The Equipment and Tool Institute Launches Inventors Hub -

The Equipment and Tool Institute Launches Inventors Hub

The Equipment and Tool Institute has launched the Inventors Hub on its website. The site is for inventors, technicians and engineers interested in the opportunity to share their ideas with the key manufacturers and distributors of automotive tools and equipment.

The Equipment and Tool Institute has launched the Inventors Hub on its website, www.etools.org. The site is for inventors, technicians and engineers interested in the opportunity to share their ideas with the key manufacturers and distributors of automotive tools and equipment. Inventors can go on the website and submit their patented ideas for review by ETI’s member companies.

ETI Member Companies will be able to evaluate the submissions and contact inventors directly if they are interested in pursuing the idea. This gives ETI Member Companies the chance to hear from inventors, technicians, and engineers who may have solutions to tool and equipment problems they may be experiencing, an idea for a tool that doesn’t exist or a way to improve an existing tool.

“ETI’s Inventors Hub serves as a conduit between automotive tool inventors and our member companies that manufacture and distribute tools and equipment to assess innovative ideas and develop new tools for the automotive industry. This is a valuable opportunity for both sides to develop a product that may save time and eliminate frustration”, says Jessie Korosec, ETI marketing manager.

For more information, contact Jessie Korosec, marketing manager, Equipment and Tool Institute, 134 W. University Drive, Suite 205, Rochester, MI.  Phone: (248) 656-5080; Fax: (603) 971-2375; e-mail: [email protected].

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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
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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.
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