January 25, 2021
How and Why to Increase Supply Chain Efficiency at Your Dental Practice
With 2021 already in full swing, now is the time to take literal stock of your dental practice. The impact of the COVID-19 pandemic and consequential shutdowns caused the industry to step back and reevaluate every aspect of your business, including your supply chain efficiency. Here’s how and why you can increase supply chain management and efficiency at your dental practice in the new year.
If you weren’t already doing it, an increase in ordering all your supplies online has been a direct correlation from the pandemic for the better. Ordering supplies online is not only convenient in terms of delivery, but it’s efficient to be able to view and compare purchase options on various sites in minimal time. The technology and platforms exist to provide supply cost-comparisons.
In addition to your standard ordering processes, supply chain issues can be avoided by accessing available supplier networks. Supplier networks offer cost savings that wouldn’t otherwise be afforded to individual dental practices, leaving room for more savings and better pricing options.
In addition to the many trends that have emerged as a result of the pandemic, teledentistry has cut down on the number of in-person visits to your dental office. While it might not be here to stay, in-office visits are still being spaced out to accommodate social-distancing rules, leaving room to reevaluate everyday office supplies.
No doubt expenses had to be shifted in 2020, which is why now is a good time to leverage your buying power, especially when it comes to bulk goods like personal protective equipment that wasn’t as in demand in the past. Funds that may have been allocated toward commercial real estate can be redistributed in other now-necessary areas.
Contact the experts at Professional Transition Strategies to learn more ways to increase efficiency and your bottom line at your dental practice.