Owens & Minor, Inc.

Overview

Owens & Minor, Inc. is a company operating within the Transportation and Logistics industry, specifically focusing on logistics and supply chain solutions for the healthcare sector, including medical devices. With approximately 20,000 employees and reported revenues of $10.7 billion, the company provides critical supply chain services aimed at improving efficiency and reducing costs for healthcare providers. One of their key offerings is the OM Expanded Access™ Standardization, which helps healthcare facilities streamline their supply processes by identifying opportunities to procure products directly from manufacturers. A case study involving a prominent West Coast Academic Medical Center illustrates the effectiveness of this approach, where Owens & Minor facilitated the analysis of purchasing trends, leading to significant cost savings and operational efficiencies. The initiative resulted in over $1 million in product conversions through their distribution channel and a 3% reduction in operational expenses, demonstrating the company's commitment to enhancing supply chain management in the medical field.

Industry