The supplies in a dental practice are such a significant part of overhead that they must be monitored and controlled. In a million dollar practice, reducing supply cost by 1% would put $10,000 in the practice’s pocket
Read moreThe supplies in a dental practice are such a significant part of overhead that they must be monitored and controlled. In a million dollar practice, reducing supply cost by 1% would put $10,000 in the practice’s pocket
Read moreThere is more to the cost of inventory than price; opportunity cost, carrying costs, and hidden costs must all be accounted for. A well-managed inventory control system will help a practice more than overcome any differences in prices by controlling all those costs that seem to be just pin-pricks in the dam, but, taken together, contribute significantly to a large collective leak in the bottom line.
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