Step-by-Step Pricing Instructions - wiADVISORkb.moparts.dcctools.com/assets/pricing_wizard... · 2013. 4. 8. · The Pricing Wizard is very forgiving and even after you save the settings

Step-by-Step Pricing Instructions - wiADVISOR

Complete Prior to Pricing Wizard Set-up Webinar 1. Schedule your Pricing Wizard Set-up Webinar

2. Verify that you will be using of the following approved (and common) internet browsers:

• Google Chrome - version 23 or later

• Apple Safari Windows - version 5.1 or later

• Apple Safari Mac - version 6 or later

• Internet Explorer - version 9.0 or later

3. Make sure that your log-in credentials work as follows:

a. Access the Pricing Wizard at http://chrysler.advisordashboard.net

b. Enter your User Name and Password

NOTE: Username and Password is your SID, call 1-888-WITECH-1 if your SID does not work

3

4. If you see this screen shown below, you are ready for the Pricing Wizard Set-up Webinar.

NOTE: Remember how you accessed this application, this is where you will be setting up your

actual pricing for your dealership.

Version 2.0 Page 1 of 23 Revision Date: 08-Apr-2013

http://chrysler.advisordashboard.net/

Pricing Wizard Set-up Webinar

Factory Required Maintenance The wiADVISOR Pricing Wizard is the simplest and quickest way to enter the pricing and OPCodes for all

of your Chrysler Factory Required Maintenance services.

These Pricing and OPCode Instructions is for your reference during and after the Pricing Wizard

Webinar to help you set up your Pricing and OPCodes for the Factory Required Maintenance.

Overview

The Pricing Wizard is very forgiving and even after you save the settings and prices to the live

wiADVISOR Dashboard, you can go back and change anything. So do not worry about making a

mistake or future pricing changes

The Pricing Wizard allows for family/group pricing on services such as oil changes and can also

utilize matrix pricing on parts

There are 5 steps to complete the Pricing Wizard, this User Guide will walk you through each of

steps during the Pricing Wizard webinar

Ensure both the Parts Manager and Service Manager are prepared to participate in the webinar

The Pricing Wizard starts off very general and each step helps you more clearly define your

pricing. Do not worry early on if pricing does not match your DMS in the beginning stages, you

are just defining some broad parameters to check your results when you finish. Remember,

you can always go back and adjust pricing


Login 1. Make sure your Parts and Service Managers will be on the webinar. However, only one of you

can work in the Pricing Wizard at a time (you can overwrite each other’s work if both logged in)

2. Access the webinar five minutes prior to your scheduled GoToMeeting. Please have both your

Parts and Service Manager on hand. Understandably, this is difficult, but you need to be where

you can work without interruptions. You will be in a session with up to five other dealers and

we will be moving forward together step-by-step

3. Log into http://chrysler.advisordashboard.net using the same credentials you did in the

previous section

4. Click on the three dots (…) at the top left of the screen (shown below)

5. Select your Dealership Name by clicking on it (you will see it highlight)

6. Click Select

5

6

7. On the left hand side navigation pane, select Administration if it is not already open

8. Select OMM Admin

7

8


http://chrysler.advisordashboard.net/

Factory Required Pricing Wizard The screen should now display the Pricing Wizard (shown below). If not, select the Required Services

Tab and then Pricing Wizard.

1. You can click on the chevrons (>> ^^) on the bottom left of the screen to hide/show the

navigation pane

2. You have a choice at this point to click on one of the two options

3. Select the top option: “Would you like to use the Pricing Wizard to setup your pricing?”

The other option lets you enter your maintenance pricing line by line for every make and model

4. Click Next

3

4

NOTE: At any time you leave the Pricing Wizard and come back, you will have to select “Would you

like to use the Pricing Wizard to setup your pricing?” to get back into the wizard.


Step 1: Global Parts and Labor Operations Overview - Labor Configuration

This step is used to set up pricing guidelines. The choices you make DO NOT define the final price of

your maintenance services. It simply sets some universal guidelines for the Pricing Wizard.

Labor Configuration determines how your Labor Time will be set. Factory Required Maintenance

services have Labor Times associated with them. This section is to set the basic (can adjust at later

steps) times for the various maintenance services. There are two ways to calculate Labor Times:

Labor Times to Default to Average Dealer

o Based on existing wiADVISOR pilot dealers LOP Times

-OR-

Labor Time to Default to Warranty LOP Time

o Based on Chrysler Warranty LOP Times

o If selected, you can apply an additional Labor Time Markup %

Most dealers use the Labor Times to Default to Average Dealer as a default to start the pricing, and

then adjust according to their own dealership specific times.

