Disruptive Technology
Harvard Business School professor Clayton Christensen coined the term ”disruptive
technology” in his 1997 best-selling book, "The Innovator's Dilemma.“
A disruptive technology
is one that:
1) displaces an established technology and shakes up the industry, or
1) displaces an established technology and shakes up the industry, or
2) is a ground-breaking product
that creates a completely new industry.
Here are some
examples of ‘disruptive technology’
PC -
Personal computer displaced the typewriter. It forever changed the way we work.
Email - Transformed the way we
communicate. It largely displacing letter-writing and disrupted the
postal and greeting card industries.
Cell Phone - Made it possible for
people to call us anywhere, and disrupted the telecom industry.
Laptop and mobile computing
- made a mobile workforce possible.
Cloud computing - has been a hugely
disruptive technology in the business world. It is displacing many
resources that previously were located in-house.
__________________________________________
Why is PMCLogic a
disruptive technology?
Because it changes the way repairers get paid
for P&M’s!
Currently repairers are pay for paint and materials on an
arbitrarily and flawed methodology based on ‘refinish labor
hours’ times a fixed dollar “allowance amount”. This method of
calculating what is due for each and every unique repair is universally
recognized as being outdated, inaccurate and totally inequitable.
Why does this flawed methodology continue to be used?
Because until now it has been virtually impossible for a shop to accurately
account of the exact amount of paint and materials used on a specific/unique
repair.
What has changed? New technology developed by ComputerLogic,
and delivered via their PMCLogic™ Paint and Materials Management System,
automatically generates an extremely accurate predictive estimate of the list
and quantities of all P&M items that will be needed for each unique
repair. In addition, it interfaces with
paint mixing systems to validate how much paint was ultimately used on each
repair to insure that the final invoice accurately reflects an honest account
of what P&M’s were used for a each specific repair.
Keys to success for ‘Disruptive Technology’:
It solves a problem or
satisfies a need better, faster, easier
and/or cheaper.
PMCLogic meets all of these criteria.
PMCLogic is better because it generates an
extremely accurate predictive estimate of exactly what P&M’s will be used
on each unique repair.
It is better because a repairer can easy turn that predictive estimate into a final accurate invoice. This is because PMCLogic interfaces with
numerous other applications that account for or measure the actual volume of
paint and materials used for that specific job.
It is better because it automatically
notifies the estimator of the P&M items that can be entered as a manual
line item on the original vehicle estimate and shown as a ‘parts item’ for
supplement payment.
It is better because it captures a ton of information for reporting
purposes, such as, job costing, gross profit margin for all jobs paid by a
specific insurance company, detailed material usage by SKU, lost opportunity,
KPI’s, and more…
It is fast and easy to because
it interfaces with all of the estimating systems (Audatex, CCC, Mitchell,
Comp-Est and Web-Est) which eliminates the need to re-enter data.
I think social media could defiantly qualify as disruptive. My Credit Unions
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