Successful Vendor Management in Medical Device Trials
One of the most challenging aspects of the outsourcing in medical device trials is to find and manage your vendors. This article highlights key areas that are crucial for the successful vendor management in the crowded medical devices market.
Why recruitment is so important to overall vendor management process?
Choosing the right vendor is an area that a lot of manufacturers are finding difficult. There is a large offering of clinical trial service providers in the United States but given that medical device trials are cheaper, most CROs will prioritize drug trials.
In addition, vendor management in med device field is even more complicated, because you need to be looking for more than general medical device trials experience in CRO. You need to be aiming to find a vendor who demonstrates in depth knowledge specifically in your product’s area.
During the first day of the OCT: Medical Devices USA 2017, topics that are specifically related to vendor selection will be covered. We will be looking at how to identify the right vendor or how to find a vendor that would guide you to the right direction with their local knowledge and many more.
Resources and trial timeline in the vendor management process
To make vendor management process successful, resources need to be considered carefully beforehand. For example, you need to judge if you have enough time and capital to monitor CROs work when collaborating with multiple functional vendors.
You also need to think about timeline management, as having many vendors may affect the feasibility of your trial timeline. On one hand, you will add expertise by collaborating with specialised vendors who can support you in your areas of need, on the other – the more CROs you have, the more time you will spend on vendor management.
This year’s OCT Medical Devices conference will be looking at all the problems above and help you to chose the best outsourcing strategy by learning about topics like the value of functional outsourcing strategy to coordinate your need while controlling the whole trial quality with Ya-Chen Tonar, Vice President, Clinical and Regulatory Affairs at Bruin Biometrics.
Join Outsourcing in Clinical Trials Medical Devices 2017 and learn how to work with a CRO to ensure smooth vendor management. You will leave this event knowing how to support care pathwaysfor successfully interactions with patients and development of data for Registries, how to ensure your vendor management lead to more patient centric medical device trials or how to how to understand your CROs at different trial stages to forge the perfect vendor partnership.
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