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Contracting Inventory Management Can Streamline Workflows and Control Costs
The ongoing economic turmoil is driving many organizations to look for new ways to streamline workflows, refine process efficiencies, reduce operating costs and implement technology that increases productivity. Because chemical inventory management is seldom considered a laboratory’s core competency, contracting chemical inventory management enables those tasks to be performed efficiently without distracting staff from key responsibilities.
Focus on Core Competencies
There are two ways to contract inventory management tasks: utilize a chemical management services firm or leverage a web-based hosted Software-as-a-Service (SaaS) solution. In the case of a managed services company, the organization hires the managed services vendor to act as the on-site arm for chemical inventory management. The managed services company performs either a portion or all the logistics associated with chemical inventory. In the case of a SaaS solution, only the software management portion of the task is contracted.
Leverage Contractor’s Knowledge and Portfolios
Managed services companies have been a part of the business operations scene for many years. The best managed services organizations have deep knowledge of the products, processes and systems that their customers use, and provide a portfolio of service solutions that cover major processes in the supply chain. In the case of Chemical Management Services, such a portfolio includes procurement and Just-in-Time delivery as well as all key inventory management tasks associated with managing, tracking, and disposing of chemicals, solvents and reagents.
Investigate the Ins and Outs of Chemical Inventory Contracting
This white paper details the benefits to contracting chemical inventory management and what to expect from the managed services company or SaaS solution providers. Titled How to Successfully Contract Chemical Tracking to Managed Services Providers, the white paper investigates the ins and outs of chemical inventory contracting.
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