10+ Best Lab Inventory Management Software for Laboratories & Scientific Research Institutions

From reordering supplies to tracking inventory items that are inching toward their expiry, the lab inventory management software helps you accomplish a lot of tasks. The software is meant to automate the traditional way of managing & controlling lab inventory, eliminating the errors arising out of human mistakes. Thanks to such a solution, you can not only evaluate inventory levels at any given time but also make rational, near-accurate inventory forecasts to keep the stock up-to-date. Besides, the system assists you in carrying out tasks, such as documentation, labeling, record keeping & examination and database maintenance. The purchase and sales schedules also become simplified and streamlined. While some lab inventory management tools are standalone systems, some are part of a more comprehensive large lab management system. Since a lot of options are available in the market, we’ve made this list of the best chemical inventory management software to save you time.

best-lab-inventory-management-software

» Our score is based on user satisfaction (reviews & ratings), social media buzz, online presence, and other relevant information. If your software is part of this list, use this badge on your website and social media to let your readers know about your success.

List of Top Chemical Inventory Management Software | Best Inventory Software for Clinical Laboratory

#1

Quartzy

#1

Quartzy

Take control of your inventory

Quartzy is the best lab inventory management software which is designed to help labs to improve lab management and standardize the process. Quartzy is an inventory management software that helps laboratories. It was created to help labs to streamline their inventory management practices, adopt standardized practices across different scientific fields, and manage research supplies in academic settings. It improves inventory management and standardizes the process and can be used within a wide range of scientific fields. It provides users with an easy-to-use interface and helps departments by reducing the number of unused supplies by allowing users to reorder or resell needed items using the same tool they use to track their inventory budget.
  • Quartzy
  • United States
  • 50 - 200
  • 2009
  • $159.00 /month
  • Yes

Visit Website

4.6 / 5

Our Score98/100

Quartzy Review

"We keep all our plasmids, cell lines, and bacterial stocks on Quartzy. It’s great to be able to quickly search Quartzy, find what you’re looking for, and retrieve it for an experiment." - David Bryant

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#2

Genemod

#2

Genemod

It’s time to visualize your inventory

Genemod is the best lab inventory management software for any biotech company or research institute. The inventory software is designed to keep lab labs running smoothly and efficiently. Genemod can record the details of your lab's inventory, including name and unit number, as well our simple system allows you to search through your lab's inventory history and find invoices by items. The app also offers a variety of useful reporting tools that make it easy for you to stay on top of your expenses without having to manually log each item.
  • Genemod
  • United States
  • 11 - 50
  • 2018
  • Not provided by vendor
  • Yes

Visit Website

4.7 / 5

Our Score96/100

Genemod Review

“Genemod allows our team to manage inventory data end-to-end in one single platform. It is very easy to use and has greatly improved our efficiency.” - Ryan K.

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#3

eLabInventory

#3

eLabInventory

Flexible lab inventory management Software

eLabInventory is the best lab inventory management software program. Lab inventory management is a vital part of any lab and this software can help make it easier for you by tracking your inventory with the simple click of a button. Lab managers are able to use eLabInventory to record their inventory, and analyze their stocks in order to determine what items need replacing or if they are in danger of running out. With eLabInventory, you can perform tasks like managing your lab's budget, calculating your total cost per unit, and more! Best of all, everything you do within the software is securely backed up.
  • eLabNext
  • Netherlands
  • 11 - 50
  • 2010
  • Not provided by vendor
  • Yes

Visit Website

5 / 5

Our Score96/100

eLabInventory Review

"When we started as a lab in August 2019, we were looking for a reliable and user-friendly online freezer inventory system. We surveyed a few and found them to either have complicated interfaces or be very costly. eLabInventory is a great blend of easy-to-use and cost-efficient. We use it daily to track and log our samples in our freezers, and would be lost without it. It is intuitive to search and find samples, or enter newly created samples into the system." - Nathan Singh

