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DSCI300 Project Presentation
- 1. Business and Information System Description Neil Phillips Cars & Trucks By: Carl Graves and Nevan Phillips
- 2. Goals Best possible buying experience for its customer at affordable prices through both cash and finance deals Maintain high quality employees that know the local demographic and are able to communicate efficiently across languages Gain strong profits through outstanding customer service and satisfaction
- 4. Vehicles are acquired from local wholesale auctions, by one to two people
- 5. Preparation
- 6. Includes transportation, repairs, painting, and storage
- 7. Retail
- 8. Purchasing process, and payment center for customers who finance
- 11. No previous IT systems
- 12. Not tied to other IT systems
- 14. Applies information to the proper forms such as titles, bill of sales, and financing contracts and prints them out
- 15. Holds customer information for repeat purchases
- 17. Event Matrix
- 18. Analysis of the Data Sets Neil Phillips Cars & Trucks Sales Data for August and September
- 19. Variables Sold date Stock number Year of the vehicle Vehicle make Model VIN Vehicle mileage Where the vehicle was purchased from Date of purchase Who the vehicle was sold to Purchase price Sold Price
- 20. The two monthly data sets were combined and analyzed in Excel. Total Sold: $434,407.38 Number Vehicles Sold: 122 Average Sold Price: $3,560.72 Total Cost: $226,720 Average Cost: $1,858.36 Average Mark Up: $1,702.36 Average Mileage (excluding miles exempt):124,654 Total Markup: $207,687.38
- 21. Markup Ford, GMC, Chevy, Dodge, Nissan, Oldsmobile, Plymouth, and Buick all have an average markup that is higher than the overall average markup. Buick has the highest average markup at $2,266.67 However, when examining a brand’s total markup earnings as a percentage of all markup earned in the two months, Ford (28.34%) and Chevy (27.96%) made the most.
- 22. The Power of Domestic Ford makes up 27.87% of the company’s sold vehicles Chevy is 24.59% and Jeep is 9.02% Ford consistently has the highest percentage of total sales, cost, and markup compared to all other brands. Ford = 29.29% of sales revenue Chevy = 26.90% of sales revenue Jeep = 8.67% of sales revenue