The lab can contain medicine or other types of chemicals. Such stuff needs good arrangement and category to avoid mixing the chemicals or medicines inappropriately. With such incidents, you can increase the level of level possibilities. Luckily you can use lab inventory management software to improve your lab inventory management. 

13+ Lab Inventory Management Software

1. CrelioHealth (formerly known as LiveHealth)

creliohealth formerly known as livehealth

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Rating: 4.8/5

Price: $500/month

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2. LabWare LIMS

labware lims

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Rating: 5/5

Price: Custom

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3. Labguru

labguru

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Rating: 5/5

Price: Custom

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4. Quartzy

quartzy

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Rating: 5/5

Price: FREE

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5. Freezerworks

freezerworks

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Rating: 5/5

Price: Custom

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6. Genemod

genemod

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Rating: 4.8/5

Price: FREE

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7. Lockbox LIMS

lockbox lims

Details

Rating: 5/5

Price: FREE

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8. CloudLIMS

cloudlims

Details

Rating: 4.8/5

Price: $100/month

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9. Uncountable Web Platform

uncountable web platform

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Rating: 5/5

Price: Custom

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10. ChemInventory

cheminventory

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Rating: 4.5/5

Price: FREE

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11. CryoTrack IMS

cryotrack ims

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Rating: 5/5

Price: Custom

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12. ItemTracker

itemtracker

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Rating: 5/5

Price: Custom

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13. LenavaLIMS

lenavalims

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Rating: 4.5/5

Price: Custom

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14. Progeny LIMS

progeny lims

Details

Rating: 4.4/5

Price: Custom

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What is Lab Inventory Management Software?

Lab inventory is the place where chemicals and medical stuff are stored. As we all know, medicines have different effects on people. That is why prescriptions from doctors are sometimes requested. Proper and flawless lab inventory is essential to avoid giving inaccurate medical products to your patients. Such incidents can lead to a couple of frustrating events which affect your organization. That is why experts developed lab inventory management software to help you manage your lab inventory effectively and efficiently. Such technological tool contains advanced features and functionalities capable of multi-tasking and fast operations. Lab inventory management software ensures flawless management and convenient methods.

Benefits

Medical institutions tend to receive hundreds of patients every day. Aside from that, there are regulatory processes that you also need to complete. With manual methods, you can’t expect to meet your objective. Lab inventory management software can process multiple procedures and review inventory conveniently. With this tool, you can ensure accurate insights and data analytics

Features

Multiple technology companies developed lab inventory management software. Incidents involving the mixing of medical products and chemicals are not uncommon. Such circumstances compelled medical institutions to look for ways to improve lab inventories. However, some platforms may not meet your expectations. Plus, the software is pricey. That is why it is crucial to research and evaluate the software’s capabilities before buying them. That way, you can prevent wasting money. Several platforms allow free versions and trials, giving you a chance to check them firsthand: 

Top 10 Lab Inventory Management Software

1. LabWare LIMS

LabWare LIMS includes certification of analysis, compliance tracking, electronic laboratory notebook, workflow management, and more valuable features. Labware has annual revenue of $88.5 million and 610 employees.

2. Quartzy

Quartzy includes invoice processing, purchase order management, requisition management, spend management, and more helpful features. Quartzy has annual revenue of $9.7 million and 67 employees.

3. Labguru

Labguru developed by BioData includes compliance tracking, instrument management, workflow management, and more innovative features. BioData has annual revenue of $5.8 million and 40 employees.

4. CrelioHealth (formerly known as LiveHealth)

CrelioHealth includes audit management, audit trail, calibration management, compliance tracking, billing, and invoicing. CrelioHealth has annual revenue of more than $5 million and more than 25 employees.

5. Genemod

Genemod reduces the time spent back and forth on traditional data entry methods, as well as unnecessary reagent repurchasing. Genemod has more than $5 million in annual revenue and more than 24 employees.

6. Uncountable Web Platform

Uncountable Web Platform enables hyper-efficient workflows, power visualizations, customer predictive models, and more innovative features. Uncountable has annual revenue of more than $5 million and more than 25 employees.

7. ChemInventory

Chemical Inventory Software includes structure searching, GHS safety information, large storage allocation, data security and privacy, and more advanced features. Chemical Inventory has annual revenue of more than $5 million and more than 25 employees.

8. Freezerworks

Freezerworks by Dataworks development includes data security, traceability, reporting, and statistics, sample management, and more contributive features. Dataworks development has annual revenue of $4.9 million and 34 employees.

9. CloudLIMS

CloudLIMS includes EMR/EHR, test panels, workflow management, compliance tracking, EDI, and more logical features. CloudLIMS has annual revenue of $3.3 million and 21 employees.

10. Lockbox LIMS

Lockbox LIMS from Third Wave Analytics includes sample tracking, storage management, protocol execution, inventory management, and more contributive features. Third Wave Analytics has annual revenue of $2 million and 14 employees.

FAQs

What is inventory management?

Inventory management is the practice of managing finished products, raw materials, ingredients, storing components, etc. Inventory management is a critical process in every company as the quality of your products depends on inventory management. Inventory management helps you avoid manufacturing and supply chain disruptions. With this process, you can ensure quality assurance and operational efficiency.

Why is inventory management crucial?

Inventory is a place used to store raw materials, ingredients, finished products, and other crucial components for your product. Inventory serves as the source to start the manufacturing process and production. Poor inventory management can lead to multiple negative chains of events, including supply chain planning disruptions which affect distribution. That is why good inventory management is essential to ensure smooth manufacturing operations and production.

Why do we need to keep track of laboratory data?

Tracking and knowing your laboratory data helps you better understand the management of your lab. Lab information management system allows you to evaluate and improve workflows, insights, and lad data effectively and efficiently. Understanding lab data helps you acquire accurate data analysis assisting you in assessing the risk and expiries of your products.

Laboratories contain critical products and materials usually needed for medication. That is why inventory management needs to be on its top performance. Since manual methods are not enough to handle all tasks and ensure accurate management, using lab inventory management software is the best choice. Lab inventory management software provides impressive assistance that improves operations and insights conveniently. 

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