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#4

Benchling

#4

Benchling

Lab inventory management software natively unified with your life science cloud

Benchling is one of the best lab inventory management software which can offer you a variety of analytical tools to track and manage lab inventory. It's easy to use, with no installation required so you can access your inventory data from any computer or mobile device with an internet connection. It is a Fast and easy-to-use interface, Sophisticated search and reporting tools. Provides Inventory integration, so you can manage your inventory across multiple systems.
  • Benchling
  • United States
  • 500 - 1000
  • 2012
  • Not provided by vendor
  • No

Visit Website

4.9 / 5

Our Score96/100

Benchling Review

"With Benchling, it's so much faster and easier to find the information that you want, and share information even in real time. Series of experiments go faster, program timelines go faster, and it shortens the timelines for the development of our therapeutics." - Cherylene Plewa

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#5

Labguru

#5

Labguru

Best Lab Inventory Management System

Labguru is one of the best lab inventory management software available today. It streamlines inventory improves workflow and saves you time. Labguru’s comprehensive functionality includes lab inventory management, sample management, equipment tracking, and detailed reporting. Labguru is a complete laboratory solution that makes it easy to track your lab supplies, order consumables, and manage your samples.
  • BioData
  • United States
  • 50 - 200
  • 2007
  • Not provided by vendor
  • No

Visit Website

4.7 / 5

Our Score96/100

Labguru Review

"Labguru helps us monitor the quantity and frequency of materials being ordered to avoid duplication." - Dr. Kathy Ivey

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#6

LabWare LIMS

#6

LabWare LIMS

Laboratory Information Management System

LabWare LIMS is the best lab inventory management software available in the world. It is used by many of the highest-grossing laboratories in the industry to manage and track their inventory, provide quality assurance, and eliminate wasteful practices. The LabWare LIMS interface makes things simple and easy for users to find what they need in order to manage their inventory and work more effectively in their laboratory environments.
  • LabWare
  • United States
  • 500 - 1000
  • 1987
  • Not provided by vendor
  • No

Visit Website

4.4 / 5

Our Score96/100

LabWare LIMS Review

"LabWare provides a positive Return On Investment (ROI) for our organization. The impact of LabWare on Quasfar has been productivity increases, process improvement, data integrity, regulatory compliance, systems integration, paperless lab, and cost reductions." - Quasfar

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#7

CrelioHealth

#7

CrelioHealth

Choose Between Custom-made Packages For Your Lab Inventory

CrelioHealth is the best lab inventory management software in the market. It is exclusively designed to keep tight control of ordering and inventory of lab instruments, with ease and automation. With this software, you can monitor everything from one single platform so you don’t have to put in more effort than necessary. CrelioHealth is not just limited to labs, but it also suits the needs of hospitals, clinics, and any other medical organizations where inventory needs to be managed efficiently. Supply management cannot happen without the proper usage of lab instruments.
  • CrelioHealth
  • India
  • 50 - 200
  • 2013
  • $750.00 /mo
  • Yes

Visit Website

4.5 / 5

Our Score97/100

CrelioHealth Review

"Scheduling & Inventory Problems are being solved by Creliohealth for our business at the moment." - Danique S.

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#8

Arxspan Lab Inventory

#8

Arxspan Lab Inventory

Best Lab Inventory Management Software

Arxspan’s Lab Inventory is the best lab inventory management software available for identifying and sourcing products in the inventory. It comes with a user-friendly interface with powerful functionality that allows you to control your inventory and business operations more efficiently. You can import products to the system and you can also export the details of your products. This permits it to be used internationally which makes the software quite popular. A unique feature of Arxspan’s Lab Inventory is that it lets you manage inventory levels, much as you manage other business operations such as sales, marketing, production, and finance.
  • Bruker Corporation
  • United States
  • 11 - 50
  • 2009
  • Not provided by vendor
  • No

