China - Inchcape
China - Inchcape
China - Inchcape
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Operational focus on our top 5 priorities to deliver our<br />
Customer 1 st strategy<br />
Improving<br />
margin<br />
Weekly price setting and tracking by model<br />
Improve penetration of accessories, F&I<br />
Weekly tracking of margins for aftersales<br />
Control utilities, consumables costs<br />
Controlling<br />
working<br />
capital<br />
Inventory cover to maintain at lower than 1.5 months<br />
Maximize usage of Supplier Finance with minimum interest<br />
charge<br />
Negotiate better payment terms with miscellaneous suppliers<br />
Selective<br />
capital<br />
expenditure<br />
No major investments planned in existing sites<br />
Focus on preferred brands and cities
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