2024 - Adapting IRT Resupply Algorithms to Balance Risk and Cost

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.
Keywords: 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