It's Christmas In July For Toys For Tots Thanks To Federated Members And Suppliers -

It’s Christmas In July For Toys For Tots Thanks To Federated Members And Suppliers

Although it is only July, Federated members and suppliers provided an early Christmas present to the Toys for Tots program with a $135,000 donation from money pledged at the annual Federated Tots for Tots auction held during the Federated annual awards dinner.

Although it is only July, Federated members and suppliers provided an early Christmas present to the Toys for Tots program with a $135,000 donation from money pledged at the annual Federated Tots for Tots auction held during the Federated annual awards dinner.

“Our members and manufacturing partners have really embraced the Federated partnership with Toys for Tots and we want to thank them for their tremendous generosity during our annual auction,” said Mike Schultz of Federated Auto Parts. “Our auction is just the first step in what we expect to be another great year of collecting toys and donations for Toys for Tots. Last year many of our members implemented donation programs at their stores and we anticipate very strong participation this November and December.”

Many exciting Federated Auto Parts 400 Sprint Cup experiences were auctioned to benefit Toys for Tots, including the opportunity to wave the green flag; make the “start your engines” call; ride shotgun in the pace car; and serve as an honorary pit crew member for NASCAR legend Kenny Schrader. Other auction items included a “Get Dirty with Kenny” driving experience, an autographed Schrader racing suit and helmet, and an original print from famed NASCAR artist Sam Bass. Federated CEO Rusty Bishop served as auctioneer and was helped by assistant auctioneer Schrader.

In 2013, participating Federated Auto Parts store will again accept toy donations at their locations.  Financial contributions can also be made at www.federatedautoparts.com/ToysforTots.aspx that links directly to the Toys for Tots website. Donors can use their credit card securely to make a monetary donation or print out a form and mail it in with a check made out to Toys for Tots.

About Toys for Tots

The Marine Toys for Tots Foundation is a not-for-profit organization authorized by the U.S. Marine Corps to provide fundraising and other necessary support for the annual U.S. Marine Corps Reserve Toys for Tots Program. Now in its 66th year, Toys for Tots provides joy and a message of hope to less fortunate children through the gift of a new toy or book during the Christmas holiday season.  For more information, visit www.toysfortots.org.  

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The True Cost Of Comebacks

Comebacks are a hot topic today. You need to track all comebacks, determine the reason (tech error, part error, training issue, other) and then calculate the true cost of the comeback.

By Joe Marconi of Elite
Comebacks are a hot topic today. You need to track
all comebacks, determine the reason (tech error, part error, training issue,
other) and then calculate the true cost of the comeback.
Here are a few things to consider:
• The loss of time when performing the comeback; time that the tech can use to
perform other work and generate profit;
• The misc costs, such as overhead costs, supplies, cleaners, etc.;
• Towing costs, rental, etc.;
• Cost to morale;
• Reputation damage; and
• Reduction to your profit margin.
For every part issue, you need to
inform your supplier. Sit down with suppliers on a regular basis. Don’t return defective
parts until you have listed the parts, and maintain a report. Document
everything.
Part issues are increasing. Every shop
owner I speak to is frustrated over this.
Remember, comebacks kill your bottom
line. The more comebacks you have, the more they’re killing your profits.
This article was contributed by Joe Marconi.
Joe is one of the 1-on-1 business coaches who helps shop owners through
the Elite Coaching Program, and is the
co-founder of autoshopowner.com.

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