Research labs often don’t have the resources to monitor what their lab is buying, who the lab is buying from, and monthly spend. At Lab Spend, we’ve expanded the analytics to answer those questions! As context, if you don’t currently use Lab Spend, it’s a free lab management and inventory platform. Lab Spend enables each …
Biotechnology incubators have been helping science progress by building communities, hosting educational events, assisting with compliance, operations, and reducing costs such as having shared equipment. At a basic level, a biotechnology incubator is a shared facility where smaller companies work alongside each in a shared facility. In this post, we will explore two compliance complications …
P212121 becomes an authorized distributor of the complete MilliporeSigma product line. P212121, founded in 2010, provides industry-leading lab management and inventory software. MilliporeSigma (NASDAQ: SIAL) subsidiary of Merck KGaA, Germany – the world’s oldest pharmaceutical and chemical company. P212121 through its latest development, Lab Spend is excited to offer over 300,000 products from MilliporeSigma to …
We’re focused on creating great software for researchers. This means reviewing the functions that Lab Spend offers and in this post, we’re highlighting user interface improvements in the lab inventory section. Lab inventory shows items as cards as shown below: After clicking on item card, it expands showing additional actions: Submit Request, Mark Depleted, Checkout/Return, …
If you buy scientific supplies then you know it can be costly. The list price from major vendors is completely ridiculous. For example, Millipore Sigma (Sigma-Aldrich) is offering 6-inch long nose pliers for $63.40. Currently, Amazon is offering a similar (maybe better the handle looks nice) pictured below for $8.40 that’s over a 7.5x difference. …
At Lab Spend, we help labs monitor how they spend millions of dollars on research chemicals and supplies. The market is dynamic in that some labs are researching COVID-19 and are very busy. However, other labs could be closed or functioning in maintenance mode. Below is the total spending of all companies using Lab Spend …
We make free lab inventory software and are considering offering Bluetooth stickers as a better way to monitor lab inventory. This type of product doesn’t exist so we are reaching out to get feedback and see if there’s interest. The benefit to labs would be massive time savings since it would essentially eliminate barcoding, scanning, …
Integrating your procurement, inventory and safety data sheets (SDSs) management systems offers significant advantages over using separate, discrete systems. In this post we highlight the reasons and how using Lab Spend increase lab efficency. Lab Spend is an integrated system which begins by requesting a product at the top of the work cycle shown in …
Previously, we modeled what specific universities and companies were paying for acetone and gloves. Today, we’re taking a more macro-level view and answering more broad based. The data set we will be using contains over 10 billion dollars in pricing information. The data is comprised of information contributed by researchers, procurement departments and through freedom …
Lab Spend is designed to work with how research labs commonly order products. Initially, a researcher requests a product, the product is visible in a dashboard that the entire lab can view, Lab Spend looks for savings, if we find savings you can purchase through Lab Spend or continue with your current vendor. If you …