Labor Rate $ and Target Effective Labor Rate (ELR) will be a guide for you to compare what your actual

maintenance ELR is compared to the Target you set. Then you can decide if you want to adjust

anything.


Step 1: Global Parts and Labor Operations - continued 1. Labor Configuration (Average or Warranty)

a. Select Labor Times to Default to Average Dealer

-OR-

b. Select Labor Time to Default to Warranty LOP Time (if selected, you must still apply a

Labor Time Markup %)

Example: If Labor Time Markup is up 30% and Warranty Time is 1.0 hours then the new

time will be 1.3 hours (enter Labor Time Markup in whole numbers; 30 = 30%, 400 = 400%)

a

b

NOTE: You will have the ability to adjust any Labor Times in the following steps.

2. Labor Configuration (Labor Rate $ and Target ELR $)

a. Enter your Labor Rate $ (Customer Pay)

b. Enter your Target ELR $

a

b


Step 1: Global Parts and Labor Operations - continued Overview - Part Configuration

Part configuration is of how you apply the part’s markup on maintenance parts. You can Apply Parts

Markup on Cost (Dealer Net) or Apply Parts Markup on Retail Price Only (List). Most dealers select

Cost Only.

1. Part Configuration (Cost or Retail Markup)

a. Select Apply Parts Markup on Cost

-OR-

b. Select Apply Parts Markup on Retail Price Only

a

b

2. Parts Configuration (Part Markup % and Target Gross Profit %)

a. Enter your Part Markup %

b. Enter your Target Gross Profit %

a

b


Step 1: Global Parts and Labor Operations - continued Overview - Part Tape Option

Monthly Parts Tape updates will affect your menu pricing on wiADVISOR. You can choose Update Cost

Only, which will not affect the Selling Price (displayed price on wiADVISOR) of the service on your

menu; or you can choose Update Part Cost and Menu Price, which allow the menu to be adjusted up

or down with parts price variations according to the rules that you have applied in this wizard.

Either way, you will receive a monthly report informing you of any parts that require pricing updates.

Most dealers choose Update Cost Only and then manage Menu Price Changes based on part

fluctuations. However, the example below changes the cost and menu price based on parts pricing

updates from the monthly parts tapes updates from Chrysler.

1. Part Tape Option

a. Select Update Cost Only (Menu Price not change)

-OR-

b. Select Update Part Cost and Menu Price

a

b

2. Once all your choices are in, click Update (this will save your selections, if you do not click

Update, you will lose your selections)

3. Click Next to move on to Step 2

2 3

NOTE: You can go back and make changes, but beware; changes to this page are universal and will

impact all of your pricing that you will complete later on. If changes are required, select Change

Global Settings. It will only appear after you have performed the Update on Step 1. We only

recommend utilizing Change Global Settings if you want to start over completely.


Step 2: Global Parts and Labor Settings Overview - Entering Matrix Pricing

This section is where you will input your Pricing Matrix that you use for pricing Factory Required

Maintenance items (if applicable to your dealership). Applying matrices will simplify and minimize the

amount of steps required to complete your pricing for Factory Required Maintenance. You can create

up to 10 different Matrices with up to 10 different line items within each matrix.

1. Enter New Record (Matrix)

a. Name your Matrix in the left box (example: Quick Moving Parts)

b. Assign an Order of Priority in which it will appear on your list of Matrices in the right box

(example: 1)

c. Click Insert to add the new record

a b c

d. Repeat steps 1a through 1c to add additional New Records (Matrices) - Example: Drive

Belts


Step 2: Global Parts and Labor Settings - continued 2. Configure Matrix

a. Click Select for the Matrix that you want to configure (example: Quick Moving Parts)

NOTE: The color of the matrix line item should change to aqua and an additional New

Record box should appear

a

b. Enter a starting price in the left box that you would like to be assigned to the pricing range

(example: 0 = $0.00)

c. Enter a ending price in the middle box that you want assigned to the pricing range

(example: 9.99 = up to $9.99)

d. Enter a % Markup in the right box that you want assigned to the pricing range

(example: 400 = 400%)

e. Click Insert to input the pricing range

b c d e


Step 2: Global Parts and Labor Settings - continued 2. Configure Matrix

f. Repeat steps 2b through 2e to input additional pricing ranges that do not fit into previously

inputted pricing ranges

NOTE: The Pricing Wizard will automatically ask you for your next pricing range after

clicking Insert in step 2e

g. After inputting each pricing range for your first matrix, repeat steps 2a through 2f to input

pricing ranges if your dealership has additional matrices (example: Drive Belts)

g

f

NOTE: You will have the ability to assign an individual matrix to whatever parts groups you

wish in the next Step. But you can also assign different rules and even a fixed price as well

h. Once completed with all your Pricing Matrices, click Next

h


Step 3: Parts Group Pricing Configuration Overview

This step will allow you to adjust parts pricing even further by part type. You can either assign a

Markup % or a Matrix Price that you built in the previous step.