Visit Website

0 / 5

Our Score96/100

Arxspan Review

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#9

ChemInventory

#9

ChemInventory

Chemical inventory software for your lab

ChemInventory is the best lab inventory management software that has all the features that you need to manage your lab inventory. You will be able to log items, track expiration dates, create reports and send emails. ChemInventory has configurable reporting options which allow you to generate customized reports with a minimum of dialog steps. It is cost-effective and easy to use. When containers are added to your inventory, specific barcodes can be assigned to them. When doing laboratory duties like stocktaking, this barcode serves as a specific reference that stays with the container throughout its lifetime.
  • Chemical Inventory
  • United Kingdom
  • 1 - 10
  • 2014
  • $39.00 /year
  • Yes

Visit Website

4.4 / 5

Our Score96/100

ChemInventory Review

"ChemInventory is a great product with great customer service. The company works to meet your needs and provides a seamless, feature-rich inventory product that has no rival anywhere near this price point." - Dennis Bong

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#10

Uncountable

#10

Uncountable

The software for innovative R&D workflows

Uncountable is the best lab inventory management software. It uses a simple PDF report to help your company track its lab inventory. The inventory reports are generated automatically, so your company doesn't need to worry about data entry. Uncountable is the best inventory management software that can be used as a PDF report with the data already pre-entered in the PDF report and allows for tracking of up to two devices. Unlike other companies that charge a fee for its use or require manual entries of data into your files, Uncountable is free and easy to use with no hassles.
  • Uncountable
  • United States
  • 11 - 50
  • 2016
  • Not provided by vendor
  • No

Visit Website

5 / 5

Our Score96/100

Uncountable Review

"Working with Uncountable has enabled a new level of knowledge access and capture across our organization, from R&D to Product Management. We're able to develop and deliver products faster with Uncountable." - Russell Schwartz

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#11

Colabra

#11

Colabra

Digital inventory management for physical research labs

Colabra is the best lab inventory management software for laboratories, pharmaceutical companies, and universities. You can efficiently manage lab consumable inventory management and lab equipment maintenance for multiple labs or companies without the need for additional consultants or staff. This Lab Inventory Software is safe to use by any user, from novice to expert. By using Colabra you are can view a live feed of inventory in your chosen location which is essential when managing a significant fleet of laboratories in different locations around the world.
  • Presearch
  • United States
  • 1 - 10
  • 2020
  • $99.00 /mo
  • No

Visit Website

0 / 5

Our Score96/100

Colabra Review

“Colabra has the opportunity to speed up productivity and insights across industry, startups, and some of the most important research organizations on the planet.” - Matt De Silva

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#12

Terso

#12

Terso

RFID inventory management systems

With this inventory management software at Terso, you have the ability to track inventory in your warehouse and keep tabs on what is moving and what is not. This software will also provide an overview of your current stock levels as well as an idea of how much space you need to fill. This tool has proved to be a great help for small businesses looking for a more efficient way to handle inventory. The intuitive user interface allows easy navigation through the most important parts of the system.
  • Terso Solutions
  • United States
  • 50 - 200
  • 2005
  • Not provided by vendor
  • No

Visit Website

0 / 5

Our Score96/100

Terso Review

"TrackCore and RFID technology has definitely decreased full time hours and staff involvement needed to manually manage inventory. There used to be several employees tasked with various pieces of the audit logs, now I can handle everything myself because of the efficiencies of the application." - Donna Hafemeister

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#13

SciNote

#13

SciNote

Inventory Management & Tracking for Scientific Laboratories

SciNote is the best lab inventory management software that is used in thousands of labs around the world. The interface is clear and simple to use, no matter how complicated your lab work is. And SciNote has a lot of features that make it a great product for any lab: 24/7 customer support, real-time reporting, and analytics, built-in time tracking and shift management, time-based budgets with easy granular control over each department's budget allocation.
  • SciNote
  • United States
  • 11 - 50
  • 2015
  • Not provided by vendor
  • Yes

