay: State of Heavy-Duty Repair COVID-19 BROUGHT NEW SHOP REQUIREMENTS Almost half of all shops (about 49%) now require masks in their shop. An increase in sanitation for tools and in the office has become the norm for many, with 61% of shops focusing on creating a more sanitized environment. Technician rotation groups have become popular. If one tech gets ill, the entire shop doesn’t close down. Instead, that particular group is quarantined while the others continue to work. Increased sanitation on tools and in office 61% Required masks 49% Required gloves 32% Required temperature checks 22% None 24% I am not sure 2% Other 6% Heavy-duty repair shop software fullbay.com
37 | Fullbay: State of Heavy-Duty Repair Inventory Management Inventory management is an art and a science. From managing “It is surprising to me how many shops cores to cycle counting, shops never count their inventories or do their seem to be on top of it. counts so infrequently that problems become difficult to track down.” • Ordering parts as needed remains key instead of TROY WILLICH CEO & Co-Founder risking carrying costs TDI Fleet Services • Most shops perform inventory counts regularly Heavy-duty repair shop software fullbay.com
38 | Fullbay: State of Heavy-Duty Repair PERFORMING INVENTORY COUNTS The good news is more than half of all shops are performing inventory counts. The bad news is only one-fifth are performing them annually. Monthly 24% Annually 20% Weekly 18% Quarterly 17% Never 16% Daily 5% FULLBAY BEST PRACTICE: INVENTORY COUNTS Have you ever sold a part to a customer and gone to fetch it, only to realize you don’t actually have it? Or worse, have you ever realized you paid a vendor for parts that you forgot to enter into your inventory? You want to know what’s in your inventory at any given time. Here are three ways to make sure of that: • Use purchase orders to make sure the contents on the vendor’s bill match what was ordered. • Regularly reconcile your inventory to stay updated on what you have in stock and what you need to get. • Perform a three-way match by ensuring your purchase order, the vendor’s invoice, and the parts themselves match what you ordered. Heavy-duty repair shop software fullbay.com
39 | Fullbay: State of Heavy-Duty Repair ACTIVELY MANAGING YOUR CORES We’re very pleased that over a quarter of the nation’s shops are regularly managing cores. About 12% manage them occasionally, and only 11% leave that revenue on the table. 77% 11% 12% Yes No Occasionally FULLBAY BEST PRACTICE: CORE MANAGEMENT Tracking core parts and returning them to manufacturers for refurbishing is an excellent way to secure more revenue. Manufacturers will often pay a sizable bounty for returned parts; if you ignore this type of business, you’re leaving revenue on the floor (literally). If you’re part of the 11% who aren’t tracking their cores, here are five easy steps to get started: 1. Determine which parts you want to track 4. Return them on time Certain parts will be of greater value The longer you keep the dirty cores just to you than others, based on the lying around, the more their value may bounty they fetch, how frequently drop, and besides, that’s just money you see them, and what you pay your sitting in your parts room. Set up a regular technicians, among other things. schedule for returning parts and stick to it. 2. Determine how to track them 5. Remind your employees there’s money in it You can do this the old-fashioned If your techs don’t immediately recognize way with pen and paper, or jump into old cores as potential income, it’s up some spreadsheets, or find some to you to change their thinking. A lot of software that will do it for you. this new line of business is up to them; they’re the ones taking out the core parts 3. Find a place for them and storing them/logging them in. Cores need their own visible, secured area. This is often in the parts room, where the parts manager can count and control them. In the parts room they enjoy the same physical protections against theft as the rest of the parts. Heavy-duty repair shop software fullbay.com
40 | Fullbay: State of Heavy-Duty Repair PERCENTAGE OF PARTS ORDERED VS. INVENTORY Many shops rely on parts ordering vs. storing parts. Only about one-fifth of shops keep more than 50% of necessary inventory on-hand at all times; over three-quarters of shops keep less than 50% of their parts on hand. 0%–25% of the parts needed are in inventory 42% 25%–50% of the parts needed are in inventory 35% 50%–75% of the parts needed are in inventory 20% 75%–100% of the parts needed are in inventory 3% FULLBAY BEST PRACTICE: WHAT ARE YOUR CARRYING COSTS? If you’re keeping stock on hand, it’s costing you more than what you paid for it. Generally, inventory carrying costs tend to run about 20% of the value. That may seem a little high, but consider all the factors that affect how much it costs to keep parts on hand: • Space. The space those parts sit in costs money. Plus, you might be keeping parts in a space that could make money, like adding another bay. • Cash Flow. Buying inventory takes money out of your bank account, so you have fewer liquid funds to cover expenses and emergencies. • Damage, Obsolescence, Shrinkage, Theft. Parts get damaged, become outdated, misplaced, and outright disappear. For example, if you have $100,000 of parts on your shelves, it’s costing you $20,000 each year to carry it. If you’re looking at numbers like these, you might want to reduce your overall inventory and focus on ordering what you need, when you need it. Heavy-duty repair shop software fullbay.com
