Remember to look at your annual records and consider any seasonal fluctuations in stock requirements. Keep a note of the ideal stock volume for daily use items and decide on a threshold for re-ordering. Make a list of which products you use regularly and may need to be restocked more frequently. Now that you have a clear picture of what you have, it’s time to evaluate your stock. You can store your inventory on a bespoke system or use a simple spreadsheet.įor ease of use and peace of mind, we recommend keeping a hard copy on hand where it is accessible to authorised personnel. A digital inventory will allow you to update records and retrieve data easily. Take an Inventoryīegin by taking note of everything you hold in stock. We’ve put together this in-depth guide to help you optimise your budget with a streamlined inventory. From assessing stock levels to implementing a practical ordering system, an effective laboratory inventory process could slash your outgoings and increase productivity.
An effective inventory can lower operating costs and improve efficiency in your laboratory.