Pure Supplement Frequency Continues to Increase

Oct. 1, 2015

In the second quarter of 2015, 27.46 percent of all original estimates prepared by Mitchell-equipped estimators were supplemented one or more times. In the same period, the pure supplement frequency (supplements to estimates) was 50.44 percent, reflecting a 3.59 percent increase from that same period in 2014. A higher supplement frequency can be an indicator of how much cash is tied up, while reduced supplement frequency is an indicator of better cash flow. Mitchell said high supplement frequency can also delay vehicle delivery.

Visit go.mitchell.com/ITR to view the full Q3 2015 Industry Trends Report and sign up for free delivery of future Mitchell International Industry Trends Reports

Sponsored Recommendations

ADAS Applications: What They Are & What They Do

Learn how ADAS utilizes sensors such as radar, sonar, lidar and cameras to perceive the world around the vehicle, and either provide critical information to the driver or take...

Banking on Bigger Profits with a Heavy-Duty Truck Paint Booth

The addition of a heavy-duty paint booth for oversized trucks & vehicles can open the door to new or expanded service opportunities.

The Autel IA700: Advanced Modular ADAS is Here

The Autel IA700 is a state-of-the-art and versatile wheel alignment pre-check and ADAS calibration system engineered for both in-shop and mobile applications...

Boosting Your Shop's Bottom Line with an Extended Height Paint Booths

Discover how the investment in an extended-height paint booth is a game-changer for most collision shops with this Free Guide.