invenTRAK

You always have what you need

It’s unusual to find an inventory specialist in a laboratory, but it is essential to maintain proper inventories. Can you afford to run out of a critical supply item in the middle of your analysis? What happens when your chemicals are unusable, because you have the wrong lot on hand or they were improperly rotated?

invenTRAK is an automated system for the management, control and replenishment of critical laboratory inventory.

The invenTRAK Advantage

• All paper based system
• Manual transcriptions
• Interpretation and transcription error
• Aggregation and compilation of supply requests

• Laboratory only maintains enough supply to carry them through a typical production week
• Replenishment of supplies is based solely on usage
• Client specific reserve stock ensures immediate availability of all required products
• Desire inventory levels are set by the client and adjusted based on seasonality
• Preserves company cash otherwise dedicated to the maintenance of inventory, improving cash flow

• Weekly report identifying usage by department and end user
• Increased visibility over supply usage at department level, improving cost management
• Weekly, YTD Report for all lot controlled products’
• No more manual tracking of LOT ID’s and product expirations
• MG Scientific works with you to identify areas for streamlining and cost control

• Supplies replenished same day every week based on client preferred schedule
• 100% delivery guarantee for all storeroom items. No back orders!
• One weekly order, one shipment, one invoice, Significant minimization of paper handling and order tracking
• MG Scientific takes care of all shipping and hazard fee’s for invenTRAK deliveries. The price of the product is all that is charged. No hidden or additional fee’s or surcharges.

• A fully functioning invenTRAK system with all the benefits described above can be implemented in 30 days of notice
• System is designed based on client input
• MG Scientific assembles and organizes storeroom and trains client staff
• MG Scientific is there to receive first inventory shipment and work with staff to organize and facilitate product rotation
• System is easily scalable to add or remove products based on changes in business demand
• Customer fully controls use of system
• Current customer inventory is folded in. No initial investment in inventory to stock up.
• InvenTRAK is a free service. No set up fees, no monthly service fees. Only commitment is for customer to use the inventory it requests to be on hand.