Visit Website

4.1 / 5

Our Score96/100

SciNote Review

"I have found SciNote to be my top choice among the ELNs. SciNote has set a new standard for the future of data management." - Alexander Sougiannis

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#14

LabCup

#14

LabCup

Chemical inventory and Laboratory Management

LabCup is one of the best lab inventory management software tools in the industry. LabCup was designed with one goal in mind, simplifying inventory management for laboratories requiring truly modern solutions and customizations. An easy-to-use interface allows you to use LabCup with a click of a button as well as scan barcodes from an item’s label that can be saved for quick retrieval later on. In addition, get automatic alerts if an order runs low or is about to expire making you aware of any inventory issues ahead of time.
  • LabCup
  • Ireland
  • 11 - 50
  • 2014
  • Not provided by vendor
  • No

Visit Website

5 / 5

Our Score96/100

LabCup Review

"We have been using LabCup laboratory inventory technology since 2014 first as a pilot scheme with full role out summer 2016. The LabCup technology offers us a broader service beyond just tracking chemical products held by the various departments in our School. It has provided us with a complete regulatory compliance and chemical verification solution, connecting all parties within our laboratory inventory chain. In addition we already see and expect significant savings by eliminating duplicate Chemical purchase amount the various departments in our School." - Ray Keaveny

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#15

Finale Inventory

#15

Finale Inventory

Powerful Inventory Management Software for your Growing Business

Finale Inventory's inventory management software not only helps you to manage your inventory, but it also helps you to pay your staff easily and on time. There is no complicated entry process as well as no subscriptions or contracts. The software takes care of all the time-consuming tasks that having an inventory can take away from your business. These include keeping track of the products in stock, checking if items need to be restocked, identifying low stock levels, handling customer returns, and more.
  • Finale Inventory
  • United States
  • 11 - 50
  • 2009
  • $75.00 /month
  • Yes

Visit Website

4.7 / 5

Our Score98/100

Finale Inventory Review

"Before finding Finale Inventory, we were having major inventory control issues. Managing inventory at our 10 warehouses was a challenge but Finale Inventory's simple, easy to use platform was quickly able to solve all of our inventory control issues. They are a big reason why we continue to move up the list of America's top 500 growing companies." - Mike Ginsberg

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#16

JAGGAER

#16

JAGGAER

Track and manage stockroom inventory directly in your eProcurement solution.

JAGGAER is one of the best lab inventory management software available for lab institutions. The JAGGAER lab inventory management software is an awesome inventory and project management tool that will help you stay organized and efficient, no matter how much your laboratory expands. Some of its features are advanced inventory management, integrated data reporting, and customized lab bookkeeping. The software will help you track your stocks by dropping them off or picking them up from the shop, library, and lab desk.
  • JAGGAER
  • United States
  • 1000+
  • 1995
  • Not provided by vendor
  • No

Visit Website

4.5 / 5

Our Score96/100

JAGGAER Review

"We have captured many benefits thanks to the decision we took to extend our JAGGAER implementation to include sourcing. Transparency, accountability, speed of response and great efficiency with a lean team of 10 people spread across the state. And not least, double-digit cost savings on our electronic sourcing bid events." - Scott Schlotthauer

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#17

Insysiv

#17

Insysiv

A solution to easily track, trace, and audit your inventory from product to patient.

Insysiv software is the best lab inventory management software which is straightforward to use. It has inventory management software which is simple and easy to use. It has a variety of features that make it convenient for accounting, inventory management, and process improvement. Insysiv software helps in managing inventory which is the largest part of your business processes. It allows you to keep track not just of your physical goods but also of digital ones such as mobile devices and software products. In many instances, the separation of goods from those digital products can get complicated.
  • INSYSIV
  • United States
  • 1 - 10
  • 2012
  • Not provided by vendor
  • No

Visit Website

0 / 5

Our Score96/100

Insysiv Review

"Insysiv metrics are great for live inventory turns and total value of inventory daily. It’s great for cost per case and cost by physician. This really helps to reduce our cost per case. Insysiv has been great to work with and is always available for support. They have a great team." - Mark M.

