Best practices for managing laboratory inventory

ChemSW announces the release of a revised and greatly expanded version of its ground-breaking white paper detailing best practices in chemical inventory management.

This white paper provides insights into leveraging industry best practices when implementing a chemical inventory system to help ensure system adoption and successful incorporation into lab processes.

The updated and expanded version provides greater detail concerning key emerging technologies and the latest industry practices.

Companies that utilise chemicals in their labs and their manufacturing processes must manage those chemicals in a safe environment in accordance with government regulations.

At a minimum, to ensure that this is accomplished, a system for managing information about the chemical safety and quality data should be established and maintained.

Best practices, on the other hand, take this minimum and leverage the management of the chemical inventory by leveraging the abilities of the people, processes, and technology involved to best effect.

This white paper delves into the best practices involved in managing chemical inventory to achieve the most effective, holistic chemical inventory system.

Entitled Best Practices for Managing Laboratory Chemical Inventory, the white paper examines the reasons why systems fail and why they succeed, as well as the true costs associated with chemical inventory management and cost savings that result when such a system is optimised for maximum effectiveness.

The revised and expanded version now available provides greater detail about estimating chemical inventory activity costs; building blocks to best practices; and, fire code reporting issues; as well as the ins and outs of outsourcing chemical inventory management to chemical management services and SaaS vendors.

In particular, the new section covering outsourcing alternatives discusses the pros and cons of such solutions, what to expect and how to evaluate them.

Because SaaS (software as a service) solutions are so new in this field, the characteristics and capabilities of such a solution as well as the components of best-of-breed SaaS software is discussed in depth.

Gaining control of the organisation's chemical inventory by implementing best practices not only provides numerous opportunities for waste and cost reduction but also enables the organization to go beyond compliance to implement environmentally preferable purchasing, chemical exchanges, and other waste minimisation and pollution prevention initiatives.

The white paper details how best practices chemical inventory solutions can deliver a high-performance, relational database system for tracking chemicals and other laboratory supplies.

Further, a best practices chemical inventory system that works with other IT solutions enables labs to keep track of where chemicals are and how much are available, as well as generate reports and quickly access hazard information.

Numerous illustrations supplement the text, as well as a self-diagnostic test that helps companies to determine the effectiveness of the current chemical inventory system.

This in-depth white paper is available free.

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