41 | Fullbay: State of Heavy-Duty Repair Technicians Finding technicians and helping them reach the top of their “Technicians are the lifeblood of your shop. game can be challenging It’s essential that you track their efficiency to • More than 50% of shops agree make sure you’re maximizing profits. Being transparent with tech efficiencies is also a on a technician hourly rate great way to encourage healthy competition.” • Some techs don’t know how CHRIS O’BRIEN efficient their colleagues are Chief Operating Officer • A sizable number of shops Fullbay don’t believe techs should know their numbers Heavy-duty repair shop software fullbay.com
42 | Fullbay: State of Heavy-Duty Repair DO YOU KNOW WHAT YOUR TECH EFFICIENCY IS? About 75% of repair shops know how efficient their technicians are. That leaves 25% who don’t know. 75% 11% 14% Yes No Not sure FULLBAY BEST PRACTICE: HOW TO MEASURE & BOOST TECH EFFICIENCY You measure efficiency by comparing the number of hours your techs work to the number of hours you bill customers. In any given week, let’s say you pay a tech to work 40 hours, but you’re only billing customers for 30 hours of work. Divide those numbers – 30 by 40 – and you’ll see that your tech is only 75 percent efficient. That’s, what, about a C average? Not awful, not great. There’s room to improve. If you’re paying a tech to work 40 hours, you should absolutely be billing for 40 hours on customer invoices. But that’s just your break- even. Maximizing efficiency looks like billing 60 hours or more for 40 hours of work, which calculates out to 150 percent efficiency. Most of the time, it’s about getting more jobs done in a short space of time. Techs should have multiple jobs going at once, like dropping the oil on one truck while replacing the starter on another. Clocking in on two jobs at once allows you to invoice two jobs for the same one or two hours worked. Heavy-duty repair shop software fullbay.com
43 | Fullbay: State of Heavy-Duty Repair DO YOUR TECHNICIANS KNOW WHAT THEIR EFFICIENCIES ARE? Fully 66% of technicians know their efficiency. That leaves 34% who don’t know. We do wonder why some techs may not be aware of how they’re doing. Generally, we’ve found that when techs know their own numbers, they tend to contribute to a more productive and profitable shop. 66% 24% 10% Yes No Not sure Heavy-duty repair shop software fullbay.com
44 | Fullbay: State of Heavy-Duty Repair DO TECHNICIANS KNOW EACH OTHER’S EFFICIENCIES? Nearly half of all technicians did not know each other’s efficiencies. Still, a good 41% were aware of their fellow techs’ numbers. 41% 44% 15% Yes No Not sure FULLBAY BEST PRACTICE: BOOST EFFICIENCY WITH FRIENDLY COMPETITION Techs tend to pick up their game when someone is keeping score. When you track your techs’ efficiencies, you can show them in real- time how they’re doing and how they stack up to their cohorts. You can do this by setting up a leaderboard – yes, just like you see at sports events – that shows how many jobs a tech has worked that day, week, or month, along with how efficient they are. From there, you distribute work based on how much work they get done. If the tech in first place is scoring all the high-dollar jobs, the tech in third place will want a piece of that and will look for ways to improve their own output. Just remember to keep it friendly. There’s no need to get cutthroat; there is plenty of work for all! Heavy-duty repair shop software fullbay.com
45 | Fullbay: State of Heavy-Duty Repair TECHNICIAN HOURLY RATES More than half of technicians (54%) make between $20–$30 per hour. A small subsection (3%) makes $50+ per hour, while an even smaller subsection (just over 1%) brings in $15 or less per hour. $0–$15 1% $16–$20 13% $21–$30 54% $31–$40 25% $41–$50 4% $50+ 3% Heavy-duty repair shop software fullbay.com
46 | Fullbay: State of Heavy-Duty Repair Tech hiring and shortage The technician shortage continues “Based on the results from the survey, it’s evident that finding technicians in the coming to be a problem across the years is not going to get easier. There needs industry; it doesn’t seem to be to be a paradigm shift from assuming that going away anytime soon. techs want to work for your shop to a mindset that you will need to market to techs as you • Most shops think it’s getting would a customer. The current market for harder to hire technicians technicians gives every tech multiple options for jobs. It makes the market extremely • Word of mouth seems to be the competitive and even more important that most effective way to hire techs you understand the need to appeal to techs.” • Despite the struggles, JAY GONINEN shops are aggressively Founder and President Find A Wrench trying to hire technicians Heavy-duty repair shop software fullbay.com
