00:00:12.950 --> 00:00:19.360 Maxann_Lockard@premierinc.com: Hello! Everyone looks like everyone is coming in from the wait room. Thank you. Guys so much for waiting. 2 00:00:37.730 --> 00:00:41.080 Maxann_Lockard@premierinc.com: Gonna give everyone, maybe another minute or 2 to hop on. 3 00:00:41.890 --> 00:00:47.050 Maxann_Lockard@premierinc.com: We have a full house today, so I'm excited to see everyone come on in and join us. 4 00:01:20.650 --> 00:01:24.350 Maxann_Lockard@premierinc.com: The numbers are still climbing, so I'll give him just another minute. 5 00:01:29.620 --> 00:01:33.460 Maxann_Lockard@premierinc.com: and while we're doing that I will go ahead and share. My screen. 6 00:02:01.980 --> 00:02:10.580 Maxann_Lockard@premierinc.com: Looks like numbers have steadied off, and we're about 3Â min after. So I wanna go ahead and get started so we can have enough time at the end for our questions. 7 00:02:11.008 --> 00:02:18.370 Maxann_Lockard@premierinc.com: Just so that you guys know little housekeeping before we roll on into our presentation. 1st off. 8 00:02:18.370 --> 00:02:43.280 Maxann_Lockard@premierinc.com: Thank you so much for joining us today, we are really excited to be able to share this with you. The s 2 s. Global story is an evolution, as you can see on screen. And it's 1 that we are just really excited about what's on the horizon. So we are thankful for your time today to be able to dive into what we have to share. Really quick, just so that you guys know the chat function is available. But we do want to open 9 00:02:43.280 --> 00:02:55.429 Maxann_Lockard@premierinc.com: this up for question and answers at the end. So if you do have any questions that you would like us to review and answer. Please add that to the QA. Section at the bottom of your zoom screen. 10 00:02:55.630 --> 00:03:17.909 Maxann_Lockard@premierinc.com: and that is where we will dive into after our slides. Conclude also this presentation is recorded, so we will be able to share this after the presentation is over today, and it will be housed on our website. So if you do have to leave early for any reason or for others who aren't able to attend. This will be accessible after we conclude. 11 00:03:18.040 --> 00:03:23.640 Maxann_Lockard@premierinc.com: and with that being said, I will go ahead and hand it on over to James to get us started today. 12 00:03:23.950 --> 00:03:26.369 James Ludwig: Hey? Thanks, Max Annon. Really appreciate it. 13 00:03:26.957 --> 00:03:37.042 James Ludwig: And just a a big shout out to everyone who's dedicated their time to attend the webinar with us today. You know, we are really excited to 14 00:03:37.840 --> 00:03:47.880 James Ludwig: be successfully through our strategic alternatives. Process. So you know, I think most of. You know that premiere announced back in February that they would seek 15 00:03:47.990 --> 00:03:55.649 James Ludwig: a partner to help unlock the potential of S. 2 s. Global and help S. 2 s. Global grow. 16 00:03:56.457 --> 00:03:58.400 James Ludwig: As an organization 17 00:03:58.620 --> 00:04:00.239 James Ludwig: outside of premiere. 18 00:04:00.280 --> 00:04:21.079 James Ludwig: And we are happy to have successfully concluded that process recently. And you know, I think many of you have seen the the press releases that have come out. We as a team as an S. 2 S. Global organization can't be more excited about the partnership with prestige Ameritech. 19 00:04:21.600 --> 00:04:24.689 James Ludwig: or about procedure. Mayor Tech acquiring s. 2 s. 20 00:04:24.780 --> 00:04:26.519 James Ludwig: We are really 21 00:04:27.267 --> 00:04:46.839 James Ludwig: happy to be positioned with an organization that believes in supply chain resiliency, an organization that believes in disrupting unhealthy supply markets and an organization that is diverse and who, we believe, can grow the S. 2 S. Book of business. 22 00:04:46.940 --> 00:04:48.440 James Ludwig: We've got 23 00:04:48.931 --> 00:05:17.700 James Ludwig: a nice sort of presentation here for for you all today. I would be remiss if I didn't thank our Sus global employees for bearing with us through the entire strategic alternatives process. And our customers, who, you know, I know, heard a lot of rumors out there about who might acquire Sus about the choices they may have to make. 24 00:05:18.260 --> 00:05:20.989 James Ludwig: If some of those rumors came true. 25 00:05:21.381 --> 00:05:28.249 James Ludwig: And I think we're most excited that the acquisition by procedure. Meritec puts us in a position to serve 26 00:05:28.470 --> 00:05:48.049 James Ludwig: all customers, whether they are, you know, aligned to one Gpo or aligned to one distributor. We are happy to be able to serve all customers. So with that, said, I'm gonna pass it over or back to Max Ann, who? Who's