3 new trends in dental supplies ordering from best dental practices

English - March 05, 2024 15:13 - 12 minutes - 11.1 MB
Management Business Arts dentistry dental practice dental business dental inventory dental supplies Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed

Trend 1: One of the most significant trends I've noticed is the increasing popularity of buying groups.

When evaluating a group, dental practices should ask the following questions related to their negotiated formulary:

Which manufacturers offer the deepest discounts?

How often are discounts negotiated?

Is pricing volume-based?

Does the buying group negotiate a percentage discount or a fixed price per product? (We recommend the latter.)

Trend 2: Labor costs are driving the adoption of tools that reduce manual work. This trend is evident.

When selecting the right ordering platform for the practice, several considerations are crucial:

Data ownership: Ensure the practice owns all data and can access the entire database at any point.

Setup cost: There shouldn't be a setup cost to start using an ordering platform.

Trial period: Request a free trial to assess usability before committing.

Trend 3: Private practices are becoming savvier about where to save and are utilizing their freedom to invest in products that make a difference.

Reference:

We come across the following groups the most: