With dental practices spending a good amount of money on supplies, it is important to get the best deals the market has to offer.
In an article from Dentistry iQ, author Danielle Abeyta-Enriquez writes, “Effectively managing your practice supplies reduces waste, lowers costs, and increases profitability. Whether your practice is small, medium, or large, getting the best prices for quality supplies can be challenging”.
In the article, Abeyta-Enriquez discusses four practical strategies to help you manage practice supplies:
- Understanding the 80-20 rule
- Establish a regular review process
- Try before you buy
- Renegotiate supply contracts every year
Abeyta-Enriquez continues, “As with anything new, it takes time to initiate the process, establish a routine, and see results. Sure, it will take time and effort, not to mention some growing pains, to successfully integrate these strategies into your practice”. Can your practice benefit from these four strategies to get the best prices?
To read more, see the full article from Danielle Abeyta-Enriquez in Coin Telegraph.