ChemSW, Inc. announced the release of a revised and greatly expanded version of their ground-breaking white paper detailing best practices in chemical inventory management. An industry first, this white paper provides insights into leveraging industry best practices when implementing a chemical inventory system to help ensure system adoption and successful incorporation into lab processes. The updated and expanded version provides greater detail concerning key emerging technologies and the latest industry practices.

Companies that use chemicals in their labs and manufacturing processes must manage those chemicals in accordance with government safety regulations. To ensure that this is accomplished, these companies must at a minimum establish a system for managing chemical safety and quality data. Best practices, however, demand that companies go beyond this minimum of data management, leveraging the abilities of people, processes, and technology. This white paper illustrates how to apply best practices in chemical inventory management to achieve the most effective chemical inventory system.

Entitled "Best Practices for Managing Laboratory Chemical Inventory," the white paper examines the reasons why systems fail and why they succeed, as well as the true costs associated with chemical inventory management and cost savings that result when such a system is optimized for maximum effectiveness.

The revised and expanded version now available provides greater detail about estimating chemical inventory activity costs; building blocks to Best Practices; and, fire code reporting issues; as well as the ins and outs of outsourcing chemical inventory management to chemical management services and SaaS vendors. In particular, the new section covering outsourcing alternatives discusses the pros and cons of such solutions, what to expect and how to evaluate them. Because SaaS solutions are so new in this field, the characteristics and capabilities of such a solution as well as the components of best-of-breed SaaS software is discussed in depth.

Gaining control of the organization's chemical inventory by implementing best practices not only provides numerous opportunities for waste and cost reduction but also enables the organization to go beyond compliance to implement environmentally preferable purchasing, chemical exchanges, and other waste minimization and pollution prevention initiatives.

The white paper details how best practices chemical inventory solutions can deliver a high-performance, relational database system for tracking chemicals and other laboratory supplies. Further, a best practices chemical inventory system that works with other IT solutions enables labs to keep track of where chemicals are and how much are available, as well as generate reports and quickly access hazard information. Numerous illustrations supplement the text, as well as a self-diagnostic test that helps companies to determine the effectiveness of the current chemical inventory system.

About ChemSW

Founded over a decade 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 streamline laboratory processes and reduce chemical purchasing and disposal costs. ChemSW supports over 10,000 customers in more than 40 countries throughout the world.

About CISPro

ChemSW's CISPro Chemical Inventory System? solution is a high-performance, relational database system that delivers all the necessary tools to accurately track chemicals and supplies and meet safety and regulatory requirements, including bar code labeling, remote inventory control, document linking and links to MSDSs. An unlimited number of material classes can be tracked, including reference standards, with multiple security layers. Materials can easily be designated as GMP or lab use only, and inventories for individual business units can be maintained independently, within a single global database. The system interface can be adjusted based on custom logins, allowing the customer to specify what data each individual can access.

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