Medical supply company Medline Industries is planning for the next supply chain shortage by securing $500 million in inventory, creating a stockpile worth $4 billion.
"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," Medline President Jim Pigott said in a news release.
Medline, based in Northfield, Ill., owns 20 manufacturing facilities in North America.
With the investments to support its supply, the company says it now owns 50 distribution centers and its own MedTrans fleet of 1,300 trucks that can supply customers within one day to 99 percent of the U.S.
Medline makes masks, surgical gowns, gloves, diagnostic equipment and other supplies, a business that sees it providing 200 million health care procedure kits each year.