FAIRFIELD, CA--(Marketwire - Jun 29, 2012) - ChemSW, Inc. is proud to announce that Lab Manager Magazine has published an article by financial expert Darryl Braaksma that explains the benefits of implementing material tracking software using bar code technology.
A discussion of the results of an in-depth survey of customers using ChemSW's CISPro™ chemical inventory system is provided as well as of a cost-benefit case study that explains how laboratories can calculate their own return on investment (ROI).
The study examines how technology has helped customers to streamline chemical inventory and associated processes and costs. Fourteen key parameters -- from reporting to labor costs -- that relate to chemical inventory management were assessed.
"Our customers responded favorably across the board for realizing increases in efficiencies for each of the areas studied: laboratory operations, inventory management, inventory reporting, MSDS management, procurement, and waste management," explains Braaksma. "The survey findings enabled a calculation of the financial benefits gained through more efficient chemical inventory management, use and reporting."
The article can be found at http://www.labmanager.com/?articles.view/articleNo/7801/
For more information about the chemical inventory management study, please request a copy of Braaksma's white paper "Quantifying the Financial Benefits of Chemical Inventory Management Using CISPro" at http://www.chemsw.com/White-Papers/Financial-Benefits.aspx
Founded over two decades ago, ChemSW is a leading provider of chemical and biochemical inventory management systems, MSDS systems and other chemistry laboratory software and services. ChemSW's wide range of products enables organizations to efficiently manage assets and processes. ChemSW supports over 10,000 customers in more than 40 countries throughout the world. For more information, visit www.ChemSW.com or call +1 707-864-0845.