Before the ongoing deadly pandemic affected the entire world, pharmaceutical companies and medical professionals were already struggling to meet the rising demands for drugs and medication.
Then the pandemic only made the situation worse, however, thanks to drug supply management and everything it has to offer, pharmaceutical supplies are now being maintained safely.
The main aim of drug supply management is to retain the security, reliability, and safety of clinical pharmaceutical supply, reducing shortage risks and accelerating the distribution process without any disruptions and hiccups.
It also ensures that pharmacies, medical professionals, and the patients they cater to are able to get viable medications whenever they need them.
If you want to know more about drug supply management, here’s a simple and comprehensive guide to help you navigate the importance of this process.
What does drug supply management entail?
In simple terms, drug supply management is the process of managing and planning all drug and medication-related activities. It starts all the way from sourcing, acquisition, storing, distributing, and ends with the delivery of pharmaceuticals from the manufacturer to the end-user or patient.
With drug supply management, pharmaceutical companies and medical professionals are able to ensure their customers and patients are able to access viable drugs and healthcare services whenever they need them. It helps create a steady flow of drugs from the producers down to the patients.
Activities that are involved in drug supply management
As mentioned earlier, the process entails sourcing materials, procurement, warehousing, and much more. But if you want your drug supply management to function adequately, you’ll also need to forecast demands, look out for risk management, acquire raw materials, facilitate storage and manufacturing, manage inventory, create a network for distribution, and much more.
Drug supply management and digital technologies
With the demand for drug supply management rising every day, it’s essential to utilize digital technologies and tools to improve and streamline the process.
They help create a better end-to-end supply chain, facilitate data in real-time, allow information to flow continuously, and foster collaboration through a shared database and workflow.
If you’re looking to get your hands on drug supply management systems and software, check out Clinical Pursuit.
At Clinical Pursuit, they offer a plethora of services, including Drug Supply Management, Clinical Trial Data Management Solutions, Clinical Trial Data Management Software, Electronic Patient-Reported Outcome Software, Clinical Electronic Data Capture Software, and much more.
Schedule a one-on-one free demo today!