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An integrated supply chain management streamlines
processes and increases profitability by delivering the right product
to the right place, at the right time, and at the lowest possible
cost. Unlike commercial manufacturing supplies, clinical supplies
planning is very dynamic and can often have last minute changes. Availability
of patient kit when patient arrives at investigator site is very important
for clinical trial success.
This results in overproduction of drug products to
take care of last minute change in demand. R&D manufacturing
is very expensive and overproduction of patient kits adds significant
cost to the total cost of clinical trials.
An integrated supply chain
can reduce the overproduction of drug products by efficient demand
management, planning, and inventory management. Implementation of
ERP system (such as SAP) in R&D can have major ROI by an efficient
supply and inventory management system and also by reducing overproduction. |