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LPS Procurement Solutions

LPS provides our clients with expert advice and services.

Our team of lab procurement specialists provide a wide variety of value-added services to our full service clients, and are available for consulting basis for specific projects.

Contract Management Services - Helping clients determine that the contractor is abiding by the contract and that they are getting the most from the agreement.

Cost Saving Metrics - Helping clients measure the value they are getting from their suppliers.

Vendor Relationship Management - Finding the right vendor, ensuring that they are capable of meeting your requirements, determining if their products meet your standards, finding second sources of supply and mediation of disputes.

Supply Chain Management - Making sure you get the products you need when you need them.  Assisting your procurement to find the best way to get products to your door when you need them, undamaged, time after time.

International and Export Services - Serving as the U.S. based purchasing agent for clients located outside the U.S.  We buy the goods, consolidate the shipments, prepare the paperwork and ship the goods on our clients behalf.

Strategic Sourcing - Assisting our clients in finding the best supplier for the product.  If the client has a prime contract with a distributor, we help find the best product from within the distributor portfolio.

Proposal/Bid Award Evaluation -  We help our clients analyze and score the bid responses received and make unbiased recommendations for award. 

Freight & Logistics Management - Finding ways to reduce shipping costs and reduce lead times.

Case Studies

These case studies explore several common procurement scenarios and how LPS found innovative solutions to solve problems and create big savings for our clients.

  • Product Sourcing
    Selecting the best product and finding the best supplier is ex-tremely important to your lab on many levels. It takes a scientist to know if a product will do the job and procurement person to find the supplier and negotiate the terms.
  • Global Sourcing
    Your contract distributor sells the item in Europe but not in the U.S. and will or cannot import the item. So what do you do? Turn down the opportunity because you can’t obtain the products needed to do the testing?
  • Proactive Price Monitoring
    When other vendors lower prices below your contract price, how will you know?
  • The Non-Existent Product
    Sometimes the thing you need doesn't exist yet! An experienced lab procurement specialist with a scientific background can find a way. Will the call center operator at your major distributor be able to do the same?

What it Means to You

Feature

Benefit

 Expertise  LPS staff have industry experience and scientific training.  No time wasted time ‘teaching science’ to reps. Better product recommendations you can trust.
 Sourcing Strategy

Only LPS seeks out manufacturers who supply products to meet client requirements.

Lower prices, better products, better service.

Reduce Process Costs

LPS is continually focused on ways to lower the cost per purchase order.

Time saved throughout the P2P cycle lowering your cost per P.O. by up to 80%.

Point-of-Contact

LPS has a one person -> single client model.

Less phone frustration. You always know who to contact.

Spend Metrics

LPS provides you with complete data on all of your purchases.

Better budgeting. Full control over your laboratory spending leads to less waste, better efficiency.

Vendor Consolidation

LPS system allows you to purchase from any number of vendors on a single purchase order. You get just one bill.

Drastically reduce the number of P.O.’s you issue. One login - > Multiple Vendors -> One Check = drastic reduction in cost-per-purchase order.

State-of-the-art

E-Commerce

LPS partnership with Quartzy.com provides you with world class ordering and inventory tracking system available.

Shows only the products you purchase so no time or money wasted “browsing.” Designed for ordering, not to sell you something .

Documented Savings

LPS tracks the savings we generate.

You can measure LPS performance.

Competition /

Virtual Group Purchasing

LPS preference is to buy direct from a manufacturer and avoid distributor profits.

Lower prices and greater savings with no fees.

Freight Management

LPS contract with FedEx and preferred status with various vendors is designed to lower your freight bill.

Lower freight costs.

The LPS Store

Lab Procurement Services is proud to be a member of the Independent Laboratory Dealers Association


The LPS web store has commonly used lab supplies in bulk quantities at unbeatable prices!  Buy manufacturer direct and save.  We feature only our best deals.  Case quantities only.

Shop Now!

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