ChemSW, Inc. announced the release of their latest in-depth white paper, this one detailing best practices in chemical inventory management. Another 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.

Companies that utilize chemicals in their labs and their manufacturing processes must manage those chemicals in a safe environment in accordance with government regulations. At a minimum, to ensure that this is accomplished, a system for managing information about the chemical safety and quality data should be established and maintained. Best practices, on the other hand, 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. This white paper delves into the best practices involved in managing chemical inventory to achieve the most effective, holistic 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.

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

The white paper is free and be requested at http://www.chemsw.com/bestpracticesign.asp