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#18

Freezerworks

#18

Freezerworks

Simply the Best Inventory Software

Freezerworks is the best lab inventory management software, which makes your work easier when you are running a lab. It helps manage stock, save money, and make use of resources. Freezerworks helps laboratory technicians keep better track of their inventory by adding items to their list, monitoring stock levels and expiration dates, replacing expired products with new one prior to their expiry date, and submitting requests for needed materials.
  • Dataworks Development
  • United States
  • 11 - 50
  • 1987
  • Not provided by vendor
  • No

Visit Website

4.7 / 5

Our Score96/100

Freezerworks Review

"I’ve never had accounting software that does inventory like this." - Patt Knoff

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#19

Lockbox LIMS

#19

Lockbox LIMS

Automate inventory creation & consumption

Lockbox LIMS is one of the best lab inventory management software programs out there. It's a complete inventory management system that provides you with the tools you need to be more efficient and productive. Lockbox LIMS is different because it is specifically designed for lab settings and laboratories that have unique needs like storing hazardous materials, multi-unit items, or very large volume items. Lockbox LIMS has been in use by labs on every continent since 2004 because of its distinct advantage over other software: it's customizable to your specific needs!
  • Third Wave Analytics
  • United States
  • 11 - 50
  • 2014
  • Not provided by vendor
  • No

Visit Website

4.9 / 5

Our Score97/100

Lockbox LIMS Review

"We have been using Lockbox LIMS for over a year and a half and we couldn't be happier. We use Lockbox to track sample attributes, storage locations, and sample lineage. The customer support has been excellent. I wholeheartedly recommend Lockbox to any research lab, QC lab, or other type of organization that needs a LIMS." - Ryan Carris

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Lab Inventory Management Software – Buyers guide

Laboratories, scientific research institutions, and other places have no space for assumptions and human errors. As scientists, researchers, lab managers, and other professionals must deal with crucial lab equipment and materials daily, they must handle all those goods carefully. They must keep track of them to ensure seamless workflow processes.

In today’s tech-driven era, if you still practice the traditional way of managing lab inventory, you might open many doors to accidental hazardous situations. Using the best lab inventory management software for laboratory and research institutions may be the all-in-one solution you are looking for.

This complete guide will teach you many crucial elements of lab inventory management systems, like why they are essential. Their top features, benefits, and characteristics. Professionals who use the solutions. Steps to find the best solution and cost factor.

» What is Lab Inventory Management Software?

Managing the inventory of laboratory or scientific research institutions means keeping track of inventory levels throughout the facilities during all inventory processes and their different stages to ensure efficient consumables and materials.

Additionally, it helps prevent overstocking and understocking of inventory by accurately predicting demand for consumables and materials utilization.

Lab inventory management software is an online cloud-hosted solution. They allow users to streamline comprehensive inventory management processes, such as tracking, sorting, maintaining, forecasting, reordering, and automating.

Using the solutions may reduce costs and improve productivity for laboratory and research institutions. Many laboratory inventory management software is available in the market with various robust features. Users can leverage those features no matter how big their laboratories or institutions are.

» Why are Lab Inventory Management Systems Important?

Laboratory inventory management software is specially built tools dedicated to assisting laboratory or scientific research institution professionals in performing tasks like managing laboratory equipment, tracking, and controlling inventory.

The laboratory inventory management software has robust features like customization, centralized storage, real-time tracking, reorders, reports & notifications, analytical abilities, and workflow automation.

The system’s primary target is to manage lab inventory, like consumable material, components, samples, and equipment, efficiently and precisely.

