Embed
Email

Just right

Document Sample

Shared by: dfgh4bnmu
Categories
Tags
Stats
views:
0
posted:
10/20/2011
language:
English
pages:
4
distributor profile







“Just right”

solutions

T

oday’s economic conditions, On one hand, MMS services all of

MMS’ goal is along with the competitive the different healthcare markets (e.g.,

to follow both nature of the industry, have

forced distributors to re-evaluate and

acute, LTC, physician, hospice, retail,

homecare, government, specialty and

the patient and refocus their objectives, strategies and

goals for serving their healthcare cus-

redistribution). As such, it gets pulled

in many different directions. Is this

the provider, tomers. Repertoire recently interviewed still the case? Or, has MMS grown

Bernie Thien, vice president-logistics, increasingly comfortable in its role in

wherever MMS – A Medical Supply Com- each of these markets? Please explain.

pany, to learn what steps the Earth Bernie Thien: Actually, as the market

products are City, Mo.-based distributor is taking evolves, our market diversity and the

to adjust to, and succeed in, today’s fact that we have many sales reps who

being used in healthcare climate. cover multiple classes of trade has put

their care. Repertoire: In 2007, when Repertoire

us in the position of being uniquely

valuable to our customers. The line

last interviewed MMS President and between market segments is blurring.

CEO Gary Reeve, he commented As hospitals are increasingly purchas-

that the company’s diversity can be ing surgery centers, outpatient clinics

both a strength and its weakness. and private practices and affiliating

themselves with hospices and nurs-

ing homes, MMS is one of the few

distributors that can offer one knowl-

edgeable point of contact familiar

with each segment they are support-

ing. If the rep is not familiar with a

particular business area, he or she

knows that MMS has market experts

just a phone call away.



Repertoire: Your customers in the

various markets you service often re-

quire the same products. Yet, MMS

does not take a cookie cutter approach.

How have you avoided doing so?

Thien: Many of our products are

used by multiple markets, but they

are often needed in different units of

measure. Our operating system al-

Bernie Thien, vice president-logistics, MMS. lows us the flexibility to offer several





12 : repertoire | October 2010 | www.repertoiremag.com

distributor profile

units of measure, so we can offer each market not

only the size/quantity they need, but the cost ef-

ficiencies generated by aggregating all the volume.

So, for instance, with physicians, it’s all about cash

flow and shelf space. We are in a position where

we don’t have to sell them a whole case of gloves

or other product. We are proud of our ability to

fit our offerings to our customers, not the other

way around. Every MMS sales rep is charged with

partnering with their customers, really understand-

ing their customers’ needs, and then working with

other MMS team members, if necessary, to find and

implement “just right” solutions.



Repertoire: Also in 2007, Reeve and Tom Harris, ex-

ecutive vice president, anticipated that home care and

hospice would be significant to the company’s future

growth. Has this proven to be true? Please explain.

Thien: Homecare and hospice have shown signifi-

cant growth within MMS over the last few years,

but we now view these businesses as strategic com-

ponents of our focus on the entire continuum of

care. It is MMS’ goal to follow both the patient and

the provider, wherever products are being used in

their care.



Repertoire: Reeve also expected the company’s in-

dustrial business to grow substantially (from $3 mil-

lion to as much as $6 million). Has it done so?

Thien: Growth has been steady and we still antic-

ipate sizeable growth in our industrial division. As

any evolving new business, it has led us into dif-

ferent directions and caused us to adjust our origi-

nal strategy. We’ve developed strategic partners to

provide contract manufacturing and thereby align

customer outsourcing requirements with open

manufacturing capacity.



Repertoire: How have MMS’ equipment sales ex-

panded over the last couple of years?

Thien: Our equipment sales have shown dramatic

growth over the last few years, especially in the physi-

cian market. Equipment is a critical strategic compo-

nent for MMS. We have an internal team of equip-

ment experts who support all of our sales reps in all

of our markets. Our expertise allows us to be consul-

tative to the customer and ensure they get the right

product, both for their immediate needs as well as for

future regulatory or connectivity needs. We also pro-

vide staging, installation and a leasing program.

distributor profile



for MMS, for many manufacturers and

for small distributors.



Repertoire: What types of distribu-

tors tend to take advantage of your

redistribution services?

