Assessment of Supply Chain: case study of Virginia Mason (VM) and Owens and Minor (O&M) 1. Assessment of Total Supply Chain Cost (TSCC) CostTrack program has become Total Supply Chain Cost (TSCC). These two programs were developed by Owens and Minor (O&M)‚ the contrast between these two programs was that TSCC was focus on performance driven in the supply chain. TSCC was created as an activity-based pricing model which was related to products supplied in the pharmaceutical area‚ rather than volume
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| Owens & Minor | Case Analysis | | | 2/1/2011 | | Executive Summary Owens & Minor is a distributor of surgical and medical supplies to hospitals and other health care facilities. Due to changing demand from customers‚ the company is facing increased operating costs‚ which has resulted in lower profit margins and even losses. In 1993‚ O&M recorded an $18 million profit‚ which was reduced to a loss of $11 million in 1995. The entire industry is experiencing similar
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Case Summary: Owens & Minor‚ Inc. Owens & Minor‚ Inc. is one of the nation’s largest distributors of medical and surgical supplies that has been in operation for over 114 years. Obtaining and keeping profitable customers was critical for Owens & Minor‚ Inc. The company had an opportunity to negotiate business with Ideal Health Systems‚ a manufacturing company‚ when Ideal’s $30 million annual medical/surgical supply contract was up for bid. This was an opportunity Jose Valderas‚ divisional vice
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1. What is the value-added by Owens and Minor? Is this value-addition visible? * They own and manage the inventory for the manufacture * They take on the financial risk associated with the function of managing the inventory flow to the hospitals. * They care for product returns and carry the risk for that. * They carry the receivables (cash flow issues due to long payment terms of customers; actually a 90 days credit) * They carry and manage most of the inventory for the hospitals
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Part 1 - Kaplan ’s Goal and Rationale in Adopting TPSDr. Gary Kaplan very much believed in the corporate culture of Virginia Mason Medical Center (VMMC) and in the case study states that it was the collaborative team approach that attracted him to VMMC. However‚ when he took over as CEO in 2000‚ the medical center was losing money for its first time in history. Kaplan had to move VMMC to become a learning organization that could be lean‚ and compete within a very competitive industry during a period
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with inventory to distributor‚ and they also want distributor to provide better services at its own expense. Moreover‚ competitions from private label distributors and manufacturing distributors further squeezed profit margin of our company. Owens and Minor play a very important role in the entire SC. They are in charge of providing information to manufacturers on product flow. Their services to the hospitals include storing the inventory in their warehouse and making constant shipments based on
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Universität München Management Accounting -Case Study- Harvard Business Case Case Study: Owens & Minor Structure of the Case Study 1. 2. 3. 4. 5. O&M: Company Profile Costing and Pricing at O&M The Case O&M‘s Proposal Solution of the Case-Questions © Gunther Friedl – WS 11/12 Case Study: Owens & Minor Owens & Minor‚ Inc: Company Profile Headquarter: Mechanicsville‚ Virginia‚ U.S Revenue 2010: $ 8.12 billion Number of employees 2010: 4‚800 One of the leading distributors
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Background Frank Mason and Abbott Business Supplies (ABS) are both at pivotal moments in their respective histories. ABS is a San Francisco-based regional manufacturer and supplier of stationery products and related business supplies with annual sales on the order of $10 million. Previously family-owned‚ it was acquired 18 months ago by military avionics producer Houston Electronics (HE)‚ whose annual turnover is likely 2 orders of magnitude more than that of ABS. ABS acquisition was not a popular
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and Fall of Healthsouth ’s Richard Scrushy.” Fortune Magazine‚ July 7‚ 2003. Hoover’s Inc. (2006). http://premium.hoovers.com. HealthSouth Corporation-Profile‚ Accessed on (August 10‚ 2006) Johnson‚ Carrie (2005). “Credibility Of Ex-CFO Questioned; Owens Opportunistic‚ Scrushy Lawyers Say”‚ The Washington Post. (Final Edition). Washington‚ D.C.: Feb 12‚ 2005. pg. E.01 Johnson‚ Carrie (2005a). “Jury Acquits HealthSouth Founder of All Charges”. The Washington Post. (Final edition)‚ Washington‚ D.C.:
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of Biddy Mason exemplifies the principle that one’s background need not define who one is‚ nor need it limit what one can become through perseverance and determination. Beginning with Biddy’s birth‚ and continuing until later in life‚ her story would be one full of struggles and hardships. Bridget Mason‚ or more commonly
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