RICHMOND, Va., May 04, 2010 (BUSINESS WIRE) --Owens & Minor, Inc. (NYSE:OMI), a FORTUNE 500 company and a leading distributor of medical and surgical supplies to the acute-care market and a healthcare supply-chain management company, announced it has completed the launch of a new service offering designed to support the supply chain management needs of medical-device and life-science manufacturing companies. With the launch of OM HealthCare LogisticsSM (OM HCLSM), Owens & Minor is now providing cGMP compliant, third-party logistics, and business-process outsourcing services to healthcare product manufacturers. OM HCL has been established using a highly configurable and process-oriented infrastructure based upon best-of-breed technologies from RedPrairie, JDA Software and CDC Software, hosted with Dell Perot Systems. OM HCL's comprehensive, yet specialized, end-to-end supply-chain outsourcing solutions include: warehousing, cold chain management, reverse logistics, repackaging, sample management, kitting and order management solutions that are designed to enable manufacturers to optimize costs, ensure regulatory compliance, streamline operations and maximize profits.
"With OM HealthCare Logistics, we are extending Owens & Minor's in-depth logistics experience, technology capabilities, and industry footprint to healthcare product manufacturers by offering a new, full-service solution to address the needs of an increasingly complex supply chain," said Craig R. Smith, president & chief executive officer of Owens & Minor. "With this service, we can provide a full outsourced supply-chain management option to a wide variety of manufacturers, including those who have traditionally shipped their products directly to healthcare providers. Our service effectively leverages newly available technology, industry expertise and our own knowledge of the healthcare industry to help manufacturers streamline operations, improve efficiency, and optimize costs."
In conjunction with this effort, Owens & Minor has leased and outfitted a specially designed, cGMP compliant distribution center in Louisville, Kentucky, designated solely to the OM HCL service. OM HCL is currently serving customers from the 200,000 square-foot facility. Owens & Minor officials and the OM HCL team will host an invitation-only open house at the facility on May 6, 2010, for healthcare product manufacturers and other guests.
For more information about OM HCL, visit the web site www.omhcl.com.
Safe Harbor Statement
Except for historical information, the matters discussed in this press release may constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected. These risk factors are discussed in reports filed by the company with the Securities & Exchange Commission. All of this information is available at www.owens-minor.com. The company assumes no obligation, and expressly disclaims any such obligation, to update or alter information, whether as a result of new information, future events, or otherwise.
Owens & Minor, Inc., (NYSE: OMI) a FORTUNE 500 company headquartered in Richmond, Virginia, is a leading national distributor of name-brand medical and surgical supplies and a healthcare supply-chain management company. Owens & Minor is also a member of the Russell 2000(R) Index, which measures the performance of the small-cap segment of the U.S. equity universe, as well as the S&P MidCap 400, which includes companies with a market capitalization of $750 million to $3.3 billion that meet certain financial standards. With a diverse product and service offering and distribution centers throughout the United States, the company serves hospitals, integrated healthcare systems, alternate care locations, group purchasing organizations, and the federal government. Owens & Minor provides technology and consulting programs that improve inventory management and streamline logistics across the entire medical supply chain--from origin of product to patient bedside. For news releases, or for more information about Owens & Minor, visit the company Web site at www.owens-minor.com.
SOURCE: Owens & Minor, Inc.
Owens & Minor
Trudi Allcott, Director, Investor & Media Relations, 804-723-7555
OM HCL: Elizabeth Sheridan, Director, OM HCL Marketing, 804-723-7420
