How can we help your lab run better? It’s a question we’re always asking! Today, we’re excited to announce a new feature called Spend Codes. What are Spend Codes? Spend Codes act as tags that you can assign to any product request or order to help track your spending. For example, you can use spend …
The landscape of research and development is rapidly changing. A relatively new concept are biotechnology incubators and accelerators. These facilities help usually smaller companies by providing lab space (more incubator) and services (more accelerator like). Bio-incubators play a critical role in supporting entrepreneurs who are developing new technology. A bio-tech incubator has tenants that are …
When developing the chemical inventory system in Lab Spend, we wanted to included GHS Pictograms. Uniquely, we allow GHS pictograms to be displayed next to each item to reduce the friction in finding looking them up in the safety data sheet (SDS). Lab Spend allows users to look up the GHS Pictograms, enter them and …
Regulatory Aspects Chemicals that are on a specific list, need to determine which apply to your organization and what type of information and/or data do you need to know and possibly extract about your inventory. This can be in the form of complying with specific items such as CFATS, volume related reporting such as Tier …
When consulting with biotech companies they’re often considering a variety of ways to save money and operate more efficiently. Here are five points to consider when trying to improve both: Price Benchmarking It’s important to select items for improved pricing when there’s margin to do so for the supplier or they’ll just decline. Also it’s …
Yes, the trend is that universities have better prices than companies as our previous post shows. However, it does vary by universities and company and even at the item level. In the table below, we’re modeling what major companies and universities are paying for a commonly used research product. The table below is displaying the …
Yes, the trend is that universities have better prices than companies. However, it does vary by universities and company and even at the item level. In the table below, we’re modeling what major companies and universities are paying for a commonly used research product. The table below is displaying the current price for UltraSense™ Powder-Free …
Think you’re getting the best price on VWR and Fisher Scientific? Think again. We all love scientific suppliers, and for good reason: these companies sell almost everything. Despite these companies being dominate in supplying researchers, it’s easy to assume that you’re always getting the best price – but that’s often not the case. Yes, we know …
Fisher Scientific, VWR and Sigma-Aldrich (now MilliporeSigma) are the three commonly used suppliers to scientific research labs. Researchers will often compare the prices between these brands while making their purchasing decisions. All of these companies offer unique products, but many are essentially commodities. For commodity items, pricing can be a major factorin deciding who to …
Entering and updating the data your lab inventory is a tedious process. Lab Spend can now autofill millions of inventory fields. Simply start entering your item details as usual. If there’s an item match in the Lab Spend system, you have the option of selecting to have the information autofilled. Here’s an example from product …