Inside Dental Technology
November 2013, Volume 4, Issue 11
Published by AEGIS Communications
The strategic business decision to tap the services of outside entities to provide restorative products (in whole or in part) keeps laboratories relevant and competitive in a rapidly changing business environment. Businesses challenged by dwindling human resources, rapid shifts in restorative product loyalty, and aggressive developments in new material technology—not to mention lack of access to capital to invest in expensive production technologies—must rely on partnerships and collaborative arrangements for sourcing product manufacture.
What was once considered merely a business strategy for relieving production overflow has now become a necessity for retaining a business’s ability to respond quickly to changing business environments without the need to invest large amounts of capital in equipment or labor.
Tapping into the expertise of large and specialty outsource providers allows laboratories to concentrate on their core business and leverage products that are peripheral or outside the capabilities of in-house production. Outsourcing these products allows laboratories to gain a competitive advantage, position the business in new markets, and increase production output. This win-win strategy adds value to the business and impacts the bottom line.
Today, almost any type of product or product part is available through an outsource provider. From wax patterns for casting or pressing, to noble and non-precious metal copings, zirconia substructures and full contour restorations, to implant abutments and titanium implant bars, to 3D printed models, the products available through outsource providers allow even the smallest business to be reactive to industry and customer needs.