Is your business wasting hundreds or maybe even thousands of euro each year because of oil wastage? New research from Castrol UK estimates that most motor trade businesses are failing to make the most of the lubricants that they buy, and in some cases are literally pouring money down the drain.
Lubricants ‘wastage’ covers any oil that a dealer or garage takes in but does not charge out. This can be down to many reasons such as, spills, leakage, theft, mischarging or where oil is used within the company but not recorded. Most motor trade businesses it seems, have a casual attitude to oil management, with 60% of workshop managers having no idea how much oil they waste.
Castrol estimates that poor oil management means that 11% of the profit that should be made on oil is never realised and recommends that workshops adopt far tighter controls and introduce new fluid management systems to improve oil profitability.