FREE WHITE PAPER: Best Practices for Managing Chemical Inventory

Effective inventory management of any kind involves getting the right inventory in the right place at the right time in the right quantity. Chemical inventory management focuses specifically on the controlling the activities involved with chemicals used by the organization. Find out how to leverage a best practices chemical inventory system to drive operational excellence and risk mitigation strategies.

Optimize Safety and Quality Chemical Data Management

Companies that utilize chemicals in their labs and manufacturing processes must manage those chemicals in a safe environment in accordance with government regulations. At a minimum, a system for managing information about the chemical safety and quality data should be established. Best practices take this minimum and leverage the management of the chemical inventory by leveraging the abilities of the people, processes, and technology involved to best effect.

Inventory Systems Support Best Practices

Best practices are "best in class" business policies, procedures, and processes. When applied to Chemical Inventory Systems (CIS), best practices ensure that the processes used to manage the chemical inventory are the most effective possible. A best practices off-the-shelf CIS enables your organization to perform more effective chemical stock monitoring, forecasting, and setting and assessing chemical stock levels, while reducing stock levels, costs, liability, and environmental impact.

A best practices chemical inventory system will not only drive operational excellence and risk mitigation strategies, but also:

• identify and optimize critical inventory system components
• optimize chemical safety & inventory data
• address regulatory requirements, such as FDA 21-CFR-11
• automate Tier 2, Fire Code, GHS reporting, and more
• access current MSDS information in real-time
• automate audit trails and ensure GMP compliance

White Paper Identifies Critical System Components

To help ensure that you know all the components of an effective CIS and how to make it work for you, get a copy of ChemSW’s white paper entitled Best Practices for Managing Chemical Inventory, which details best practices in chemical inventory management and provides insights to ensure system adoption and successful incorporation into lab processes.

For your free copy, visit http://www.chemsw.com/ilm910bp.htm