24 Mar Simple Ways to Save on Dental Products
Are you concerned that you may be overspending when it comes to buying dental supplies for your practice? Many dental professionals want to purchase the highest quality products, but they may not be getting the best possible price for those items. The team here at Unified Smiles can help you save on dental products by identifying how you can maximize your value and minimize your out-of-pocket costs. With our resources and network of industry connections, we can save thousands for dentists across the country who just want what is best for their patients at a fair price. Our team of experts have some easy tips to help you save more money on dental products without compromising the quality of your services.
Analyze Your Spending
When trying to reduce overhead costs, the first step is always to analyze your budget. Take some time to really sit down and break down your purchase history for the past several months, maybe even a year. If this year felt representative of your normal patient volume, it can be a good year to evaluate when it comes to how much you have been spending. The Unified Smiles financial experts recommend that independent dentists don’t spend more than 5-6% of their production on dental office supplies. If you are spending more than that, there may be supplies that are costing you way more money than they should be.
Quality vs. cost is an excellent way to measure how much money you are spending on certain supplies and how long those items are lasting. If the value you are receiving is lackluster compared to how much you are paying for it, there may be a better way to acquire those items. Our team has worked in the industry for decades, so we have a lot of experience when it comes to quality control & we can point you in the right direction when it comes to choosing the right supplies for your budget.
Understand Your Needs vs. Wants
When ordering supplies for your office, you may initially think you need the newest version of every item in the office. Or it is very possible that you may not be investing enough in something that could potentially be of great value to your team. Really take the time to look at your previous orders and try to understand how often these items are used. Are you spending more and not seeing a return on that investment? Is the cost of those items truly worth the value you get from them? Not every purchase is a need, and some may be better to only purchase on occasion, like once per year instead of every month.
Are you going through certain supplies more frequently than others? Evaluate how often you find yourself going through certain items and how much you are spending on them. Is there a cheaper product that you can buy that does not compromise the effectiveness of that item in your office? You may be paying too much for things like cotton balls or paper cups, which you could easily save money on without really changing the effectiveness of those items. Try to evaluate the frequency at which you are purchasing certain items and then do some price comparison with other products on the market. You may find that you can save thousands per year switching to a different brand. Talk to our Unified Smiles Representatives to learn more about how you can save on dental products by performing some market price comparisons.
Keep Track of Inventory
Another simple way to reduce your overhead cost is to keep an accurate inventory. While this process seems tedious, it can make a huge difference in the long run. This can help prevent overstocking items that expire, and it can help you avoid running out of necessary items. As the old saying goes, fail to prepare, prepare to fail. Don’t find yourself in an emergency realizing you never ordered more of an essential product, just keep track of what you have. Having accurate records could save you hundreds each month and help you understand which items are the most important to have a backup supply of. Seeing how often you use certain products in real time can help you understand what supplies are most important to your office’s daily function. Preparing an accurate resource to check out every time you place an order can help you avoid rush ordering, same-day shipping costs, or other delivery fees. This information can help educate you on the real costs of daily operations and it will guide you in making better purchasing decisions in the future.
Get It Right the First Time
One way dentists learn to get the most value for their money is by trying different products. While this method may be effective, it also requires a lot of time and money. Avoid trial and error by taking advantage of the knowledge and experience of other dental professionals in your field. Our team has worked with dentists throughout the nation, and we have a lot of experience using and purchasing different types of supplies so that our clients get the most value for their investment. We have done the hard work of researching and comparing products in all areas of the dental supplies and technology industry. Our Unified Smiles Representatives can give you some real insight into the effectiveness of products so that you can make the right purchase the first time you order. Don’t waste money on things that won’t serve you, invest your budget into products that are guaranteed to improve the quality of your daily operations.
To learn more about your market purchasing options and how you can save money on dental products, contact Unified Smiles today. You can reach a representative at 844.US.UNITE or fill out a contact request form on our site and a member of our team will reach out to you at your convenience. Don’t overspend on supplies, call our team to better your financial future!