Lab Inventory

Lab Inventory by ATGC Labs is an innovative, full-featured inventory management solution designed for research, science, and engineering laboratories. It enables organisations to perform effective inventory monitoring, set and assess stock levels, manage up-to-date inventory, and forecast future demand — helping laboratories reduce costs, increase productivity, and operate more efficiently. Lab Inventory is suitable for a wide range of industries including biotechnology, chemistry, education, dentistry, electronics, physics, medicine, and more.

Unlike cloud-based alternatives, Lab Inventory is a locally deployed solution, eliminating concerns about cloud privacy threats. It is available as an affordable, risk-free product with a fully functional 60-day demo version, and has been recognised with a 100% CLEAN award by Softpedia. The system has been adopted by a broad range of customers including leading universities, pharmaceutical companies, hospitals, and research institutes worldwide.

Core Inventory Management Capabilities

• Track reagents, disposables, analytical instruments, computer hardware, and general laboratory equipment
• Upload existing Excel-based inventory quickly to get started in minutes
• Manage inventory, place orders, and track them all in one place
• Keep track of where inventory items are located and how much is available
• Maintain up-to-date inventories with information on cost, age, and usage patterns
• Track inventory stock totals and expiration dates for collection kits
• Update item locations and track movement of items between users
• Track items by scanning a barcode label
• Annotate items with custom forms and parameters
• Add item notifications and alerts
• Maintain a complete vendor database including purchase orders and contracts
• Browse vendor catalogs and quickly add items and orders to inventory

Physical Inventory Counting and Demand Planning

• Physical Inventory Counting feature supports random selection, geographic selection, and rank-based selection methods for determining what products to count
• Generate a physical inventory counting sheet and automate manual physical counting steps
• Real-time physical count of inventory to maintain accurate stock levels
• Material Requirements Planning (MRP) module uses inventory data to predict future demand by identifying trends and patterns
• MRP calculates required quantities and due dates to avoid product shortages or excessively high stock levels
• Forecast estimates of future demand based on historical data analysis
• Determine how long existing stocks will cover requirements and know when to reorder and in what quantity
• Calculate inventory valuation and minimise waste generation and disposal costs

Kit Builder and Equipment Management

• Kit Builder provides a powerful interface to record and manage kit information including supplies and experimental materials
• Checks available material in inventory and calculates kit cost based on unit price
• Manage equipment maintenance schedules and sign up for shared equipment
• Store all calibration certificates and support instrument reservations with flexible scheduling
• Support different billing rates for different instruments

Reporting and Data Analysis

• Flexible and easy-to-use reporting features to monitor stock levels and purchasing activity
• Generate reports listing inventory items by location, vendor, name, catalog number, and custom fields
• Explore data graphically based on data properties rather than complex queries
• Analyse and report all aspects of inventory and purchasing
• Gain insight into business performance based on historical data analysis
• Leverage information to support critical decision-making

Safety and Compliance

• Provides workers and emergency personnel with procedures for handling substances safely, including physical data, toxicity, health effects, first aid, storage, disposal, protective equipment, and spill-handling procedures
• Complies with regulations covering purchase, storage, use, and inventory disposal
• Meets Good Laboratory Practice (GLP) and FDA guidelines including 21 CFR Part 11 requirements
• Provides a full audit trail for every data change including date/time stamp, what was modified, and who made the modification
• Facilitates enhanced password security

Access, Architecture, and Document Management

• Web-based client/server architecture allows secure data access from anywhere with a one-time installation
• Supports multi-platform browser access on Windows, Mac, and Linux computers as well as smartphones and tablets
• Supports multiple independent data sets and laboratories within a multi-site tenanted environment
• Restrict access to specific users
• Attach images, Word, PDF, and Excel files to inventory records
• Manage document versions and states

Lab Inventory can be seamlessly integrated with third-party IT systems such as purchasing and accounting platforms. ATGC Labs also offers RFID tag label system integration for efficient inventory tracking, as well as consultation and implementation services. Custom statistical reports and incorporation of existing corporate data are available based on customer requirements.