The Challenge
TDN's supply spend was sitting at 7% of production, placing them at the higher end of the industry benchmark of 5-7% of production. CFO Chris Jenkins knew it could be better but to accomplish that, he needed two things to happen. First, TDN needed better negotiated rates across the supplies they ordered most, and second, a tool that could help the dental practices improve their supply purchasing behavior.
The Solution
TDN ran an RFP across their top suppliers, selected Method as their new preferred vendor. Method would be the platform where the organization would manage ordering, track compliance, and provide visibility into what every practice was spending and where.