Lab inventory management solutions enable laboratories and scientific research institutions to streamline overall lab management; by efficiently handling lab inventory tasks, the entire lab benefits from reduced costs and increased productivity. With lab inventory management software, labs can more effectively monitor inventory, assess stock levels, forecast stock reordering, and eliminate inaccuracies when keeping track of resources. These solutions facilitate everything from simple labeling and documentation to maintaining auditable records and databases, as well as purchasing and scheduling.
While industry-specific lab inventory management solutions do exist, some can be used across the board, by biotech, drug, testing, and freezer labs. Some lab inventory management products are built into more comprehensive laboratory information management systems, while some complement existing electronic lab notebooks; some, however, do work and are sold standalone.
To qualify for inclusion in the Lab Inventory Management category, a product must:
Monitor and track inventory, stock, equipment, and/or other types of laboratory resources
Generate inventory records on a lab-determined basis
Support data input or import from Excel or third-party data systems