Furthermore, the tools allow users to track and manage laboratory supplements and equipment in real time for better visualization at every inventory level.

» Top Features of Lab Equipment Management Software

Nowadays, most laboratory inventory management software offers top-notch features to facilitate institutions in achieving higher goals. Some of the eye-catching features are as follows:

› Inventory Management 

It is the most crucial feature of any laboratory inventory management system. It enables users to add, edit, and manage the inventory data of the laboratory. It also helps users track and maintain consumables and materials in the laboratory to automate reordering as required.

Centralized Data Storage

Lab equipment management solutions facilitate users with centralized data storage. Meaning the solutions store all the laboratory data in one place. It helps users to find crucial data in less time, along with other filter functionality.

Scanning Barcode

Today, most lab inventory management solutions come with the technology of scanning barcode stickers. The solutions allow scanning barcode stickers and automatically storing crucial data in the system. The essential data includes product name, ID number, purchase order, vendor name, cost, and quantity.

Equipment Tracking

This feature is very crucial when users urgently require specific equipment. The tools allow users to track particular equipment or products and display their exact storage locations. Moreover, users can prevent the loss, misplacement, or stealing of expensive equipment and tools using this feature.

›  Data Analysis & Reporting

Many lab inventory management solutions come with exceptional data analytical abilities. Using these abilities, users can generate crucial metrics that give users vital insights into materials consumption in the laboratory over time. Moreover, users can create reports based on insights that may reveal current trends and bottlenecks for inventory management.

›  Alerts & Notifications

Lab inventory management solutions provide users with alerts and notifications for crucial processes. Users can set a minimum quantity or level for certain equipment or materials. When that minimum quantity or level is reached, the solution gives you alerts and even sends notifications for that. It helps users prevent understock situations.

Automation

Laboratory inventory management systems can automate many crucial processes. One of them is automated ordering. The solutions allow users to set minimum inventory levels for specific stocks. When those stocks meet that minimum level, an automated process of placing orders will start. It ensures efficient inventory levels to streamline the workflow.

Access Management

Using the access control feature, lab inventory management systems can provide robust security to your necessary materials and data. This feature allows users to grant access to specific materials and data to particular users only. They can also set access levels to enhance security. It ensures that critical materials and data are not misused or stolen.

Customization

Most lab inventory management software supports full customization for meeting specific requirements of laboratories and institutions. Suppose users want to set custom rules and regulations for specific processes. Or they want to configure reports and analysis.

Integration

Many lab inventory management software supports native and third-party integrations. These integrations facilitate users with vital inventory management processes, like word processing, spreadsheet, database, project management, eCommerce platforms, barcode scanning, customer ERP system, ELN (Electronic lab notebook), and LIMS (Laboratory information management system).

» Characteristics of Lab Inventory Management Software

While there are lots of laboratory inventory management systems available in the market with first-class features, several systems’ characteristics should make a difference for laboratories and institutions. Let’s have a look at some of them. They are as mentioned below:

Cloud Hosted

Lab inventory management systems are cloud-based SaaS tools. All users have to do is pay for the solutions, and they are ready to use. Furthermore, they require less maintenance than traditional on-premises tools and are accessible remotely regardless of location.

RFID Tags

Some lab inventory management software supports radio frequency identification (RFID) tags technology for tracking expensive and sensitive equipment and materials. Real-time tracking of these smart tags ensures the safety of sensitive equipment and materials.

User Management

Lab inventory management solutions enable admins to create a number of users, grant them different access levels, and specify their roles and responsibilities in managing lab inventory. Admins can track users’ activity anytime from a centralized dashboard. It allows admins to see a bigger picture with a better visualization.

» What are The Benefits of Using Lab Inventory Management Software?

