3 guiding principles of inventory management

Inventory management is key in running an effective dental practice.  As stated in previous posts, the average dental office spends approximately $ 85,000 in dental supplies a year.  This number can be significantly higher in larger offices where multiple associates work or dental offices that place dental implants.

A common question is what can dental practices do to help manage their inventory better? There are  3 guiding principles of inventory management that can assist your practice. These include:

  1. Forecasting - understanding your future demands and minimum levels

  2. Product flow  - What products are being used for which procedure, storage location, and days to expiration  

  3. Audit ability - The ability to look back in time to see the utilization of your dental supplies, when they were used, and link back to procedures

At Sowingo our goal is to empower you to manage this cost more effectively. In order to enable your dental office to better manage its supplies, our inventory management software includes the ability to perform forecast, understand product flow and provide you with an audit trail.  At a click of a button you can view your minimum inventory levels, find out which supplies that are about to expire and their location.

To learn more contact us at support@sowingo.com or 1 (888) 997-3133. Our team will be happy to provide you with an overview or demo of our cloud based inventory management system.

Click here to check our our features page, to see how Sowingo can help your office manage its supplies.