Justifying a LIMS: The Two Q’s
Justifying a LIMS purchase requires documenting both quantitative benefits, such as measurable cost savings from reduced labor and increased efficiency, and compelling qualitative factors like improved data quality, better decision making, and enhanced regulatory compliance. The quantitative justification involves a nine-step process to calculate Return on Investment (ROI) by assessing current inefficiencies, estimating time savings from automation, and comparing those savings to the total LIMS cost.
