10 Signs You Should Invest in Lab Information management system

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10 Signs You Should Invest in Lab Information
management system

• MocDoc LIMS

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(No Transcript)
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The rise of new technologies has made the volume
of data drastically increasing day by day. The
data volume generated globally across clinical
research, biobanks, and other relevant testing
laboratories are developing at a faster rate.
Surviving the vast data volume and influencing it
for research or business is stimulative for labs,
especially if they don't possess a regulated
mechanism to use and process the data.  One of
the crucial reasons to invest in the Lab
Information Management System (LIMS) is that it
is used for organizing the data disregarding what
type of industry you belong to. Information
availability and rapid data growth have resulted
in the extensive evolution of data management.
Below are ten vital signs that state why you
should invest in a LIMS.
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1. Your laboratory holds higher operational
costs 
Leading the particular portion of the allotted
funds into laboratory personnel for management
and data entry operations.  A Lab Information
Management System frees human resources from time
consuming and unproductive tasks, and therefore,
they are considered as the high saver for your
data entry and management operations. You will be
able to pay-as-you-go on any basis like monthly
or yearly if you prefer to go with a cloud-based
LIMS. This means that you do not need to make any
investments towards hardware installations. 
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2. You hold transcriptional data entry errors and
not able to share information (data silos)
It indicates poor data traceability, problems
with connecting data across various data sources
instruments, and data's manual input leading to
transcriptional errors.  A Lab Information
Management System combines with other data
sources and instruments flawlessly and manages
the data in the laboratory in an enhanced manner.
LIMS automated calculations save time and
decrease errors for laboratory personnel. Apart
from this, the information can also be retrieved
accurately at any time.
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3. When there is a risk in your laboratory data
The sign is when you are not able to grab access
to perceptive clinical information, no
reliability, not able to follow the regulations
based on your industries, making use of
paper-based systems and spreadsheets to manage
data in your laboratory.  A Lab Information
Management System provided enhanced reliability
and data security by matching the industry
related standards, namely 21 CFR Part 11, HIPAA,
and more. It also protects perceptive clinical
information by hindering user access of
unauthorized persons. 
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4. When your laboratory has inferior disaster
management system 
Insufficiency of a suitable mechanism for data
storage and retrieval in the event of theft,
fire, or natural calamities.  A Lab Information
Management System ensures data continual by
copying data to mirror servers, storing data on
the primary servers, and also making sure on the
timely backups. The information can be managed in
case of any theft, fire, or natural disasters.  
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5. When you don't have real-time data metrics 
The sign indicates when there are no updates to
laboratory clients and users on sample processing
stages, when there are no notifications and
alerts for sample expiry or inventory depletion,
and when there is no real-time display of metrics
of the laboratory in the main dashboard to watch
out important problems.  A Lab Information
Management System alerts you regarding the
inventory depletion or assists in identifying
expired samples with the help of alarms, and this
makes sure about the timely inventory
replenishment. The LIMS also helps you to stay
updated on testing or processing samples in your
labs by sending application notification or email
alerts so that you will be able to know the
critical problems instantly. 
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6. When your laboratory has poor traceability and
limited data storage capacity
The sign is when there are any difficulties in
tracing the possible data instantly by searching
over different piles of paper data when
generating an extensive amount of sample
information with the help of paperwork, and when
there are too many piles of paper data in the
labs, limiting the capacity in the data
storage.  A Lab Information Management System
assists in managing information electronically
and helps to decrease paperwork. You can
accurately and instantly trace information with
the help of different tools. A cloud-based LIMS
protects the data in the cloud, and this data is
accessible in real-time and 24/7 available
anywhere. 
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7. When your laboratory is unable to reach the
expected productivity 
Delayed Turnaround Times and experimental
analysis over industry averages, and influencing
human resources for auditing, manual data entry,
report generation are the vital signs. A Lab
Information Management System helps labs to plan
data management effectively, accelerate
operations, and execute different business
decisions. It also helps in generating rapid
reports and control an audit trail along with
timestamp and date. 
8. When you have sustainability problems 
When your competitors receive more orders when
compared to you and when there is insufficient
business agility and responsiveness.  A Lab
Information Management System can help in making
your laboratory business active amid the
complicated global market. 
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9. When your laboratory lacks collaboration
scientifically
When there is a high sample turnaround time and
data duplication for sharing with collaborators
and partners.  A Lab Information Management
System, particularly in the case of cloud-based,
helps in decreasing errors, avoid data
duplication, enables accelerated turn around
time, and effective collaboration. Apart from
this, it also allows us to achieve higher profit,
market share, and productivity. 
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10. When you have no capabilities in customizing
for your different data management methods 
Applying new changes to the existing data
manually to the older records, and where there is
no customizations option available with
spreadsheets and paper-based systems.  A Lab
Information Management System enables
customization as per your requirements and is
also considered as the highly configurable
solution. Any new changes can be applied
instantly on the original records and therefore
saves more time.  I hope the above signs let you
choose the right LIMS. Any other queries and
comments on the Lab Information Management System
are welcome.
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