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The Economics of Lab Life

Posted December 04, 2008 8:00 AM

Between the changes in gas prices and the recession, I've seen a big swing over the cost of stocking my pantry: the price of bread is still high, but locally-grown apples are cheaper than the trucked-in ones. Meanwhile, my brother who lives in another part of the country pays a bundle for apples, but much less for a gallon of milk. The cost of stocking a lab is a similar ongoing expense, but since labs are so different, you probably see different costs than I do. What changes have you seen lately?

How about the consumables that we use in the lab — reagents, filters, chemicals, and so on. What consumables are becoming more, or less expensive in your experience?

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#1

Re: The Economics of Lab Life

12/04/2008 11:57 PM

Helium

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#2

Re: The Economics of Lab Life

12/06/2008 1:53 PM

I run a temperature lab. Just a year ago, we saw prices climb substantially. However, in the last few months, I've been inundated by salesmen offering tremendous savings on everything we use. It has actually become cutthroat pricing. In this economy, competition is fierce. My company is doing OK right now, but who knows how long that's going to last. I'll take advantage of the situation, and in the long run, I hope that will help us out.

That said, as we work in aero-space, quality is much more important than price. The vendor that can provide me with a consistent, low error, quality product, will always get my business.

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