Investing in Lab Inventory Management software few options to be considered.(Part-04)

Investing in lab inventory management software can be a great way to improve efficiency in the lab. It can help with tracking and managing inventory, as well as provide an easier way to manage data. This article will provide a brief overview of the different types of lab inventory management software available and the features they offer.

We know, spreadsheets are a cost-effective and effective method for managing your inventory. However, they are susceptible to errors, such as those caused by manual data entry. Stock administration programming, or a LIMS, can be a far superior decision.

Good lab inventory management software (LIMS) should have following features:

• Data collection from connected devices should be automated by lab inventory software. Further permit lab staff to plan hardware support. It is possible to use Lab Inventory Software to monitor hundreds of laboratory assets, notify staff of instrument or equipment failures, anticipate failures before they occur, and ensure regulatory compliance¹.
• In the event that Lab Inventory administration training is viable for your lab, at the software installation stage to acquire the best expense, time and asset reserve funds by adequately teaching and empowering lab staff, so the product is utilized to its fullest potential. Training is one way to accomplish this⁴.
• Inventory software should adhere to procedures and permit authorized users to submit order requests from the laboratory floor¹.
• Inventory software should keep track of your stock levels of inventory such as Reagents, Lab chemicals and other consumables frequently used in the experiments¹.
• LIMS ought to can furnish likewise give you dashboards to follow stock levels and inform you when you are getting low to set off a reorder for the concerned consumable¹.
• Based on the experiments that are being conducted, LIMS ought to be able to trace usage back to the user or department¹.
• Inventory software should be able to remotely design, carry out, and share protocols. These arrangements were basic in supporting research centers with restricted on-site access.
• Software for asset and inventory management ought to also connect products to safety data sheets (MSDS). We have to consider before purchasing Research LIMS.
• Modern LIMS has capacity of track the location of reagent, consumables; by simply scan the barcode on the supply and its location whether that is a freezer or an area in your stock room.  You will have the traceability you need to keep an accurate inventory and find what you need when you need it¹.
• A modern LIMS software solution ought to permit site- and task-specific configurations and roles, granting users the authorizations they need to complete their tasks.