Abstract
Purpose: Clinical trial study failures cause significant disruptions to supply chain operations, which lead to operational inefficiencies and financial losses. Methods: In this paper, a framework to construct a Bayesian belief network (BBN) by leveraging subject matter expertise and probabilistic elicitation methods to quantify the probability of a disruption to a clinical supply chain is presented. Results: The effect of varying input factors on a disruption probability is studied, and new metrics are developed to evaluate the significance of a disruption. Conclusions: This framework allows practitioners to assess the probability of disruptions to their network, thus enabling targeted strategies to be developed and implemented.
Original language | English (US) |
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Pages (from-to) | 467-481 |
Number of pages | 15 |
Journal | Journal of Pharmaceutical Innovation |
Volume | 15 |
Issue number | 3 |
DOIs | |
State | Published - Sep 1 2020 |
All Science Journal Classification (ASJC) codes
- Pharmaceutical Science
- Drug Discovery
Keywords
- Bayesian belief networks
- Clinical trials
- Disruption
- Probabilistic elicitation
- Risk analysis
- Supply chain management