z-logo
open-access-imgOpen Access
Automated Compound Management Systems: Maximizing Return on Investment through Effective Life-Cycle Planning
Author(s) -
Chris Walsh,
Stuart Ratcliffe
Publication year - 2010
Publication title -
jala journal of the association for laboratory automation
Language(s) - English
Resource type - Journals
eISSN - 1540-2452
pISSN - 1535-5535
DOI - 10.1016/j.jala.2009.07.005
Subject(s) - return on investment , investment (military) , product life cycle management , business , investment strategy , operations management , risk analysis (engineering) , life cycle costing , investment management , computer science , environmental economics , finance , engineering , economics , marketing , microeconomics , production (economics) , politics , political science , market liquidity , law
Investing in an Automated Compound Management System (ACMS) is a major investment and it is therefore imperative that return on investment is maximized. This article will demonstrate how the life cycle of an ACMS can be managed effectively to drive system efficiency, reduce costs, and meet customer demand to maximize return on investment. The article will discuss: • The long-term management approach taken for ACMS. • The challenges faced after initial implementation and beyond. • Major system enhancements made to the original system after implementation. • Evaluate the benefits from adopting an active life-cycle management approach. • The learning points gained through experiences.

The content you want is available to Zendy users.

Already have an account? Click here to sign in.
Having issues? You can contact us here
Accelerating Research

Address

John Eccles House
Robert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom