Why is it vital to your lab?

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Editor’s note: In the article, Alena explains why high-quality lab inventory management software is a key tool for optimizing all inventory management processes in your lab. With 16 years of development experience health software scientific organizations and labs, ScienceSoft can design and implement an inventory management solution tailored to the specific purposes of your lab.

ScienceSoft considers laboratory inventory management to be a crucial step on the way to making global laboratory management effective. As part of this initiative, digitizing inventory management operations can help labs like yours make tempting profits. Based on our projects, such as build and support Laboratory Management Software for a world-renowned supplier of laboratory equipment, software and consumables, I have summarized the 4 most prominent benefits that laboratory inventory management applications can bring.

If your lab inventory software integrates with barcode readers or QR code scanners (used as an application on a mobile device), it eliminates time-consuming and error-prone data entry tasks. by your employees while cataloging lab inventory. After scanning the label of an item, the integrated solution adds all the information about this piece of inventory to your lab’s inventory management system without having to fill in any fields in the spreadsheet manually. Some of our customers claim automatic data entry saves up to 40% of work time for laboratory and aid employees reduce laboratory management costs.

As soon as the data is entered automatically, lab inventory management solutions place it in HIPAA-compatible secure cloud storage and allow authorized users to access it in real time. So they can see how many lab supplies and samples there are right now in a particular lab or warehouse. This functionality decreases the possibility of sample loss, shortage of inventory, or excessive inventory. In addition, real-time inventory tracking allows you to monitor lab workflows from start to finish in real time.

Custom solution for managing your ScienceSoft lab inventory

The ScienceSoft team is always available for your applications and ready to design and implement your lab inventory management application that will make your lab very efficient!

Digitized lab inventory systems allow you to set alerts when supplies run out to replenish them on time and avoid stopping your lab processes. With a automated notification system so you can plan your inventory demand and feel confident about the availability of lab supplies.

As a more sophisticated way to anticipate inventory demand, I can suggest adding to it strong data analysis capabilities in your lab’s inventory management app to discover your supply consumption patterns and use them to predict future demand. Alex Bekker, head of ScienceSoft’s data analytics department, created a solid guide on inventory management based on data science, where you can find useful information on different approaches to inventory optimization.

“The feature helped us substantially reduce downtime costs,” says one of the labs ScienceSoft worked with.

In your inventory management application, you can create a list of equipment that requires maintenance according to the current state of the equipment and the manufacturer’s recommendations. When it’s time to perform maintenance on a particular part, the app sends you a notification and assigns responsible maintenance specialists to do the job. This will help you avoid costly repairs i extend the life of your computer.

I believe that laboratory inventory management software is a vital element of a modern laboratory. Companies that already use it benefit from automated data entry, real-time inventory tracking, inventory demand planning and forecasting, and equipment maintenance and auditing scheduling procedures.

I know that digitally transforming your lab’s inventory management is a big step that requires a lot of effort, investment and time. But it is completely worth it. At ScienceSoft we are always happy to support labs on their path to the digital transformation of their inventory management. If you think your inventory management system needs an upgrade, feel free to do so send a line to my computer.

Are you looking for a solution to your healthcare IT challenge? Our experienced healthcare consultants are here to help.



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