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New White Paper Details the Financial Benefits of Chemical Inventory Management for Laboratories

A new white paper, Quantifying the Financial Benefits of Chemical Inventory Management Using CISPro®, examines recent study results that identify financial benefits, trends and developments realized by ChemSW’s CISPro chemical inventory system users.


The study examines fourteen key parameters-from reporting to labor costs-related to chemical inventory management to determine how technology has helped users streamline associated processes and costs.


The survey results and subsequent determination of the financial benefits are presented, including a cost benefit case study for a Return on Investment (ROI).


“Customers realized increases in efficiencies for laboratory operations, inventory management, inventory reporting, MSDS management, procurement, and waste management,” explains ChemSW’s Senior Business/Financial Consultant Darryl Braaksma. The survey findings walk the reader through a calculation of the financial benefits that can be gained through more efficient chemical inventory management, use and reporting.


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