our Mc. For the day? 27 00:05:51.490 --> 00:05:57.199 James Ludwig: So I think Dan has had is having some issues, some challenges. Maxine. Did he join us. 28 00:05:58.659 --> 00:06:01.219 Maxann_Lockard@premierinc.com: I don't believe so. 29 00:06:01.220 --> 00:06:05.338 James Ludwig: So so Dan was having some challenges joining the 30 00:06:05.860 --> 00:06:22.620 James Ludwig: the webinar. So I'll just sort of run this run through this for us, and hopefully Dan can join in and participate in some of the the question and answer, and I think the big takeaway for prestige. Ameritech, is that they are a Us. Based manufacturer 31 00:06:22.810 --> 00:06:26.870 James Ludwig: who has been at the forefront of domestic manufacturing 32 00:06:27.060 --> 00:06:29.230 James Ludwig: and supply chain resiliency 33 00:06:29.240 --> 00:06:32.399 James Ludwig: in the Us. For a long time 34 00:06:32.700 --> 00:06:40.250 James Ludwig: they make very high quality products in the personal protective space, particularly masks. 35 00:06:40.410 --> 00:06:48.790 James Ludwig: and those masks and products often recede, often exceed the regulatory standards of the governing bodies 36 00:06:49.440 --> 00:06:51.040 James Ludwig: that certify those. 37 00:06:51.110 --> 00:06:58.380 James Ludwig: Dan has always been an innovator. In the last couple of years he has acquired a 38 00:06:58.943 --> 00:07:06.610 James Ludwig: A sterile water company called the Nexa, and more recently, in addition to S. 2 S. Global, he's acquired 39 00:07:06.780 --> 00:07:11.640 James Ludwig: a safety company that focuses on paprs. 40 00:07:11.830 --> 00:07:22.830 James Ludwig: So I think Dan is is still trying to get in here as soon as he does we'll we'll hear from him. But I think we also have a little video to share just about some of the Sus story as we move forward. 41 00:07:30.060 --> 00:07:30.730 James Ludwig: T. 42 00:07:31.800 --> 00:07:52.450 James Ludwig: Hello, everyone. I want to welcome you to this webinar and thank you for taking time to come here about the S. 2 s. Story and where we're going next, I'm Michelle Schwebel. I'm the senior director over product development and sourcing. And I'm here to just briefly touch on our history. My favorite word for S. 2 s. Is that we're an evolution 43 00:07:52.560 --> 00:08:13.599 James Ludwig: starting back in 2011, we were really born out of the need of members where the hospital systems coming to Premier and saying that we needed to source products in a different way. And so we were built off of 4 really core pillars or tenants, and that was driven around being able to provide savings, standardize. 44 00:08:13.600 --> 00:08:25.329 James Ludwig: making sure that the products we brought to the market were clinically effective, and that we could understand the challenges that it took to source a product from overseas and bring it here to America and 45 00:08:25.330 --> 00:08:28.570 James Ludwig: distributed out to those same hospital systems. 46 00:08:29.450 --> 00:08:43.180 James Ludwig: boy, did we learn our lesson, of course, during Covid, where we had unprecedented challenges that really showed or highlighted the gaps in our supply chain, and we said, We never want to have to go through that again. 47 00:08:43.520 --> 00:09:01.950 James Ludwig: So, as we have evolved, we have gotten better at our diversification. We have spread our wings when it comes to domestic production. And again, we're here at the next phase of our evolution that James is going to talk about here more. Next. 48 00:09:02.430 --> 00:09:07.310 James Ludwig: you know, we're really excited to come out of this strategic alternatives process. You know. 49 00:09:07.560 --> 00:09:29.259 James Ludwig: it's been a long process. We are happy to be announcing that we are going to become part of the prestige Ameritech family, you know Dan Reese and the prestige Ameritech companies have been focused on supply chain resiliency for a long time since before the pandemic, their whole mission has been 50 00:09:29.260 --> 00:09:40.880 James Ludwig: made in America. And so, you know, we sort of see ourselves as fitting under that umbrella and giving ourselves an opportunity to be part of that supply chain resiliency story 51 00:09:41.020 --> 00:09:45.649 James Ludwig: for our customers, for their customers and for the healthcare customers at large. 52 00:09:48.280 --> 00:10:16.210 James Ludwig: We're really excited about introducing Sus as a strategic partner. So you know, for many years of our existence we've been known as the Premier pro brand. As we look forward, we think about how we're going to bring our customers closer to the products that they use. Earlier this year we held an exam glove. Innovation forum that was attended by over 15 health systems, had representation by over 15 health systems. 