Whisper Down the Supply Chain...

Whisper down the supply chain...

What is the one constant in clinical supply chain management? The answer is pretty elusive. So what is true almost 100% of the time? Simply the constant is… that there is no constant! Change will happen. We looked into why change is so prevalent in clinical supply chains. Most changes focus around two critical areas, specifically clinical trial and product assumptions.

Clinical trial assumptions start to become formulated well before they reach the supply chain group. Through iterations, upon iterations of study designs, site and recruitment assumptions, participating countries, and so forth, the information transfers though many individuals in a game of whisper down the supply chain. As a result, rarely are pre-study assumptions proven to be accurate therefore, change almost always can and will occur.

The ISS Platform enables the user to make fast changes throughout the system. For example, in our ERP section, we can instantly assess the impact of changes in product expiry and production yields, after all, Biologics have a nasty habit of having actual batch yields different (typically lower) than the theoretical yield. During the life of a trial, we expect things to change, such as adding a country, new sites or patients to trial. Our system can adapt to those factors and more in mere minutes! While some systems out there may support some supply activities, the fully integrated ISS Platform provides extensive end-to-end functionality allowing for quick assessment of a proposed change before it is implemented. Our goal is to enable a user attending a meeting to hear about a change, such as adding additional sites, and instantly be able to quantity the impact.

Managing change is one of the key principles we focused on in designing our supply chain software. When designing a software platform to manage clinical trial supply chain activities, there is no better way than to assume that there will be many changes along the way. We dedicated as much time in developing system functionality as we did on the system efficiency.

Assessing the potential impact of a change on product demand, timing and costs is important. We have been quantifying those changes using our technology for years. Not only can we quantify these key points quickly, but within the ISS Platform comprehensive reports are live, up to date, and available at the push of a button…the net result is freeing you to focus on strategy not data entry!

Visit www.innovativesupplysolutions.com to request your free, no obligation demonstration of this game changer and stop playing whisper down the supply chain.

Don't play IRT Roulette anymore!

If you are like many others in our field, you are picking your IRT settings and hoping things work out for the best. Unknowingly you are playing what’s called “IRT Roulette”! Why leave to chance or gut instinct your drug supply logic? Finally, there are means to test what you plan on implementing in an IRT system before your system goes live. (And now you can rest easy.)

Contained within the Innovative Supply Solutions Platform, are the key drug supply settings that you will implement in an IRT system. You can choose from various supply logics, such as Threshold, Predictive and Hybrid approaches. In addition to the supply logic, you can now simulate the impact of different initial shipment quantities, threshold min/max levels, predictive look-ahead supply and shipping windows, along with do not count, do not ship and do not dispense dates. Why leave such critical settings to chance when you can accurately pressure test them well in advance of the go live date for an IRT system? (And you come out looking like the smart person you are.)

ISS recognizes the importance of being able to simulate how your supply chain will be managed prior to go live of the IRT system. This enables better controls and optimization of drug supply utilization, shipping frequency and reduced risk to your study. Using our platform, you can predict changes in supply demands as the study progresses and proactively be ready to adapt key supply logic. If you happen to have expensive product, are working with controlled drug 222 processes or desire optimal supply utilization, then this approach is a must. Not only is this activity critical pre-study, but once the study is live, so the ISS Platform also enables you to quickly quantify the impact of changes to supply logic before your implement them in an IRT system! This safeguards and enhances decision making, ensuring that a change to the supply logic will not have a negative impact in the coming weeks and months of a study.

I’m sure this sounds great, but how much time will it take to change the system to get to this data? We designed the ISS Platform knowing this data is critical and will likely need to be evaluated and re-evaluated many times over the course of a study. The ISS Platform enables these changes to be quantified in terms of changes to product demand, timing and costs all in mere minutes!

Innovative Supply Solutions has created a powerful, accurate software platform that is revolutionizing clinical supply chain management. This breakthrough in supply chain management maintains ease of use, intuitive, visual reports, and high levels of accuracy to deliver an end-to-end solution that finally addresses the needs of clinical supply chain management. Our platform, consists of a targeted ERP – sized just right for R&D efforts. Demand simulation allowing fast, accurate scenarios planning. Supply actualization using real time integrated data and highly visual reports tracking actuals vs forecast. Our integrated end to end approach greatly simplifies the clinical trial supply process and has been proven to handle trials of all complexity.

So you’re wondering, “how do I get to see this risk-free on my schedule with no commitment, pressure or hassles?” Just give us a call at 267-433-2465 ext. 102 or email mwarren@innovativesupplysolutions.com and we’ll take care of you.

Stop playing IRT Roulette - your loved ones will thank you.

Be Afraid of "Frankensheets"...be very afraid....

There exists a variety of forecasting solutions each with different levels of sophistication, from robust software systems to rudimentary Excel models. Even with more sophisticated solutions, Excel remains one of the most common tools for drug supply forecasting. Why? Simple, Excel is comfortable and easy to use. Although Excel starts off simple and easy to run; frequently it takes on a life of its own and evolves into a monster, otherwise known as a “Frankensheet”.

Frankensheets have inherent issues such as scalability, complexity in data entry, a large margin of error, and inefficiency to name a few. So again, why are they still so commonly used? The answer - older-generation forecasting or simulation platforms have a reputation for either being overly complicated and lacking flexibility or they are overly simple to use but cannot handle the complexity of today’s studies.

Innovative Supply Solutions has created a powerful, accurate software platform that is revolutionizing clinical supply chain management. This breakthrough in supply chain management maintains ease of use, intuitive, visual reports, and high levels of accuracy to deliver an end to end solution that finally addresses the needs of clinical supply chain management. Our platform, consists of a targeted ERP/production module – sized just right for R&D efforts. Demand simulation allowing for fast and accurate scenarios planning. Supply actualization using real time integrated data and highly visual reports tracking actuals vs. forecast. Our integrated end to end approach greatly simplifies the clinical trial supply process and has been proven to handle trials of all complexity.

Learn more about our unique supply chain platform by visiting www.innovativesupplysolutions.com and don’t forget to request a free no obligation demonstration to see how you can take advantage of this platform to optimize your supply chain and finally put to rest the Frankensheet!