News
Medline Invests $500M in Medical Supply Inventory
September 8, 2022Medline Industries Inc. recently invested an additional US$500 million in the company’s incremental medical supply inventory.
Medline’s investment, completed earlier this year, brings the company’s total on-hand inventory to more than $4 billion. The added products allow Medline to ensure product availability and timely delivery despite global supply chain challenges.
“Our inventory management strategy has always been designed with one goal in mind—ensure that the right products are available at the right time to meet the demands of our customers and the patients in their care,” said Jim Pigott, Medline president. “This latest investment reflects our ongoing pledge to provide reliable, superior service to health care systems across the continuum of care.”
About Medline
Medline Industries Inc. is a Mundelein, Illinois-based distributor of medical supplies and equipment. For more information, visit www.medline.com.