53 00:10:16.560 --> 00:10:21.179 James Ludwig: and we brought together the raw materials manufacturer 54 00:10:21.240 --> 00:10:37.710 James Ludwig: and the manufacturer. Along with these key constituents, these end users and immerse them in a two-day process around designing a new example, we really see that as the future of where Sus can go in terms of this end user led 55 00:10:37.770 --> 00:10:52.500 James Ludwig: sourcing design process and are looking forward to expanding that process to many categories that we think will not only strengthen the resiliency of the healthcare supply chain, but that will 56 00:10:53.060 --> 00:11:03.820 James Ludwig: allow end users to get closer to the supplies that they use and really have the input on the key attributes that they find important in those supplies. 57 00:11:07.160 --> 00:11:17.000 James Ludwig: So talking through the supply chain, really, some of the buzzwords that are out there are really around strategically diversifying your supply chain. But what does that really mean? 58 00:11:17.000 --> 00:11:40.689 James Ludwig: We know that we're getting challenges when it comes to the news. If you've been watching the news lately, you know that tariffs are a concern. We know that we still have impending strikes that are about to happen on the east coast, and all that to say is that the challenges when it comes to supply chain, haven't gone away. The gaps are still there, and that's really what we're working with our hospital systems 59 00:11:40.690 --> 00:12:03.570 James Ludwig: to understand and to be able to address in more dynamic ways by one making sure that we do have a global diversified base. When it comes to all the products that we source 2, that we have domestic options when it comes to, you know, raw materials, and also the manufacturing process itself. And the 3rd way that we're doing it is we're really working with 60 00:12:03.570 --> 00:12:18.560 James Ludwig: users to understand their needs so that we're building products that not only can help drive savings and create standardization, but are designed by the end user themselves, because there's also gaps to address when it comes to the clinical needs. 61 00:12:30.660 --> 00:12:43.859 Maxann_Lockard@premierinc.com: All right, guys. Well, thank you so much for checking out that video hopefully, that was insightful just to learn a little bit more about where S. 2 s. Started, what we've been working on and what we are looking forward to in the future. 62 00:12:44.328 --> 00:12:54.830 Maxann_Lockard@premierinc.com: With that I do want to. Let everyone know that in the past you might have seen some updates that come from s 2 s. Global through premier channels. 63 00:12:54.830 --> 00:13:18.579 Maxann_Lockard@premierinc.com: Now that we are no longer under the premier umbrella. We will be having our own outreach channels through social media. Our email communications on our website and our blog as well as webinars like you're in today. So be sure that when you do see those come through know that that is the news channel that we are trying to get that information out to you. 64 00:13:18.580 --> 00:13:24.549 Maxann_Lockard@premierinc.com: And of course, if you have any questions, or if you want to interact with us on our social media channels. We would love to see you 65 00:13:26.110 --> 00:13:28.470 Maxann_Lockard@premierinc.com: and James. I'll pass this back over to you. 66 00:13:28.720 --> 00:13:45.069 James Ludwig: Yeah, thanks, Maxine. So you know, I think here, we really wanted to share some key team members. That you can reach out to. If you have questions. If you are a supply partner you can reach out to Hannah Hagedorn, who's our director of strategic supplier engagement. 67 00:13:45.280 --> 00:14:00.119 James Ludwig: If you are a customer. You can funnel all of those communications through Tiffany Hughes, who's our area sales director? And if you have just general questions, you see the link there the email address there, just for general questions. 68 00:14:00.190 --> 00:14:05.629 James Ludwig: I think over the last couple of months, you know, we've been pretty visible at 69 00:14:06.035 --> 00:14:22.290 James Ludwig: events such as Idn avap other conferences. And so, you know, chances are that you likely have my email address and or Michelle's. And and if you don't you know, you can always find us on Linkedin or or any of the other social media platforms, but 70 00:14:22.380 --> 00:14:27.019 James Ludwig: did want to make sure that you had these other key individuals who were part of our team. 71 00:14:29.520 --> 00:14:48.059 Maxann_Lockard@premierinc.com: Awesome and just just a reiteration as well. We do have our own twitter, or I guess you should say, X. Nowadays. We do have our own Twitter account and our Linkedin page. So we really encourage you to go follow us and to just stay in the know with our updates in these direct channels. 