WISDOM GOLD^SM

The Key To Optimizing Supply Chain Performance
Is Focusing Your Efforts On The Biggest Opportunities.

Setting a new standard.

Based on award-winning successes with its WISDOM applications in use in over 1,500 hospitals throughout the United States, Owens & Minor has forged a new solution that truly is “solid gold.”

WISDOM GOLD^SM  is a spend management, analysis and reporting solution that equips you with the depth of information you need in supply chain management decision-making. This Internet-based tool brings you actionable intelligence on contract compliance, tier level maximization, product standardization and other key areas. With it, you can conduct price parity audits and rebate analyses, access contract expiration notifications and analyze non-contract to contract opportunities. Plus, unlike other spend management tools, WISDOM GOLD^SM  provides visibility into your local, IDN and GPO contracts.

As depicted below, WISDOM GOLD^SM  maps your purchasing details across multiple UNSPC product categories providing actionable intelligence for your critical supply chain initiatives.

• Aggregate information from disparate clinical, contracting, purchasing and accounts payable systems.

• Accelerate your standardization efforts to identify savings opportunities.

• Identify contract savings opportunities and maximize tier-level savings. · Prevent contact pricing errors due to expired or invalid contracts.

• Access an on-line repository of digitized contract data, including pricing synchronization.



How It Works.

WISDOM GOLD^SM  enables your organization to draw upon the expertise of a dedicated spend analyst supported by Owens & Minor’s Analyst Resource Center (ARC), which houses data for over $20 billion in annual healthcare spending. 

• You receive a “plug and play” WISDOM GOLD^SM interface package from Owens & Minor.

• Data transmission is automatic from your location(s) to WISDOM GOLD over a secure Internet connection.  Any new products are automatically mapped against our product reference database.

• Contract digitization service captures all contracts (GPO, IDN, and Local) and relates to vendor purchases.

• You select pre-defined reports, or build and run your own customized reports, with easy downloading to Excel or other preferred formats.

It’s Not Just About Data, It’s About Trust. 

As the leading distributor of national name-brand medical and surgical supplies, Owens & Minor understands how vital information is to your operation. We also understand how important it is to make technology easy to use for all who need access. So while we’re here to help you save money, we’re also here to help your staff save time, so they can focus on delivering superior patient care. Wisdom Gold is just one of many ways we’ll work to help you leverage logistics and technology to maximize every dollar and human resource. To find out more, contact your local OMSolutions^SM  representative.