47 | Fullbay: State of Heavy-Duty Repair THE TROUBLE WITH FINDING TECHS It is getting more difficult overall to find new techs. Forty percent of shops are finding it much, much more difficult to locate new techs now as opposed to five years ago. At least a handful of shops have found it easier to hire techs in the last few years, although they remain in the minority; only 15% seem to have no trouble. Much more difficult 40% Slightly more difficult 19% Neutral 26% Somewhat easier 15% Heavy-duty repair shop software fullbay.com
48 | Fullbay: State of Heavy-Duty Repair TECHNICIAN HIRING METHODS RP 516A: Most shops locate new techs via word of mouth (74%) or by posting TECHNICIAN on job boards (58%). From there, it’s a steep drop to grabbing techs TRAINING fresh out of trade schools (33%) and apprenticeships (31%). Providing additional Selected all that apply training to your staff makes them more Referrals/Word of mouth 74% productive and valuable to your shop. Job board posts 58% Review guidelines and tips regarding this Trade schools 33% extra education from the experts at Apprenticeship (limited knowledge) 31% TMC/ATA. READ MORE In-shop training 26% Family 19% Other 9% Not a TMC member? Join today with a special discount Heavy-duty repair shop software fullbay.com
49 | Fullbay: State of Heavy-Duty Repair NUMBER OF TECHNICIANS YOU PLAN ON HIRING Almost every shop out there plans to hire at least one person in 2021. Over 60% want to hire 1–3 techs; just over 20% will be looking to hire 4–5. 0 9% 1–3 61% 4–5 20% 6–10 7% 10+ 3% Heavy-duty repair shop software fullbay.com
50 | Fullbay: State of Heavy-Duty Repair Shop technology and software Software can make or break “As the survey results denote, having an All- Makes Labor Time Guide provides key benefits a shop. From labor guides to for shops. Here are a few: a) you may measure accounting, discover the software your technicians against an industry standard needs of heavy-duty repair. to develop performance-based pay or b) provide customers consistent Labor Times • QuickBooks is popular applied to job estimates to avoid variations accounting software for servicing customers and c) having labor operations derived from vehicle manufacturer throughout the industry repair procedures and not based on OE • The emergency repair industry warranty, which may not be ‘real world.’” uses several types of software • More and more technicians are PAUL MOSZAK Vice President & using technology like tablets, Heavy Duty Evangelist MOTOR Information Systems phones, and diagnostic software Heavy-duty repair shop software fullbay.com
51 | Fullbay: State of Heavy-Duty Repair LABOR GUIDES POWERING SHOPS RP 804A: Nearly 34% of shops are using Mitchell 1. About LABOR 25% are using FleetCross by MOTOR. Twenty- PRODUCTIVITY one percent of shops aren’t using anything. Measure productivity to Mitchell1 34% ensure your techs continue to be high performers. FleetCross by MOTOR 25% TMC and ATA share some None 21% guidelines here. READ MORE Other 19% Not a TMC member? Join today with a special discount Heavy-duty repair shop software fullbay.com
52 | Fullbay: State of Heavy-Duty Repair FULLBAY BEST PRACTICE: SET YOUR LABOR RATE Choosing the right labor rate can make or break your business in the long run. Whether you set your own or follow the suggested rates from your favorite labor guide, having consistent rates instills confidence in your customers and makes it easy for you to create estimates. If you opt to set your own rates, keep the following in mind: 1. Good customers are looking for quality, speed, and little hassle. Price is also in the mix, but it’s usually not the main driver. Ultimately these customers want to eliminate unscheduled downtime. Going for the cheapest rate usually will not get them there, and they understand that. Don’t sell yourself short. 2. Never give something for nothing. If someone doesn’t want to pay the full rate but you want to maintain them as a customer, offer up options that will give you value in return. One example is to give a lower labor rate in exchange for the customer allowing you to proactively track a list of PMs they will pre-authorize you to do. They are exchanging a lower price for trust in you to do their PMs. 3. Back into the rates you need. Add up your total cost of labor and back into your minimum labor rate. For example, if your technicians earn $20/hour and as a group bill 200 hours/ week, your wages for the week will be $4,000. Add in the yearly cost of your service manager and parts manager at $52,000 each, and you’re up to $6,000. Finally, add in taxes and benefits (let’s assume 20%) and you land at $7,200 a week. That’s a total cost of $36/hour. To get a 50% profit on labor, you would need to charge customers at least $72/hour. Heavy-duty repair shop software fullbay.com
