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Interactive eProcurement: An Innovative Technology Solution for CROs and Sponsors
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Track:
Outsourcing (OS)
Day & Time:
June 15, 10:00AM - 11:30AM
Room Number:
147B
Level:
Basic
Session Title:
Session # 229- Interactive eProcurement: An Innovative Technology Solution for CROs and Sponsors
Session Chair(s):
David N. Slack, PhD
Head of Contracts & Proposals
Quanticate Limited, United Kingdom
Session Description:
Electronic procurement (eProcurement) platforms are being increasingly employed in the outsourcing of clinical trials. Electronic tendering can substantially reduce the tasks of distribution, receipt, and tracking of tender submissions to streamline and manage the entire procurement process. This solution offers recognized business benefits, including a reduction in tender cycle time and paper trails, accompanied by a reduction in costs to both buyers and suppliers. Current approaches, however, offer limited interactivity and still rely on traditional proposals and pricing tools.
This session will focus on the successes and limitations of current eProcurement systems from a CRO, sponsor, and technology vendor perspective, and demonstrate an innovative CRO-hosted solution offering an interactive and transparent approach to clinical outsourcing.
Objective:
Describe the application of technology solutions in the establishment of a more transparent and interactive approach to clinical outsourcing; Evaluate current and future electronic procurement solutions from a CRO, sponsor, and technology vendor perspective; Recognize the importance of establishing a collaborative environment at the earliest stage of the relationship, to minimize time to study initiation and maximize successful study delivery.
Presentation(s) & Speaker(s):
Do Ibuy what eVends?
Mark Wakefield
Head Clinical Development Operations
Addex Pharma SA, Switzerland
CRO Shopping: Why Can’t Buying Clinical Trial Services Be as Easy as Amazon.com?
Max Leisten, MBA
Market Director, Life Sciences
SciQuest Inc., United States
eProposals: A Personalized eVending Solution or a Self-service Offering?
David N. Slack, PhD
Head of Contracts & Proposals
Quanticate Limited, United Kingdom
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