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Visual Assay Pulse is a management tool that allows team leaders and managers to instantly track the progress of all assays in real-time without the need to disrupt scientists doing the work.
Visual Assay Pulse is a management tool that allows team leaders and managers to instantly track the progress of all assays in real-time without the need to disrupt scientists doing the work.
COST STUDIES
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Study 1: Documentation & Assay Failure
ONE SCIENTIST IN LAB WITH A $100K/YEAR SALARY
ASSUMPTION: SCIENTIST SPENDS 7 HOURS IN LAB AND 1 HOUR/DAY DOCUMENTING WORK
• 1hour x $50/hour x 5 days/week = $13K/year
• Visual Assay documents real-time & effectively; saves $13K/user
• Adds 32 days/year/user new time to run more assays
• Assume 500 scientists/customer
RESULTS:
• 12.5% saving in FTE time (Cost)
• 9% increase in work in progress (WIP)
• 500 scientists @ 1hour = $6.5M in savings
• 500 man months created
ONE MANAGER WITH AN 8-SCIENTIST TEAM
ASSUMPTION: EACH SCIENTIST SPENDS 1 HOUR/WEEK PROVIDING STATUS UPDATE
• Each manager spends 8 hours/week getting updates
• Manager salary $140K/year– save 20% time with VA Pulse
• $28K/year in Manager FTE time + $13K/year for each scientist
RESULTS:
• 52 days freed up for manager
• 20% savings in full-time employee time (Cost)
• 60 managers = $1.68M saved
• 60 managers = 104 man months created
ASSUME ASSAY COSTS $10K
ASSUMPTION: EACH SCIENTIST RUNS 1-2 ASSAYS/DAY
• 250-500 assays/year/scientist
• Assume 20% of 250 assays needs repeat = 50
• Critical – every assay needs to be repeatable
• Documentation is key to reproducibility, small details get left out and can’t repeat the assay
• If one assay fails, then it needs to be repeated
• VA is designed to make assay reproducible
RESULTS:
• 50 assays at $10K/assay = $500K/scientist per year>
• If VA saves 10 assays, that means:
• 10 x $10K= $100K/scientist saved per year.
• If 500 scientists, then could save $50M per year
ASK A QUESTION:
886.617.DATA
REQUEST A DEMO
CALCULATE SAVINGS HERE!
Study 2: Global Outsourcing
LOST IN TRANSLATION
SCENARIO: SCIENTIST SPENDS 7 HOURS IN LAB AND 1 HOUR/DAY DOCUMENTING WORK
An assay is sent to China from the United States. Language and geographic barriers are just some of the challenges faced. Implementing Visual Assay would save time and money
SCENARIO: ASSAY IS SENT TO CHINA & TAKES 2 MONTHS TO COMPLETE; RESULTS ARE NOT AS EXPECTED
Scientist sent to China CRO to investigate & after 3 weeks discovers dilution error – dilutions recorded in reverse of US dilution: ex: 1:3 vs. 3:1
Productivity Suffers:
• WIP reduced: 3 months time lost
• Cost increased: US FTE time ($35K – 3mos at $140K/yr) + Travel Exp. ($10K)
• CT Increased: cycle time lost due to debugging assay
• Assay had to be repeated.
VISUAL ASSAY FEATURES
VISUAL REPRESENTATION OF ASSAYS
REAL-TIME MONITORING
INSTANT COLLABORATION
DOES NOT REQUIRE KNOWLEDGE OF ENGLISH
• WIP would have been increased
• Cost would have decreased by saving at least $250K
• Would not have had to build a training lab for China CRO in the US. ($1M+)
• CT would have decreased
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