ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

CAH Cardinal Health Inc

98.80
0.00 (0.00%)
Pre Market
Last Updated: 11:20:30
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cardinal Health Inc NYSE:CAH NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 98.80 0 11:20:30

Cardinal Health announces location of pharmaceutical distribution center for over-the-counter products

02/04/2024 1:00pm

PR Newswire (US)


Cardinal Health (NYSE:CAH)
Historical Stock Chart


From Mar 2024 to Jun 2024

Click Here for more Cardinal Health Charts.

The Consumer Health Logistics Center will be located in Central Ohio and serve as a centralized hub for distribution of consumer health products

COLUMBUS, Ohio, April 2, 2024 /PRNewswire/ -- Today, Cardinal Health (NYSE: CAH) announced that construction has begun for a new 350,000 square-foot logistics center in Columbus, Ohio, that will serve as a centralized replenishment center for the distribution of over-the-counter consumer health products in support of its core pharmaceutical business.

Cardinal Health Logo (PRNewsfoto/Cardinal Health)

Located in the Rickenbacker Global Logistics Park, the Consumer Health Logistics Center will be the fourth Cardinal Health distribution facility in Central Ohio, along with its corporate headquarters in Dublin, Ohio. Scheduled to be fully operational by Summer 2025, the facility will create approximately 100 new jobs in Ohio.

"Over the past five years, we've seen rapid growth in the demand for consumer health products," said Debbie Weitzman, CEO Pharmaceutical & Specialty Solutions. "The new Consumer Health Logistics Center will support our customers' needs for affordable, reliable and comprehensive options of over-the-counter medications, treatments and diagnostic solutions to serve their patients."

The implementation of advanced inventory management systems in the Consumer Health Logistics Center will continue to improve supply chain resiliency, offering customers a broader range of product options. By enhancing speed, convenience, and reliability, this investment showcases Cardinal Health's dedication to delivering dependable and efficient healthcare solutions.

"The innovative technology and solutions powering the Consumer Health Logistics Center will be a differentiator in the marketplace," stated Jamie Barker, SVP, Pharmaceutical Supply Chain. "I'm looking forward to how this center will improve Cardinal Health's agility and speed to optimize product needs across the network, replenish and balance inventory more frequently, and provide unparalleled supply chain responsiveness for our customers."

The Consumer Health Logistics Center will feature the latest logistics technology, Honeywell Intelligrated® software-enabled automation and operator workflows to optimize inventory efficiency and outbound product flow. The use of automation will enhance the work experience for Cardinal Health employees while also supporting fluctuations in product demand and labor.

Cardinal Health is working in partnership with Prologis, a global leader in logistics real estate solutions, the Columbus Regional Airport Authority and Capitol Square.

About Cardinal Health
Cardinal Health is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for healthcare facilities. With more than 50 years in business, operations in more than 30 countries and approximately 48,000 employees globally, Cardinal Health is essential to care. Information about Cardinal Health is available at cardinalhealth.com.

Contacts
Media: Kerry Christopher, kerry.christopher@cardinalhealth.com and 248-520-8377
Investors: Matt Sims, matt.sims@cardinalhealth.com and 614.553.3661

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cardinal-health-announces-location-of-pharmaceutical-distribution-center-for-over-the-counter-products-302105367.html

SOURCE Cardinal Health

Copyright 2024 PR Newswire

1 Year Cardinal Health Chart

1 Year Cardinal Health Chart

1 Month Cardinal Health Chart

1 Month Cardinal Health Chart

Your Recent History

Delayed Upgrade Clock