Autologica Blog

Administration,  Strategies

Per-store FIFO: Track Profitability of each Store

If a dealership has several stores and decentralizes parts purchasing, the per-store FIFO costing method lets you analyze the profitability at each location.

Each store generates its FIFO cost when they purchase, which they later consume each time they sell.

Scenario 1: Without per-store FIFO

Without this feature, dealership management cannot track how each store is managed. On the contrary, reports will mix good management (branches that buy at a reasonable and even low cost) vs. poor management practices.

Scenario 2: With per-store FIFO

With this feature, management reports will differentiate stores that are less profitable due to inadequate parts purchasing practices.

With this advanced feature, every time a purchase is made, the FIFO record is generated for each part at each store.

 

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