Clinics would be at the risk of operating at a loss if dental supplies exceed 6% of the hospital’s yearly expenditure. This assertion was made by www.boomsupplies.com, a leading dental supplies vendor.
While clinics are trying their best to follow this guideline, rising costs seem to make this rule unrealistic. In many cases, clinics find costs of dental supplies exceeding 10% as prices continue increasing. Consequently, the bottom line of such clinics decline and leads to further challenges.
Follow the tips below to safeguard your clinic from such an unpleasant situation.
Don’t Store Excess Supplies
Many clinics purchase and store supplies they won’t need for a long time. This approach is wrong. Apart from occupying valuable space, excess supplies will tie down vital resources your clinics need to run its operations. In worse scenarios, they can get expired while is storage leading to financial loss. Cutting down on excess supplies would help your clinic save costs.
Get Purchase Manager
It is wrong to assign the tasks of purchasing dental supplies to your staff randomly, it often leads to buying excess stock. The office of a purchase manager would help you stay on par with the dental supplies requirements of your clinic. You don’t even have to employ a purchase manager, simply designate one of your staff to handle the responsibility. The purchase manager would analyze all supply orders to ensure your clinic gets the best value for money.
You can motivate your purchase manager by giving a bonus when the dental supplies expenditure is managed within budget. However, getting prudent in managing dental supplies must not lead to shortages, which can undermine the operational efficiency of your clinic.
It would be smart to buy dental supplies from superstores at discount rates. So, look beyond your professional dental supplies vendor to other places such as Walmart to cut down costs on dental supplies. Make sure you carry your employees along, so they can work together with you to cut costs on dental supplies. However, be careful not to distract your staff from their primary responsibilities. This approach would mitigate dental supplies related challenges and also help you make significant savings over time.
Online Dental Supplies is a Viable Option