LIMSLIMS

IE 618: Engineering Cost and Production Economics

Instructor: Randy Reagan Date: February 18, 2009

Performed by: Dian Jiang & Mariam Israiel

Business logistics costs $1,183 billion (9.5% of gross domestic product) in the United States in 2005.

In 2006, the cost of business logistics rose 11% over from the previous year to a record $1.305 billion.

American businesses spent a record of $1.4 trillion on logistics in 2007.

Proposal: Why LIMSProposal: Why LIMS

Laboratory Information Management System Management of samples, laboratory

users, instruments, standards, invoicing and work flow automation

LIMS Focuses Pharmaceutical Bio-technology Food and Life Sciences

LIMSLIMS

LIMS database applications that are used to store & manage information associated with the laboratory. They contain information such as:• Customers • Tests & test results• Collection sites • Bottle types• Preservatives • Sample matrix• Analysis Methods • Parameters• Employees • control limits• Passwords

LIMS also includes:

• Sample Tracking • Integrated Bar-coding

• Sophisticated Query Searching • Integrated QA/QC Functions

• Instrument Integration • Full Audit Trail

• Powerful Reporting Functionality • Enterprise System Integration

Laboratory Information Management Laboratory Information Management Systems Systems Cont’Cont’

The following are a few of the Overall LIMS Advantages that the wastewater facility can realize:

Very fast report access & queries

Reduction in paperwork

Improved data quality (reduction in errors)

Improved operational efficiency

Simple to use Excel-like formulas

Increased productivity (reduction of routine tasks)

Productivity gains (instrument interfacing and auto-reporting)

Integration with other departments/business systems

Reduces transcription errors

Increases throughput

Avoids duplication 

ROI (Return On Investment is typically within 1 year)

LIMS BenefitsLIMS Benefits

Track training records and employee certifications

Track Instrument maintenance and calibration

Full audit trail/trend and QC charts

User configurable QA/QC

Automatic Limit checking

Automatic sample scheduling

Auto-reporting (fax, laser printer,

e-mail (pdf), etc...)

QA/QC BenefitsQA/QC Benefits

Implementation PlanImplementation Plan

Customized LIMSCustomized LIMS

ReductionReduction in Non-Productive Hours

LIMS implementation saves approximately $300,000 per lab annually

Standardization saved companies the cost of IT and user training for multiple LIMS, estimated at up to $250 per user per year

Free up to 6.3Hrs of productive time to each LIMS user per month

Cost Benefits

LIMS Diagram- ClinicalLIMS Diagram- Clinical

Electronic Data Paperless

Average laboratory consumes more than 40,000 worksheets

40,000 worksheets => 36,666 FT Mountain Everest is only 29,029 FT high

Reduction in LIMS-Associated Reduction in LIMS-Associated CostsCosts

Lube Oil Analysis (Case Study) Sample scheduling Speeding up sample preparation

2 Minutes to 35 Seconds Easier data management

Management AdvantagesManagement Advantages

Overhead Cost

Cost ContinuesCost Continues

Study-Case AssumptionStudy-Case Assumption

*Assuming the required rate of return is 8%

Net Present Value Analysis

Cash Flow Diagram

http://www.logisticsmgmt.com/article/CA6449605.html http://www.logisticsmgmt.com/article/CA6571518.html?nid=4146 http://www.logisticsmgmt.com/article/CA6345834.html www.thermo.com http://www.msc-lims.com/download/MSC-LIMS%20Price%20List.pdf http://www.thermo.com/eThermo/CMA/PDFs/Various/File_5474.pdf http://www.limsfinder.com/BlogDetail.aspx?id=30665_0_2_0_C

References