Users can leverage magnificent benefits from using above mentioned top-level features and characteristics of the best chemical inventory management software. Some of the benefits that might catch your eye are as mentioned below:

Less Human Errors

Lab inventory management software offers top-notch features to prevent human errors. For example, automation of the ordering processes rather than manual ordering ensures timely orders of essential materials and tools required for crucial laboratory processes.

24×7 Mobile Accessibility

Many lab inventory management solutions have mobile app versions. Users with credentials and active internet mobile devices can access the inventory data through mobile apps. It provides full mobile accessibility 24×7 to track lab inventory and get important alerts and notifications in real time.

Multi-device Responsiveness

Laboratory inventory management systems are becoming more and more responsive. They support operating over devices like smartphones, tablets, laptops, and desktops. No matter which device users may use, the tools give the best performance to improve user experience and greater flexibility.

Greater Scalability

Nowadays, many lab inventory management solutions come with scalability. Users can tailor them as per requirements. For instance, small laboratories can implement essential lab inventory management solutions. As the laboratories grow bigger, users can scale the solutions as well.

Robust Security

As the solutions are cloud-hosted and store the comprehensive lab inventory data in a centralized place, the security of the data has become a more concerning factor for software providers. The tools provide encrypted API protocols to ensure data safety all the time.

Improves Efficiency and Productivity

Using the automation feature of lab inventory management solutions, users can automate many time-consuming inventory management processes and saves time for other crucial tasks. I.e., tracking stock levels and reordering stocks when stock levels are down to a minimum. The automation process improves users’ efficiency and productivity.

Advanced-Data Analysis

Lab inventory management software allows users to analyze the lab inventory data and better visualize inventory usage rates and order history. It provides actionable insights to make data-driven decisions and optimizes resources.

Smooth Workflow Process

Many lab inventory management software offers features, like barcode scanning and equipment tracking, that enable users to smoothly update inventory information in the database and streamline the inventory management workflow process.

Ensures Safety and Security

Many lab inventory management software includes features like RFID tags, real-time equipment tracking, and alerts & notifications. Using these features, users can effectively track and manage sensitive materials and equipment and ensure they are labeled and stored correctly. Moreover, users ensure they are safe and secure from getting into the hands of unauthorized users.

» Lab Inventory Management Software Users

The following is a list of the individuals and professionals who might require lab inventory management software:

    • Laboratory Manager: One who monitors the comprehensive processes of laboratories. The processes include procurement of inventory and materials.
    • Scientific Institution Researcher: One who uses a lab inventory management tool to manage and maintain inventory crucial for research, such as chemicals and materials.
    • Research Scientist: Professional whose work is related to scientific research and that work depends on accurate and efficient resource management.
    • Quality and Safety Assurance Professional: One responsible for ensuring safety and maintaining quality while managing inventory for laboratory and scientific research institutions.
    • Facility Manager: This individual is responsible for optimizing and managing the physical location of a laboratory for storing and maintaining supplements and equipment.
    • Medical Professional: Doctor, nurse, or other medical and healthcare professional uses medical laboratory inventory management software for accurate management of samples and supplies in the inventory of the medical laboratory.
    • Instructor: A professional in the education industry requires a lab inventory management solution for instantly accessing equipment and supplies for teaching purposes.
    • Lab Technician: One who assists medical professionals in completing day-to-day tasks of the laboratory, including inventory management.
    • Pharmacist: One who works in a pharmacy station and tracks and maintains drug inventory for patient requirements.
    • Regulatory Compliance Officer: Professional responsible for ensuring the laboratory meets industry standards. He/She must monitor the supplies and ensure they are utilized within laboratory boundaries.

» 5 Simple Steps to Find The Best Lab Inventory Management Software (Don’t Forget the Last Step)

If you have tried exploring different lab inventory management software by yourself, you would know how hard it can be to choose the right system for your laboratory. No worries! By following these five simple steps, you may be able to pick the right one. They are as below:

    • Step 1 Define Requirements
    • Step 2 Set Budget Limit
    • Step 3 Research and Compare
    • Step 4 Try a Demo
    • Step 5 Reliable Customer Support and Maintenance

Step 1 Define Requirements

Not only for choosing lab inventory management solutions, but this step 1 may apply to choosing any software for any industry. In step 1, users must define their laboratory or scientific research institution requirements. They must identify their facilities’ scale, like a small, medium, or large. They must also signify how many users may operate the software.

