Profile: Owens & Minor Inc (OMI.N)

OMI.N on New York Stock Exchange

33.87USD
4:04pm EDT
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$0.22 (+0.65%)
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Volume
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Owens & Minor, Inc., incorporated on December 20, 1993, is a distributor of name-brand medical and surgical supplies and a healthcare logistics company. The Company provides vital 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 serves its customers with a service portfolio that covers procurement, inventory management, delivery and sourcing for the healthcare market. The Company operates in two segments, including Domestic and International. The Company’s Domestic segment includes all functions in the United States relating to its role as a healthcare services company providing distribution and logistics services to healthcare providers and manufacturers. The International segment consists of Movianto, its European third-party logistics service.

Domestic

Domestic segment includes all services in the United States. Domestic segment includes Healthcare Supply Industry in the United States. The Company offers portfolio of products and services to healthcare providers and manufacturers in the United States. The Company’s portfolio of medical and surgical supplies includes branded products purchased in volume from manufacturers and its own MediChoice private-label products. The Company stores these items at its distribution centers and provides delivery of these products, along with related services to healthcare providers around the world.

The Company also offers services to healthcare providers, including supplier management, analytics, inventory management, outsourced resource management, clinical supply management and business process consulting. The Company’s value-add services help providers improve process for contracting with vendors, purchasing supplies and streamlining inventory. These 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 assembly and delivery of surgical supplies.

The Company offers programs and services to provide logistics and marketing solutions to its manufacturer customers. All of the Company’s services utilize a common infrastructure of distribution centers, equipment, technology, and delivery methods. The Company operates a network of 43 distribution centers located in the continental United States.

International

The Company’s International segment consists of Movianto, which is a European contract logistics service provider to the pharmaceutical, biotechnology and healthcare industry. The Company offers a range of supply chain logistics services to manufacturers. The Company’s warehousing and transportation offerings include storage, controlled-substance handling, cold-chain, emergency and export delivery, inventory management and pick & pack services. The Company’s other services include order-to-cash, re-labeling, kitting, packaging, customer service and returns management. Movianto has a network of 20 logistics centers in 11 European countries, including Belgium, Czech Republic, Denmark, France, Germany, Netherlands, Portugal, Slovakia, Spain, Switzerland and the United Kingdom.

The Company competes with Cardinal Health, Inc. Medline, Inc., United Parcel Service, FedEx Corporation, Deutsche Post DHL and Alloga.

Company Address

Owens & Minor Inc

9120 LOCKWOOD BLVD
MECHANICSVILLE   VA   23116
P: +1804.7237000
F: +1804.7237100

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