Profile: Owens & Minor Inc (OMI.N)
27 Feb 2017
Owens & Minor, Inc., incorporated on December 20, 1993, is a global healthcare services company. The Company provides supply chain assistance to the providers of healthcare services and the manufacturers of healthcare products, supplies and devices in the United States and Europe. The Company operates in two segments: Domestic and International. The Domestic segment includes all functions relating to its role as a medical supply logistics company providing distribution; kitting, including Medical Action Industries Inc. (Medical Action), and logistics services to healthcare providers and manufacturers in the United States. The International segment consists of Movianto Group (Movianto) and ArcRoyal. The Company serves customers with a service portfolio that covers procurement, inventory management, delivery and sourcing for the healthcare market. With fully developed networks in the United States and Europe, it serves a customer base, ranging from hospitals, integrated healthcare systems, group purchasing organizations and the United States federal government, to manufacturers of life-science and medical devices and supplies, including pharmaceuticals in Europe.
The Company's Domestic Segment offers a portfolio of products and services to healthcare providers and manufacturers in the United States. Its portfolio of medical and surgical supplies includes branded products purchased from manufacturers and its own private-label products, which are internally sourced through its sourcing capabilities abroad or through a select group of manufacturers. It stores its products at its distribution centers and provides delivery of these products, along with related services, to healthcare providers around the nation. Its packaging capabilities offers the packaging of instruments and supplies into custom and minor procedure kits and trays, which are assembled and delivered based on the specifications provided by the healthcare provider customer. For sterilized kits and trays, it utilizes one or more third-party sterilization contractors.
The Domestic segment offers additional services to healthcare providers, including supplier management, analytics, inventory management, outsourced resource management, clinical supply management and business process consulting. These services help providers in their process for contracting with vendors, purchasing supplies and streamlining inventory. These services include its operating room-focused inventory management program that helps healthcare providers manage suture and endo-mechanical inventory, as well as its customizable surgical supply service that includes the packaging and delivery of surgical supplies in procedure-based totes to coincide with the healthcare providers' surgical schedule. It also offers a variety of programs and services to provide logistics and marketing solutions to its manufacturer customers as well. All of its distribution and logistics services utilize a common infrastructure of distribution centers, equipment, technology, and delivery methods (internal fleet, common carrier or parcel services). The Company operates a network of over 40 distribution centers located throughout the continental United States.
The Company's International segment, through Movianto, provides contract logistics services to the pharmaceutical, biotechnology and healthcare industry, offering a range of supply chain logistics services to manufacturers. Its warehousing and transportation offerings include storage, controlled-substance handling, cold-chain, emergency and export delivery, inventory management, and pick and pack services. The segment's other services include order-to-cash, re-labeling, kitting, customer service and returns management. Through its kitting operations in ArcRoyal, it offers custom procedure trays to manufacturers and healthcare provider customers throughout Europe. The International segment has a network of over 20 logistics centers and one kitting facility in over 10 European countries, including Belgium, Czech Republic, Denmark, France, Germany, Ireland, Netherlands, Portugal, Slovakia, Spain, Switzerland and the United Kingdom. To serve its clients, the Company uses a fleet of leased and owned trucks, including cold-chain delivery trucks.
The Company competes with Cardinal Health, Inc., Medline, Inc., United Parcel Service, FedEx Corporation, Deutsche Post DHL and Alloga.
Owens & Minor Inc
9120 LOCKWOOD BLVD
MECHANICSVILLE VA 23116