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Home»AI Logistics»Labviva presents a real-time inventory management system
AI Logistics

Labviva presents a real-time inventory management system

November 16, 2024002 Mins Read
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Labviva announces the general availability of its Automated Inventory Management System (IMS), an essential functionality of by Labviva SaaS (Software-as-a-Service) platform. IMS enables laboratory scientists, researchers and purchasing professionals to the largest pharmaceutical companies and universities in the country to work in real time in streamline inventory management of external suppliers and internal supplies from an organizational inventory or shared warehouse.

by Labviva IMS offers its customers extensive automation capabilities across the entire platform, in addition to a highly intuitive user interface (UI), customizable inventory workflows, and actionable access to inventory data. Currently, several major global pharmaceutical companies are already using by Labviva IMS to drive efficiencies, accelerate research and achieve significant savings throughout the life sciences procurement process.

“Labviva is experiencing hypergrowth and reaching an inflection point as it solidifies its position as a trusted brand in the life sciences space,” says Kleida Martiropartner at Glasswing Ventures and Labviva investor and board observer. “With its AI-driven platform and automated approach to providing supply chain transparency, the company is transforming the way laboratories manage supply chain tracking and replenishment. »

Key points to remember:

  • by Labviva Advanced IMS benefits the entire laboratory research organization. Scientists can locate and review inventory items while simultaneously accessing their compliance and research data. Research teams can review and share content on environmental health and safety (EHS), chemical classification, and basic data enrichment. Lab managers can track shipments and access AI-powered insights operational recommendations across 15 million SKUs and 8,000 manufacturers and increase efficiency with AI-driven replenishment. Procurement teams can use by Labviva IMS technology to optimize forecasting, reporting, purchasing and resource planning.

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