1. Click Select on the first group, Fluids - Oil based

1

The screen below with appear after clicking Select on the Fluids - Oil Based. It will have areas

highlighted in aqua.


Step 3: Parts Group Pricing Configuration - continued Overview

Do not worry if you have individual services that might be priced differently from the others in the

group, you will have the opportunity to adjust those later in this step. TO MINIMIZE THE TIME AND

STEPS REQUIRED TO COMPLETE STEP 3, REVIEW EACH AREA AND DECIDE WHICH ONE WILL APPLY TO

THE MAJORITY OF PARTS IN THE SELECTED PART GROUP.

There are three Controls from which you can choose from:

1a. Apply parts group Markup to:

1b. Apply Matrix or Markup:

2. Change Part Sale for group:

1a 1b 2

1a. Apply parts group Markup

This will default to the universal settings you set in Step 1. In this case, you applied the markup

to cost, so that is pre-selected. Had you chosen to apply markup to the retail price, then it

would be pre-selected. If you are going to use a markup and want to change from what you

configured in the Global Settings, simply click Retail only.

a. Select Cost only

-OR-

b. Select Retail only

1a


Step 3: Parts Group Pricing Configuration - continued 1b. Apply Matrix or Markup

The next box is the markup you are applying to either the Cost only or the Retail only,

depending on what you chose in box 1.

If you are using the Part Markup %, you will see the Global Markup you applied in step 1. If you

want to change it, simply enter the new markup that you want applied.

If you want to use Matrix Pricing here, you are utilizing one of the matrices that you built in

step 2.

a. Select Matrix

b. Open the drop down box and select the Matrix that you want to start your

Oil - Fluids Based pricing with (example: Quick Moving Parts)

c. Click Update to apply and save the selected matrix pricing to the parts group

b a

c

-OR-

a. Select Part Markup %

b. Enter a Markup that you want applied to the selected parts group (if you want to adjust

from Part Markup chosen in Step 1)

c. Click Update to apply and save the entered Part Markup % to the parts group

a b

c

NOTE: The Matrix or Part Markup % that you have chosen will only be applied to the selected

Parts Group.


Step 3: Parts Group Pricing Configuration - continued After selecting your Matrix or Part Markup %, the pricing will update for the selected parts group

(shown below)

2. Change Part Sale for group (ONLY IF DO NOT WANT TO USE MATRIX OR PART MARKUP %)

This will apply a standard price across all parts in this group based on an average price of a part.

This is more practical for parts such as oil filters, but for this example, we will stay with Fluids-

Oil Based

a. Enter an average price that you want applied to all parts in the selected parts group

(example: 40.00 = $40.00 for all Fluids - Oil Based)

b. Click Set to apply your average price

c. Click OK to confirm your average price

a b

c


Step 3: Parts Group Pricing Configuration - continued If you have chosen Change Part Sale for group, the pricing in the table will reflect that average price

accordingly (shown below).

NOTE: Change Part Sale for Group will lock each part for Controls updates

3. Update Pricing for Individual Parts

Now that you have applied Controls to the selected Parts Group, you have the ability to update

individual parts pricing based on your dealership pricing requirements.

a. Find a price that you want to update

NOTE: Clicking on the will display the vehicles that are associated to the part number

b. Enter the Part Sale price that you want the part number updated to

c. Click the Lock to set if you want future Controls updates to be applied to this part number

NOTE: = Do not apply future Controls updates to this part number

NOTE: = Apply future Controls updates to this part number

d. Click Save Details (click often to ensure you do not lose changes)

c

a b

d


Step 4: Group Labor Rate Configuration Overview

In this step, you will assign OPCodes, confirm Labor Times, adjust parts pricing further as needed, and

assign group pricing to services as desired (example: LOF).

There are four Controls from which you can choose from:

1. Set for Group OPCode:

2. Time:

3. Rate:

4. Sales:

1 2 3 4


Step 4: Group Labor Rate Configuration - continued 1. Set for Group OPCode

This is where you can set a universal OPCode on Factory Required Maintenance Service

(example: LOF = gasoline engine oil change). You will have the opportunity to change OPCodes

for vehicle groups that have a different OPCode (example: diesel). This is the fastest way to

populate the majority of the required OPCodes.

