In this week’s blog, we feature an article from the small business section of the Houston Chronicle: Why Is Inventory Control Important?
The article focus on the following four points:
- Avoiding Stock Outs: Running out of an item, not only costs you money from missed sales, it can also make you lose customers for good.
- Overstock Hazard: Finding you have too much/many of certain items.
- Working Capital Issues: Too much precious cash tied up in operations.
- Manufacturer’s Angle: Running out of an essential ingredient or component can lead to a halt in manufacturer production. The resulting shortage can be extremely costly for you as the customer.
Maintaining your inventory, you might sometimes feel like you’re walking a tightrope.
Inventory management is essential to running a profitable clinic. Why should your dental practice be any different? We at Sowingo can help! Our cloud-based inventory management system can help combat all these issues and more, saving the average practice over $8,000 annually. If you want help growing the dental practice you have created, book a demo to learn more about Sowingo.
From inventory management to purchase orders to spend and usage reports and more, our speciality is helping your dental practice stay organized. For more info on our product, feel free to book a demo so our sales team can answer all your questions.