Learn How Labs Consistently Lower Costs by Automating Chemical Inventory Management

Laboratory activities are never stand-alone.  How each task is performed affects all related tasks.  When tasks are performed more efficiently, operating costs and labor hours are reduced and the lab is more productive.

This white paper documents the results of a financial benefit study ChemSW conducted of their CISPro chemical inventory management system to determine how technology has helped customers to streamline associated processes and costs.   Not only are the survey results and the subsequent determination of the financial benefits provided, but also a cost benefit case study for calculating a return on investment (ROI).

Eliminate Chemical Workflow Challenges

Lack of accurate information concerning chemical inventory affects an organization’s ability to manage chemical costs efficiently, which can lead to under- or over-estimating the resources required.  When materials aren’t available or can’t be found, tasks are put on hold and the entire lab can be affected.   A real-time chemical inventory system can eliminate numerous laboratory workflow challenges.

Optimize Lab Tasks

The survey examines the financial benefits of time-savings from optimization of the lab tasks associated with chemical management. Fourteen key parameters--from reporting to labor costs--that relate to chemical inventory management were assessed. The surveys delivered an astounding range of detail concerning cumulative financial benefits from even small productivity enhancements.