Forecasting and Optimization of the Clinical Supply Chain Summit 2015

A Clinical Trial Supply Chain is put into place in order to optimize the manufacturing and distribution of materials that a clinical trial will require. This includes the optimal placement of supplies within the supply chain with a goal to minimize operational expenditures (manufacturing, transportation, distribution). Generally, a majority of enhancement procedures that are applied to the pharmaceutical industry have the same overall envision: to lower cost. This is where forecasting comes into play, involving algorithmic, predictive techniques.