5 Strategies to Maximize Your Dental Supply Savings
Dental supplies are one of the largest overhead costs for practices. Here are five proven strategies to reduce costs without compromising quality.
1. Join a Group Purchasing Organization
GPOs like TGP negotiate bulk pricing that individual practices can't achieve alone. Members typically save 20-30% on supplies.
2. Consolidate Suppliers
Working with fewer suppliers can lead to better pricing and simpler inventory management. TGP members have access to all major suppliers through one platform.
3. Track Your Spending
Use analytics to understand where your money goes. Identify categories where you're overspending and find alternatives.
4. Review Contracts Quarterly
Pricing changes frequently. Regular reviews ensure you're always getting the best rates.
5. Leverage Technology
Procurement platforms like TGP+ consolidate ordering, tracking, and analytics in one place, saving time and reducing errors.