Thien: Our distributor customers ser-

vice most medical supply markets, al-

though most are too small to compete

in the acute care arena. These business

owners are true entrepreneurs that

know how to stay lean and focus on

their core competencies. With access to

our master distributor agreements, they

have access to the same pricing as their

larger competitors. They also have ac-

cess to a depth of inventory that they

could not otherwise afford. This allows

them to focus on relationship building

and service levels.



Repertoire: How do you market

your redistribution services to small

distributors? How do you reach

potential customers?

Thien: Marketing of the redistribu-

tion effort is somewhat limited. Po-

tential customers are referred to us by

our manufacturer partners, IMCO, and

(Left to right) Lee Boughan – MMS director of Vendor Relations, Thien and Greg Benoist – MMS director of existing customers. We work with our

Branch Operations.

manufacturers to communicate any

Repertoire: What markets have you What motivated MMS to become a new master distributor relationship and

targeted with respect to equipment re-distributor? address any concerns these distributors

sales? Which types of customers have Thien: MMS has always sold to other may have. Many distributors are upset

the means and are looking to invest distributors, but the company didn’t at first, because they feel they’re being

in new equipment? Which products receive its first “Master Distributor” forced to buy from a competitor. I try

have been in high demand and which assignment until early 2001. One of to talk to each business owner directly

products do you expect to be in high our manufacturer partners at that time to explain our value proposition. I really

demand in 2011? asked if we would be interested in ser- enjoy working with the other distribu-

Thien: High-demand products in- vicing its smaller distributor accounts. tors. They are true entrepreneurs, and I

clude those that increase reimburse- MMS viewed this as an opportunity have a lot of respect for them.

ment and improve patient care, such to grow its business, while improving

as power exam tables, improved light- operating efficiencies. Because of our Repertoire: How does MMS work

ing systems and CLIA-waived diag- flexible logistics capabilities, we didn’t with IMCO with regard to its redistri-

nostics equipment. have to create a whole new infrastruc- bution program? Please explain how

ture to support the additional volume. this relationship works.

Repertoire: Please tell us about your We view redistribution services as an- Thien: MMS is an IMCO member and

redistribution program. When and other way that MMS is taking costs out we act as the warehouse to the IMCO

how was this program launched? of the overall healthcare supply chain membership. Many of our redistribution





14 : repertoire | October 2010 | www.repertoiremag.com

customers are IMCO members as well. that most of your potential customers ibility to provide customized solutions

We work closely with IMCO to sup- have the product knowledge and know and the hands-on partnership that

port their marketing efforts and mem- what they should be paying before you have always differentiated us. As a pri-

bership programs. walk in their door. Focus on developing vately held company, we have the abil-

your unique value proposition as an es- ity to rapidly respond to market shifts,

Repertoire: Is selling to – and reach- sential part of your business plan. and we have developed a culture that

ing out to – customers a lot different encourages the pursuit of new oppor-

today than it was 10 or 15 years ago? Repertoire: Where do you envision tunities. In addition to organic growth,

Please explain. MMS in the next five to 10 years? we plan to continue to evaluate acqui-

Thien: The customers haven’t What are the company’s goals? sitions as a route to new ideas, new

changed, but their expectations have.

The Internet allows them to identify

the specific items or products they The customers haven’t changed, but

need and to place their orders im-

mediately. They expect their delivery

their expectations have. The Internet

and invoicing to be as seamless as the allows them to identify the specific

ordering process. They also expect

their distributor to do more than ship items or products they need.

product. Our customers are looking

for proactive ways to help them de- Thien: MMS looks forward to grow- people, and new markets. Ten years

liver quality care more cost effectively. ing profitably and continuing in our from now, we are confident that MMS

unique place in the healthcare distri- will continue to be in the healthcare

Repertoire: Can you offer any advice bution market. We want to be large distribution business. As far as what

to others considering starting their enough to offer our customers the the market mix will be or what addi-

own healthcare distributorship today? features and benefits that the big guys tional geographies we will be servicing,

Thien: Do your homework. Understand do, but we also want to retain the flex- that remains to be seen.





www.repertoiremag.com | October 2010 | repertoire : 15


Related docs
Other docs by dfgh4bnmu
OPPORTUNITY IN DISGUISE
Views: 0  |  Downloads: 0
Bowl Cling
Views: 1  |  Downloads: 0
Elementary School Newspaper Activities
Views: 1  |  Downloads: 0
Cornell University Health Excuse Policy
Views: 2  |  Downloads: 0
By registering with docstoc.com you agree to our
privacy policy

You are almost ready to download!

You are almost ready to download!