Inventory - A word most orthodontists see and think of as an unexciting, but necessary process. Inventory primarily means not running out of things, and as long as they have enough stock, they’re satisfied. While more and more may spend some time shopping or negotiating on the big ticket items like brackets and bands, but may think the rest is just a commodity purchase they can delegate to whoever in their office happens to have a little time.
The truth is, your Inventory has a significant impact on your bottom line, and all of the perceived “little things” add up very quickly. Many practices are making one or more critical mistakes in how they manage inventory that are costing them a lot of money every month. As competition for orthodontic patients continues to grow, orthodontists are focusing even more on controlling costs and running their practices more efficiently to increase margins and profit. Managing your inventory system and ordering is a powerful way to add to your practice’s bottom line. This webinar will help you identify and address the biggest mistakes your practice may be making with inventory.
After this lecture you will be able to:
Identify the mistakes in your own inventory process that are costing you more money than you realize;
Apply specific strategies to implement in your practice to maximize savings in both time and your bottom line;
Use the key components of an effective, cost-saving inventory system, so you have confidence that you’re getting the most for your money and know how to manage the process effectively.
Speaker Disclosure: Consultant: SciCan
Length of session: The session is scheduled for 60 minutes.
Continuing Education: Each participant who completes the Webinar will earn 1.0 CE for the entire session.
Continuing Education Disclaimer:
This Continuing Education Program provides attendees with a relevant and rewarding continuing education experience. However, neither the content of a course nor the use of specific products in any program should be construed as indicating endorsement or approval of the views presented or the products used by the AAO or by any of the respective subsidiaries. Speakers are required to disclose to participants any financial, commercial or promotional interest in a product or company that may influence their presentations; however, the AAO shall not be liable for a speaker’s failure to disclose such interest.
American Association of Orthodontists is an ADA CERP Recognized Provider. ADA CERP is a service of the American Dental Association to assist dental professionals in identifying quality providers of continuing dental education. ADA CERP does not approve or endorse individual lectures or instructors, nor does it imply acceptance of credit hours by boards of dentistry. Concerns or complaints about a CE provider may be directed to the provider or to the Commission for Continuing Education Provider Recognition at ADA.org/CERP.