Best Practices for Chemical Inventory Management

The true reasons why systems fail and why they succeed

Companies that utilize chemicals in their labs and manufacturing processes must manage those chemicals in a safe environment in accordance with government regulations. At minimum, they need to establish and maintain an effective chemical inventory system for managing, tracking and reporting chemical quantity, location, and safety data. Best practices begin with this minimum requirement and leverage the abilities of people, processes and technology to best effect in managing chemical inventory.

This 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.