Cost Saving

Some say customer service is going the way of the dodo. At LPS, we say it's alive and well! Read on to learn more, and find out about some innovative products at the same time...

In this blog post, read about how inflation, tariffs, and lack of competition have affected lab supply prices, and how LPS can help mitigate the impacts of these seemingly insurmountable forces!

In this post we will take a look at how a product gets from the manufacturer to your lab, and how the final price you pay is governed by the many companies along that path that extract a profit.

Then we will take a look at what you can do to avoid the many ways big distributors get you to pay more for the goods you buy without sacrificing your valuable time and at no cost to you.

Lab Procurement Services manages the flow of goods so you can spend more time managing your lab.

What is MAP (Minimum Advertised Price), and how can working with Lab Procurement Services help me avoid this restriction?

Advantages of using a Lab Procurement Services company instead of a lab supply distributor (such as Avantor/VWR, Fisher Scientific) in terms of pricing, level of customer service, and volume of data/analytics provided.

● Hach, a Danaher company, has achieved a dangerously high percentage of market share in the water testing market.

● Lovibond and Taylor Technologies have been in this space for far longer, and both offer equivalent products or better technologies at much better pricing.

● Consumers need to push back against these policies to prevent a monopoly from forming.

Why do customers continue to buy from big distributors despite the fact that promised savings goals are rarely met?

Why must you deal with a sales rep to receive any discounts from (artificially inflated) published list prices?

In my 50+ years of experience in the lab distribution business, the one thing that still mystifies me is chemical pricing. Specifically, how is the list price set and why is bargaining still the only way to arrive at a competitive price

Did you know that when you purchased goods on labproservices.com that you weren’t dealing with a lab supply distributor? If not, who were you buying from? You were actually buying from a hybrid Procurement Service Provider. What the heck is that, you ask?