In clinical trials, managing investigational medicinal product (IMP) supply is critical to ensuring trial success. The interactive response technology (IRT) site resupply algorithm is a key component of this process, designed to balance two major considerations: risk (the security of IMP supply) and cost (associated with IMP waste and distribution).
While traditional IRT platforms generally rely on a standard resupply algorithm that combines buffer stock levels with predictable demand forecasting, this approach may not be optimal for every clinical trial. Each trial has a unique set of factors influencing the optimal resupply strategy, including trial design, patient enrollment rates, geographic distribution and supply chain complexities.
Advanced IRT and randomization and trial supply management (RTSM) platforms offer a more flexible solution by supporting a portfolio of resupply algorithms, allowing sponsors and vendors to collaborate in identifying the algorithm that best suits the needs of a particular trial. By leveraging the sponsor’s deep knowledge of the trial and the RTSM vendor’s expertise in resupply capabilities, the ideal balance between risk and cost can be achieved. This collaboration is essential to tailoring the resupply strategy to the specific demands of each study, reducing IMP waste, lowering distribution costs and maintaining a secure and efficient supply chain.
This session will explore the benefits of using advanced RTSM systems to customize site resupply algorithms, highlighting the critical role of sponsor-vendor collaboration. Attendees will gain insights into how different resupply strategies can impact trial outcomes and learn best practices for implementing a more flexible and efficient approach to RTSM site resupply management.
Register for this webinar to learn how to optimize a clinical trial’s resupply strategy and improve overall trial efficiency.
- Interactive Response Technology ,
- Other Software ,
- CT Logistics ,
- Supply Chain/Logistics ,
- Demand Planning ,
- Clinical Trial Supply Chain ,
- Interactive Response Technologies ,
- Clinical IRT ,
- Clinical Trial Supply Management ,
- Drug Development ,
- RTSM ,
- IRT ,
- Drug Supply ,
- Clinical Supply Chain ,
- Clinical Supply ,
- Supply Management System ,
- Clinical Research
Speakers
Benjamin Etschmann, Senior Forecasting Services Lead, 4G Clinical
Benjamin Etschmann has spent more than 10 years in clinical trial supply management in various roles, including operational trial supply logistics management and trial supply setup management. However, his primary focus has been in IRT management and demand forecasting using dedicated stochastic simulation tools. In his current role, he consults clients and internal teams on probabilistic site and depot demand forecasting in IRT.
Message Presenter
(Moderator) Libbi Rickenbacher, Sr. Director of Product Strategy and Partnerships, 4G Clinical
Libbi Rickenbacher is the Sr. Director of Product Strategy and Partnerships at 4G Clinical. She has over 15 years of experience in the field of life sciences and is an e-clinical randomization and trial supply management (RTSM) solutions subject-matter expert. Libbi holds a BA in both Neuroscience and Psychology and a Doctorate (PhD) in Neuroscience.
Message PresenterWho Should Attend?
The webinar will appeal to clinical research professionals with the following job titles or functions:
- Clinical Supply Managers
- Clinical Operations Managers
- Procurement
- Clinical Demand Planners
What You Will Learn
Attendees will gain insights into:
- The importance of customizing RTSM site resupply algorithms to balance IMP supply security and cost
- How advanced RTSM platforms enable sponsors to choose from a portfolio of resupply strategies tailored to individual trial needs
- The critical role of collaboration between sponsors and RTSM vendors in optimizing site resupply algorithms
- Best practices for selecting and implementing the most effective resupply strategy to reduce waste and costs while ensuring supply security
Xtalks Partner
4G Clinical
4G Clinical’s suite of innovative RTSM and clinical supply optimization software provides the right-sized support for any phase or trial complexity. At 4G Clinical, all studies are supported by a team of RTSM experts to advise trial teams on the best path forward. Our operations team distinguishes itself through their extensive industry expertise and deep understanding of trial designs and mid-study adjustments. 4G Clinical is committed to helping sponsors and CROs follow the science, wherever it may lead, as quickly and as safely as we can. While we will not discover the next novel compound in the lab, we are doing our part by leveraging our extensive experience and technological innovations to bring speed and agility to clinical trials. As a critical partner throughout clinical development, we can help you seamlessly transition and scale your trials through both protocol and supply complexities to help bring crucial medicines to those who need them, faster. To learn more about how we are tackling the bottlenecks in clinical trials through our innovative solutions, Prancer RTSM® and 4C Supply®, visit us at www.4gclinical.com.
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