Mitchell International Inc., a provider of information, workflow and performance management solutions to the Property & Casualty claims and Collision Repair industries, will now provide market-based price updates to its Refinishing Materials Calculator (RMC).
Over the past six months, Mitchell has been collaborating with members of several collision repair associations, including the Society of Collision Repair Specialists (SCRS), to provide updates to RMC that will accurately reflect the highly variable cost of refinish materials.
Beginning in May, Mitchell will analyze pricing data monthly and institute a “trigger” that will activate an RMC data update when the aggregate paint price data received from manufacturers changes by more than 3 percent, the company said in a statement. Mitchell will also review paint offerings and eliminate lines that are no longer commonly used as well as reflect the addition of new product lines to keep pace with paint manufacturers’ continuously updated product lines.
“In today’s economy, change is a constant in the collision repair marketplace, especially the cost of refinish materials,” said Marc Brungger, executive vice president of Auto Physical Damage, Mitchell International.
Mitchell RMC is a materials calculation software program that provides users with a fully automated itemization of costs for primers, colors, clear coats, additives, and other materials needed to restore vehicles to pre-accident condition. Mitchell RMC is designed to be used by all participants—collision body shops, insurance companies, appraisers, independent claims adjusters, and paint companies—involved in the collision repair and claims process.
Source: Mitchell International,
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