Nowadays, the Laboratory Information Management System is practically necessary, often known as a LIMS. This is important to support everyday operations in laboratories that carry out any testing, including research and development and commercial testing.
The worldwide LIMS industry is presently worth more than $500 million and has been expected to grow to $750 million in the coming years. This is according to some authentic sources.
Let’s look at how you can take advantage of this great system!
Why LIMS?
A laboratory information management system (LIMS) might well be created in various ways, from software explicitly produced for a lab to one purchased off the shelf and adjusted by the vendor to meet the needs of the whole lab. Like buying a home, companies should pick a LIMS system that best meets their daily and long-term requirements and be careful to choose the correct implementation partner.
Since Henry Ford was so focused on quality and innovation throughout his career, the Ford Model T continues to be a topic of discussion in modern-day business education.
The Model T had a starting price of $825 when it initially debuted in 1908, but by 1916, it only cost $360. Ford was able to lower the price by even more than 50% while improving the product’s overall quality, dependability, and speed. His famed concern for quality is reflected in his phrase, “Quality means doing things well when no one is watching.”
Whether you’re building vehicles, providing clean water, or taking medicines, you need quality control to guarantee the final product meets your expectations.
Quality management is often a matter of monitoring and decreasing variation to assure compliance with established standards. It all comes down to diligent record-keeping and the ability to manage and retrieve that data.
Integrating Instruments To Improve TAT and Data Integrity
The Matrix Instrument Data Acquisition System (MIDAS) collects data from a broad spectrum of instruments, automatically collecting the information required and transferring it to the LIMS.
Getting rid of any human contact ensures that the quality of the data captured is consistent and error-free, reducing the likelihood of typographical and calculational errors.
Consequently, MIDAS greatly improves laboratory efficiency and allows analysts to focus on higher-value jobs, resulting in a significant increase in productivity.
Taking Charge of Your Information
The amount of data accumulated by paper notebooks becomes too much for even the most nimble scientists to handle. It might be challenging to create an accurate certificate of analysis if the data for a product or sample is stored in several notebooks.
It isn’t easy to discover and evaluate data sets swiftly because of the sheer volume of paper documents built up over time in file cabinets or whole rooms.
Having all of your data stored in a single, easily navigable database makes it much simpler to do tasks such as;
- Looking for and comparing data
- Recreating and republishing certificates of analysis
- Generating laboratory management reports
- Monitoring equipment calibration records staff competence
- Controlling inventories
- About compliance with standard procedures.
Labs most often use a LIMS to handle data effectively and efficiently. The time saved from using LIMS is frequently enough to pay for it.
Innovations that Lead to New Ideas
The greater data accessibility and transparency will provide an easier way to share and collaborate on information from centralizing sample testing data in one system. Creating and reviewing reports on KPIs like the number of samples examined, turnaround time, and employee productivity are all made easier with a LIMS.
This unified data can help firms manage resources more effectively, identify opportunities for improvement that might otherwise be ignored, and create predictive analytics skills to drive revenue- and cost-boosting business choices.
Agilent Technologies, for example, is a leading example of a biobanking LIMS that incorporates a LIMS with an E-Lab Notebook and a Biobanking module. Customizability and integration with EMR/EHRs make it an excellent choice. Big biobanks and broad-scale health research involving large populations can benefit significantly.
Better Scaling
If manual procedures in lab analysis are minimized, lab organizations will be able to boost productivity and expand more efficiently. The findings of sample tests may be pushed automatically via a LIMS, where they can then be quickly accessible and examined by laboratory staff.
When a company evolves, expands, and upgrades its technology, it is essential to be able to handle huge volumes of testing and a broad range of customers. This is particularly relevant in the medical and commercial arenas, where importance is critical to keeping up with the competitors.
Confidence Building for Stakeholders
Testing and analysis are increasingly being carried out using automated equipment manufactured by the lab equipment sector. When searching for a company to carry out laboratory testing and research, most clients prioritise finding one that has effective lab management systems.
Having the capacity to communicate data and information in real-time with other departments and with customers is critical to a lab’s current competitiveness.
Implementing a LIMS instils trust in customers, investors, and other business partners by demonstrating that workflows have been optimized and automated and that valuable information will be secured appropriately and be easy to access when needed.
A LIMS benefits laboratory companies, including enhancements to operational efficiency, better visibility, and KPI-based reporting driven by data.
Enhances Operational Effectiveness and Manages Risk
Regardless of whether or not your laboratory is subject to regulations and irrespective of the kind of tests it does, a LIMS will assist you in mitigating risk, shortening the amount of time it takes to complete tests, enhancing efficiency, and reducing costs.
The following are critical sources of advanced inefficiency:
- Connecting data islands
- Getting rid of typing mistakes
- Speeding up product release by cutting down on turnaround time in the lab
- Reducing the likelihood of product recalls
- Improved use of available resources
- Enhanced data availability and recall
- Improved reporting and data for management
- Ensuring that agreed-upon criteria are followed
- Controlling exposure to risk and responsibility
Final Thoughts
A LIMS can help you concentrate on growing your company and your bottom line if you take the time to learn about the business advantages it offers. To maximize productivity inside a laboratory, installing a Laboratory Information Management System (LIMS) gives you the ability to manage the inflow of specimens and the data connected with them more efficiently.
A LIMS contributes to the standardization of workflows, testing, and protocols while also monitoring the operations precisely.
