Items Tagged with 'profitability'

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Improved End-User Profitability: An OEM’s Guide to Controlling Farmers’ Feed Expense

Learn how OEMs can increase the value of their feed equipment while reducing the farmers’ feed expenses.
On average, feed expenses account for over 60% of all livestock operations’ production costs. A variety of factors impact the feeding process, and controlling these costs is top of mind for producers. How can OEMs increase the value of their feed equipment while reducing the farmer’s feed expenses?
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People & Profits: The ‘Value’ of Relationships

Under our 2018 theme of ‘Developing Human Capital,’ this article focuses on the right perspectives and practices to develop and engaged employees who create repeat customers profitably. It is written by one of my Machinery Advisors Consortium Colleagues, Bill Hoeg. — George Russell

Why do car dealers get less parts and service business after the warranty expires? Why are there so many independent repair shops to fix your car?


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George_Russell_Bill_Hoeg

People & Profits: The ‘Value’ of Relationships

Under our 2018 theme of ‘Developing Human Capital,’ this article focuses on the right perspectives and practices to develop and engaged employees who create repeat customers profitably. It is written by one of my Machinery Advisors Consortium Colleagues, Bill Hoeg. — George Russell

Why do car dealers get less parts and service business after the warranty expires? Why are there so many independent repair shops to fix your car?


Read More
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PFD Summit: Precision Service Challenge: Making Money & the Pieces Fit

Dealers need to figure out how to improve their bottom lines while resolving compatibility issues for their farm customers.
Mixing and matching precision farming equipment and components can, in many cases, produce a superior system for some operations. On the other hand, compatibility issues with such systems have been known to create major headaches for precision farming technicians whose job it is to make them operate properly.
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Special Report: After the Ink Dries

5-Point Plan for First 100 Days

Farm Equipment asked consultant Floyd Jerkins what specific advice he’d give a dealer on what to do in his first 100 days after inking a deal. To Jerkins, it’s about stabilization, integrating controls and processes, and addressing financial shortcomings.
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[Podcast] Defining Your Role and Scope for Precision Profitability

In our first episode, we welcome Dr. Tom Krill, founder of Precision Strategy LLC, to share his philosophy and experience-based analysis on four key considerations for structuring a successful precision department.
In the first episode of the Precision Farming Dealer Podcast brought to you by Farmers Edge, we welcome Dr. Tom Krill, founder of Precision Strategy LLC, to share his philosophy and experience-based analysis on four key considerations for structuring a successful precision department.
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PFD Summit: Looking for Long-Term Profitability? Do What You Do Best

Dealers must define their role and scope in precision farming to make a difference in their customers’ operations.
Dr. Tom Krill defines precision farming as a management concept that recognizes variability within the soil environment and maximizes economic agricultural production while minimizing environmental impact for a specific location. And to evaluate it’s effectiveness, precision farming must have measurable objectives.
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Building Profits Through Key Performance Indicators

[Webinar] Managing By the Numbers

Farm Equipment's sister publication, Rural Lifestyle Dealer, presents a new webinar, "Managing By the Numbers" In it, Rural Lifestyle Dealer columnist Bob Clements shares how your business management software can help you improve the performance of the people and profitability of each of your departments. [To view any of our webinar replays, you must be logged in with a free user account.]
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