53 | Fullbay: State of Heavy-Duty Repair TECHNOLOGY TECHNICIANS LEVERAGE “IN-BAY” Over 70% of shops have their techs using phones, tablets, laptops, and diagnostic software to help them complete their repairs. Desktops, perhaps not surprisingly, have fallen out of favor as smaller, more portable machines have improved; only 44% mentioned them at all. Anecdotally we’ve seen the industry lag behind in migrating from pen and paper to digital — and there’s still a long way to go, but this data suggests progress. Selected all that apply Phones 73% Laptops 72% Tablets 72% Diagnostic software 70% Desktops 44% Mobile card reader 15% None 1% Heavy-duty repair shop software fullbay.com
54 | Fullbay: State of Heavy-Duty Repair CHOOSE YOUR ACCOUNTING SOFTWARE Eighty percent of our respondents are using QuickBooks – not surprising, considering its reputation and market presence. Other choices included Microsoft Dynamics and SAP (both at about 2%); Sage (5%); and Simply Accounting (less than 1%). QuickBooks 78.4% Microsoft Dynamics (Great Plains) 2% Sage 5% SAP 2% Oracle .4% Simply Accounting .8% AccPac .4% Mas90 0% Peachtree 0% DacEasy 0% I don’t use any accounting software 5% Other 6% Heavy-duty repair shop software fullbay.com
55 | Fullbay: State of Heavy-Duty Repair SHOPS LEVERAGE EMERGENCY BREAKDOWN SERVICES About 38% of shops are using FleetNet America for their emergency breakdown service. Somewhat surprisingly, nearly 36% aren’t using a service at all – potentially missing out on a lot of revenue. Conversely, a number of shops are using multiple services. From there, 33% of respondents are using ARI Fleet, 30% National Truck & Trailer, and 28% Truck Down. Selected all that apply FleetNet America® 38% We’re not using any 36% ARI Fleet 33% National Truck & Trailer Services (NTTS) 30% Truck Down 28% Donlen 13% USA Breakdown 11% Decisiv 11% 4 Road Service 8% Other 7% Find Truck Service 4% Heavy-duty repair shop software fullbay.com
56 | Fullbay: State of Heavy-Duty Repair “Fullbay is in a unique position to give an unprecedented look at the state of the heavy-duty repair industry. Our innovative platform holds the largest collection of real-time repair information in North America. We hope this report becomes an annual tradition that JACOB FINDLAY benefits not only repair shops with higher profits and Founder and fleets with lower costs, but also the general public, who Chief Executive Officer share the roads with the equipment we’re entrusted Fullbay with. At Fullbay, we believe the better we all maintain and operate this equipment, the safer the roads will be for the most precious cargo of all: our families.” A special thank you to our partner To access the ENTIRE TMC Recommended Practices Manual Collection, click here and log in with your TMC Single Sign-On Credentials. Thank you to our contributors Heavy-duty repair shop software fullbay.com
57 | Fullbay: State of Heavy-Duty Repair ABOUT FULLBAY Fullbay is a heavy-duty repair shop management platform that enables shops to receive repair requests, invoice customers, and everything in between. Fullbay lets owners and employees get into the shop, get their work done, and get back to their friends and families. Purpose-built for commercial repair, Fullbay offers solutions for every type of shop, from independent repair to private fleets. Its powerful features, combined with our own extensive knowledge of the industry, can help your shop: • Get visibility across the business by having a pulse on everything from technician performance to parts inventory. • Invoice and get paid faster with an integrated customer portal that captures authorization and receives payments electronically. • Increase revenue and fix your leaky bucket by identifying gaps in your inventory management, monitoring efficiency levels, and optimizing margins. • Boost shop efficiency with tools like labor time guides, reporting, and diagnostics, and reduced back office work. Whether you oversee multiple shops, manage the maintenance of your own fleet, or operate solo out of the back of a truck, Fullbay can scale to help you succeed. Learn more and get started today at fullbay.com. DISCLAIMER The information contained in this report is general in nature and should not be considered to be legal, tax, accounting, consulting, or any other professional advice. In all cases you should consult with professional advisors familiar with your particular factual situation for advice concerning specific matters before making any decisions. Fullbay does not accept any liability for any loss or damage, howsoever caused, arising from any errors, omissions or reliance on any information or views contained in this document. All trademarks and copyrights remain the sole ownership of their rightful owners/licensees. Copyright © 2021 Fullbay. All rights reserved. Reproduction, redistribution, or dissemination of this document without written permission is completely forbidden. Heavy-duty repair shop software fullbay.com
fullbay.com
You can also read