Clinical Supply Chain Success: Leveraging Technology
Kevin Bishop, Global Vice President & General Manager Randomization & Trial Supply Management, Bioclinica
The availability of investigational product often determines the success of a clinical trial's randomization and trial supply management (RTSM) solution. RTSM solutions are a key component of the clinical supply chain, the purpose of which is to ensure that the correct investigational product is at the right site at the right time for a subject. When the clinical supply chain fails to achieve this goal, the subjects as well as the entire study are affected.
Maintaining the right balance between having sufficient stock for all sites and subjects and avoiding overstocking and wastage of investigation product is challenged by the many complex processes across multiple organizations the characterize clinical trials today. Clinical teams work hard to avoid stock out situations, in particular, because of the significant financial and operational pain they create.
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