White Paper

Time Is Money: The Hidden Cost Of Inefficient Laboratory Practices

By Roja Azees and Dr. Haydn Boehm

Cost GettyImages-918508630

Maintaining detailed records of reagents is an essential part of maintaining scientific rigor in research. The systems used by the scientific community in documenting and managing this information, however, can be highly administrative, tedious, and surprisingly prone to errors. So, for many labs, reagent record management consists of routine, repetitive tasks involving manual data entries for each of, perhaps, hundreds of chemicals, solutions, and other consumables used in large, bustling life science laboratories. On the surface, spending a few minutes locating a reagent or manually documenting its details may be perceived as insignificant, but what remains largely overlooked is the resulting time sink that diminishes the laboratory’s overall performance.

Discover the main inventory management challenges faced by fast-paced biotech and pharmaceutical laboratories, and learn how this directly impacts research outcomes, costs, and regulatory compliance.

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