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"Maximize Your Lab's ROI: Smart Strategies for Investing in Automated Liquid Handling"

September 30 at 2 pm ET

This webinar will dive into the calculations related to the return on investment (ROI) for automated liquid handling as it relates to laboratory equipment, using the BRANDTECH Liquid Handling Station (LHS) as a case study. We will break down proven methods to accurately assess ROI, spotlighting common pitfalls like overlooking maintenance costs or underestimating labor savings from automation, which can reduce manual pipetting by up to 60% or more.

Participants will learn practical steps to quantify both direct and hidden costs, evaluate long-term benefits, and avoid missteps that skew calculations. By mastering these techniques, they are more likely to make an informed decision related to optimizing their lab’s efficiency and budget, ensuring any investment they make delivers measurable value (ROI).

In this webinar, you will learn:

• How to calculate ROI for laboratory equipment using the BRANDTECH LHS as an example, focusing on a 60% or more reduction in manual pipetting time. This is based on ELISA (96 well methods) and serial dilution comparisons.
• To identify and avoid common pitfalls in ROI calculations, such as neglecting maintenance costs, installation fees, and training expenses.
• Practical strategies will be provided to quantify both direct costs (e.g., purchase price) and indirect costs (e.g., labor savings, downtime) for a comprehensive ROI analysis while aligning ROI calculations with the lab’s specific throughput and operational goals to justify equipment investments.
• The use of ROI metrics to compare equipment options and prioritize investments that maximize long-term lab efficiency. 

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