Many software comes with different levels of scalability, and above mentioned factors may help you in further process.

Step 2 Set Budget Limit

After defining the facilities’ requirements, the next step is to set a budget limit. Newly established facilities might have a limited budget. Hence, they must set a budget limit to ensure the right amount of money may spend on the right tool.

Step 3 Research and Compare

In this step, users must research on the internet and list some lab inventory management solutions for comparison. Ensure that the solutions they list out may fulfill their defined requirements and don’t exceed their budget limit.

When the listicle is complete, users should cross-check different factors, such as easy-to-use UI, maximum essential features included, top-notch security, and lower price.

Step 4 Try a Demo

Many lab inventory management software offers free trials of their solutions with premium functionality for a certain number of days. It is the chance that users can use the solution to its fullest and check its performance.

Furthermore, users can check which features they need to run the facility effectively and efficiently.

Step 5 Reliable Customer Support and Maintenance

It is the final step of choosing the best lab inventory management software. It is very crucial. However, many might not feel the same.

When users choose any lab inventory management solution, they are bound to use their customer support and maintenance services now and then for many reasons. They might need customer support to implement the solution in the facility. Or they might need help understanding how advanced features work.

Timely system updation and maintenance are also needed for updating new features and bug fixes to the solutions. Hence, users must ensure the software is reliable and provide the best customer support and maintenance.

» How Much Does Lab Inventory Management Software Cost?

Lab inventory management software comes with different cost structures depending on various factors, such as their scalability, features accessibility, capabilities, and the number of users. The average cost for the solution starts from $30 and may go higher than $800+ per month.

Many solutions offer yearly subscription cycles for convenience. The average annual subscriptions start from around $35 to $40.

Furthermore, some software offers one-time payment and a lifetime license to use for a couple of thousand dollars prices.

Some lab inventory management solutions are free to use. These solutions are helpful for small-scale laboratories and research institutions. However, when these facilities scale, they must consider paid lab inventory management software for better efficiency and seamless workflow in inventory management.

» Conclusion

In this technology-driven era, you can find the best lab inventory management software for laboratories and research institutions over the market. However, going through the process of choosing the right solution that may justify your requirements can be daunting.

With some dedication and following the above provided five simple steps, you may be able to make the right decision. The only question is, are you ready to use lab equipment management software?

Frequently Asked Questions

What are The Best Features of Lab Inventory Management Software?

Following are some of the best features of laboratory inventory management systems:

  • Scanning barcode
  • Data analysis & reports
  • Automation
  • Access Management

You can find a brief discussion about these features and other top features in this guide’s top features section.

What are The Characteristics of Lab Inventory Management Software?

Following are the characteristics of lab inventory management solutions. You can find detailed information about them in the characteristics section of this guide:

  • Cloud Hosted
  • RFID Tags
  • User Management

Is Lab Inventory Management Software Support Integration with Other Tools?

Yes, many lab inventory management software support integration with other systems, such as word press, spreadsheets, databases, RFID tags, and barcode scanning.

Who Can Use Clinical Laboratory Inventory Management Software?

Many individuals and professionals, such as laboratory managers, facility managers, research scientists, and medical professionals, can use laboratory inventory management software for clinical laboratories and research institutions. There is a complete list of them with an easy explanation. You can find it in the software users section.

Do I Need to Pay to Use Lab Inventory Management Software?

Some lab inventory management software is free to use. However, if you have a medium or large-scale laboratory, you should prefer paid tools. After using the tools, you can see the difference in efficiency and productivity.