A potential analysis is a comprehensive process in which a company's current processes and practices are analyzed to identify areas for improvement. By conducting a potential analysis, companies can better understand their strengths and weaknesses and take targeted measures to improve their performance.
How does the potential analysis work?
BOOST's potential analysis begins with a comprehensive analysis of the body shops current processes and practices. The software analyzes the personnel weighting (administrative vs. operational) and checks whether this is correct. It also examines which part of the body shop is the limiting factor and how much output is possible in the various departments. Based on this information, BOOST creates a detailed analysis that shows how many jobs the business is currently creating per week, how many could potentially be created and what the opportunities for sales growth are.
How Does the Potential Analysis Work?
BOOST's potential analysis begins with a comprehensive analysis of the current processes and practices of the business. The software analyzes the personnel distribution (administrative vs. operational) and checks if it is healthy. It also examines which part of the workshop is the limiting factor and how much output is possible in the different departments. Based on this information, BOOST creates a detailed analysis that shows how many jobs the business currently handles per week, how many could potentially be handled, and what the revenue growth opportunities are.
Examples of Potential Analysis
An example of a potential analysis could be the examination of the weighting between the bodywork area and the paint area. If the bodywork area cannot keep up with the output from the paint area, for example, because either equipment or personnel are missing, the company is missing out on essential income, or too much is being invested in the paint area without need. Another example could be analyzing the efficiency of work processes in order to identify and eliminate bottlenecks.
Do you have the feeling that your business is not reaching its full potential? Would you like to know how you can improve your efficiency and increase your turnover? Let BOOST help you and discover how our potential analysis can boost your business!
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