5 reasons life sciences needs better clinical trial supply management.
COVID-19 has upended clinical trials. Across the world enrollment is down and supply logistics are unstable and new virtual business processes emerge. The instability is shining a bright light on clinical trial supply management, exposing what is working and the clear, undeniable weaknesses. Unfortunately, the familiar manual processes and the usual customer-individual approaches to clinical trial supply management (CTSM) are proving difficult to maintain.
Built on advanced intelligent technologies, the next-generation CTSM solution merges cloud capabilities, deployment flexibility and an integrated demand forecast with modern manufacturing, packaging, labeling, and supply chain functionalities to benefit from innovations on the commercial side also for clinical supplies processes. Combining these technologies means that stakeholders can base their supply and demand decisions on clinical trial parameters such as planned and active enrollment rates, shelf life, clinical site replenishment algorithms and capacity and logistics constraints.
Within the consortium's vision, a CTSM built on today's most advanced technologies can help address these five clinical trial supply chain pain points.
Industry dilemma 1: Lack of transparency increases costs and hinders collaboration.
A CTSM industry solution ensures much-needed transparency that will:
Provide end-to-end insight into supplies demand and ensures optimal amount of stock at site
Assess the speed of planned enrollment and length of each individual treatment to plan for supplies needed in countries and clinical sites where clinical trials will be conducted
Support comparisons of planned versus actual enrollment and learnings from earlier clinical trial stages or other clinical trials to improve supplies demand predictions
Track clinical supplies from source to clinical site with accurate, trustworthy data to ensure optimal patient treatment
Improve collaboration with external partners and all stakeholders by enabling real-time data exchange for supply chain visibility
Industry dilemma 2: Inflexible business processes make it difficult to fulfill clinical supplies needs.
A highly flexible CTSM industry solution will:
Address future clinical supplies business needs and accommodate various types of clinical trials
Facilitate master data set-up
Lower integration effort
Increase collaboration with other clinical trial stakeholders
Reduce supply cycle times from manufacturing to patient to help accommodate new business processes
Industry dilemma 3: Stock overages lead to increased costs and waste.
A CTSM industry solution will minimize stock overages and labor cost as it:
Reduces unnecessarily high inventory levels through more accurate planning
Reduces supplies overage/buffers through avoidance of static reservations per trials and pooling of supplies
Leverages additional sources of information to apply up-front knowledge, for example from treatment and dispensing insights, from in-transit stock, from planned/in-process orders, and from IoT clinical supplies tracking
Enables cross-trial planning and planning on API/substance level
Minimizes manual recall, re-label and reconciliation efforts
Industry dilemma 4: High cost of ownership prevents innovation.
A CTSM industry solution will reduce total cost of ownership as it:
Leverages innovations from a commercial intelligent suite
Eliminates error-prone manual processes and reduces complexity
Introduces a more cost-effective option than customer-individual CTSM approaches
Ensures latest technology advancements through planned and continuous software release cycles
Harmonizes the corporate system landscape
Industry dilemma 5: Non-compliance risks can prevent drug treatments from entering market.
To reduce non-compliance risks, a CTSM industry solution will:
Support drug accountability and automated reconciliation processes
Enforce process compliance
Stay up to date with statutory and regulatory requirements
Share best practices across all stakeholders
An integrated, proactive CTSM solution can greatly improve the management of clinical supplies, while addressing the special needs for blinding, collaboration and tracking of supplies in a clinical trial setting. When analytics, intelligent data management, and an integrated information flow logic beyond corporate boundaries are coming together. Supply chain stakeholders can make smarter decisions about manufacturing, packaging, and delivering clinical trial materials across the globe.
The time is ripe for improving clinical supplies operations and processes that no longer serve today’s life sciences industry’s needs.
Published: https://www.biopharmadive.com/spons/5-reasons-life-sciences-needs-better-clinical-trial-supply-management/588400/