If your dealership were to use OPCode ‘LOF’ for the majority of oil changes:

a. Enter LOF

b. Click Set

c. Click OK to confirm your choice

NOTE: you can always go back and edit as needed. See the example below

a b

c

After applying LOF to Set for group OPCodes, all OPCodes within the selected Labor Group

Name will update (shown below)


Step 4: Group Labor Rate Configuration - continued 2. Time (defaulted from Global Settings, only change if necessary)

This is the Labor Time for the selected Labor Group Name. You will set a universal time and

then be able to adjust vehicle groups (if necessary).

If your dealership were to use 0.3 hours for OPCode ‘LOF’:

a. Enter 0.3

b. Click Set


a b

c

After applying 0.3 hours to Time, all Labor Times within the selected Labor Group Name will

update (shown below)


Step 4: Group Labor Rate Configuration - continued 3. Rate

This is the Labor Rate for the selected Labor Group Name. It is set at your default Labor Rate

that was selected in step 1. However, you can change the Labor Rate to apply towards Labor

Rates that are unique for any specific Labor Group Name.

If your dealership were to change the Labor Rate for the selected Labor Group Name to $45:

a. Enter 45.00

b. Click Set


NOTE: 0.3 hours x $45.00 Labor Rate = $13.50 Labor Sale

a b

c


Step 4: Group Labor Rate Configuration - continued 4. Sale (will overwrite Labor Rate)

This is the Labor Sale for the selected Labor Group Name. Labor Sale is directly linked to the

Controls Time and Rate (Time x Rate = Labor Sale). If you have chosen to set your Rate in the

previous step, Labor Sale will automatically be calculated. If you choose to set your Labor Sale,

your Labor Rate will change to reflect your updated Labor Sale (see NOTE below).

If your dealership were to change the Labor Sale for the selected Labor Group Name to $50:

a. Enter 50.00

b. Click Set


NOTE: Labor Rate will change to $167.67, Time will stay at 0.3 hours

(0.3 hours x $167.67 Labor Rate = $50 Labor Sale)

a b

c


Step 4: Group Labor Rate Configuration - continued 5. Update Pricing for Individual Services

Now that you have applied Controls to the selected Labor Group Name, you have the ability to

update individual Service pricing based on your dealership pricing requirements.

a. Find a Service that you want to update (can change OPCode, Labor Time, Labor Rate, Labor

Sale, & Part Retail)

FORMULAS: (Time x Rate = Labor Sale) & (Labor Sales + Part Retail = Menu Price)

NOTE: Clicking on the will display the vehicles associated to the Service

b. Enter the new value that you want the Service updated to (any of the 6 boxes)

c. Click the lock to set if you want future Controls updates to be applied to this Service

NOTE: = Do not apply future Controls updates to this Service

NOTE: = Apply future Controls updates to this Service

d. Click Save Details (click often to ensure you do not lose changes)

c

a b

d

6. Additional Pages & Next

a. Once you finish all of the OPCodes on page one, you will need to click on the additional

pages and complete those

b. Make sure you are clicking Save Details for each of these OPCodes

c. Once you complete them all and have saved, you will click Next at the bottom

a

b c


Step 5: Completion Overview

You must complete this step to populate your wiADVISOR dashboard pricing and OPCodes for the

Factory Required Maintenance Services.

Here you can compare your Target ELR (set in Step 1) to the Actual ELR for the Factory Required

Maintenance services. You can also compare the Target Gross Profit for Parts to the Actual Gross Profit

on parts for the Factory Required Maintenance services.

At this point you can go back and make adjustments to Steps 2, 3 or 4 if your Actual ELR and Actual

Gross Profit are not in line with your Targets to your liking. Warning: If you go back to Step 1 and

Update Global Settings, you will lose all changes that you made in Steps 2 through 4.

If you are happy with your Actual ELR and Actual Gross Profit:

a. Click Save Prices

b. Click Finish (this populates your wiADVISOR dashboard with pricing and OPCodes)

a b

Congratulations! You have completed the Factory Required Maintenance

Services for the Pricing Wizard.

If you have any questions or concerns, please contact the wiADVISOR Support Team at 855-wiADVISOR (855-942-3847) or via email at [email protected]


mailto:[email protected]

Documents

Step-by-Step Pricing Instructions - wiADVISORkb.moparts.dcctools.com/assets/pricing_wizard... · 2013. 4. 8. · The Pricing Wizard is very forgiving and even after you save the settings