72 00:14:49.350 --> 00:15:12.800 Maxann_Lockard@premierinc.com: and with that I am going to open it up to questions and comments. You should be able to now access the Q&A section in the Zoom toolbar. If you don't see the Q. And a. I'm looking here, it looks like it might might be hidden under the chat. But if you do want to send any questions over via Chat, I should be able to get those 73 00:15:12.820 --> 00:15:14.999 Maxann_Lockard@premierinc.com: to James and Michelle. 74 00:15:16.950 --> 00:15:25.848 James Ludwig: Yeah, and hey Max and Michelle, while we're waiting, you know, I probably can tee up a question that a lot of folks have, you know, and a lot of lot of 75 00:15:26.560 --> 00:15:34.150 James Ludwig: A lot of time has been spent. A lot of your time Michelle has been spent on, you know this question. So talk to us a little bit just about 76 00:15:34.673 --> 00:15:41.089 James Ludwig: you know, we're being acquired by prestige. Emeritech, which is a diverse organization. 77 00:15:41.170 --> 00:15:45.499 James Ludwig: Talk to us a little bit about, you know the process of qualifying. 78 00:15:46.280 --> 00:15:49.289 James Ludwig: S. 2 s. Spend as diversity spend. 79 00:15:50.140 --> 00:16:14.760 Michelle Schwebel: Yes, so this has been a common question for us ever since. It has been announced, of course, that we were getting acquired by prestige. And really, when it comes to premiere, I don't know about the other Gpos yet, but we're learning there. But when it comes to the Gpo. With Premier. Really, the kind of the path is that it's around that prestige. Ameritech 80 00:16:14.760 --> 00:16:22.499 Michelle Schwebel: is a certified, diverse supplier that he is of the Cherokee nation, so native American. 81 00:16:22.900 --> 00:16:29.610 Michelle Schwebel: and it's really around us updating our name or our legal name. Oh. 82 00:16:29.610 --> 00:16:52.950 Michelle Schwebel: I think we finally have Dan on the call. So I'll just briefly touch on this. But any of the spend that is going to be coming through us. Once we complete the update in the premier systems with all of the contracts that we will be considered a tier one diversity supplier. So any of the spend flowing through S. 2 s. Global. Once we complete this will 83 00:16:52.950 --> 00:17:21.803 Michelle Schwebel: again qualify for that diverse spend. What's really kind of key is just making sure that we get the updates right in the system that all the key data points are linked together so that there's no gaps or kind of hiccups when you go to activate contracts. And that's what we're actively working on with premiere right now. And so we do see a path to getting this completed. At least by the end of the year. So that's something that we're working on. Every day now. 84 00:17:22.119 --> 00:17:24.609 James Ludwig: Yeah, thanks, Michelle. Dan 85 00:17:25.400 --> 00:17:29.070 James Ludwig: have have resolved your your technical difficulties. There. 86 00:17:29.070 --> 00:17:33.510 Dan Reese: I finally had to resort to my iphone. But 87 00:17:34.290 --> 00:17:37.750 Dan Reese: but hey, it's my creative way of finally getting in. So. 88 00:17:37.750 --> 00:17:40.000 James Ludwig: Probably a better camera. You look great. 89 00:17:40.000 --> 00:17:41.050 Dan Reese: No thanks. 90 00:17:41.270 --> 00:17:49.419 James Ludwig: Yeah. So hey, we I I did you, probably not a whole bunch of justice by introducing you and covering your slide. 91 00:17:49.510 --> 00:17:58.729 James Ludwig: But why, don't you? You know I know you've met probably many of the folks that are on the call as participant. But why don't you just give us a little bit of of the story in terms of 92 00:17:58.830 --> 00:18:04.425 James Ludwig: you know what you saw in term in in S. 2 s. And and why you thought it was a good fit 93 00:18:05.120 --> 00:18:06.980 James Ludwig: under the prestige umbrella. 94 00:18:07.490 --> 00:18:08.559 Dan Reese: Be glad to 95 00:18:09.338 --> 00:18:15.590 Dan Reese: prestige. Ameritech. I founded prestige in 2,005, specifically 96 00:18:15.680 --> 00:18:22.560 Dan Reese: to make sure that the healthcare providers in the us were protected in an emergency. 97 00:18:23.090 --> 00:18:46.270 Dan Reese: and we were able to do that with the the pandemic when that finally came. It was, it was a time that none of us want to go back and do again. But we made sure that we took care of all of our customers, and our customers didn't run out of face mask or N 95 spatial protection. Any Ppe. 98 00:18:46.730 --> 00:18:52.929 Dan Reese: Well, the interesting thing about the S. 2 S. Program is 99 00:18:53.080 --> 00:18:56.350 Dan Reese: we're polar opposites, but 100 00:18:56.400 --> 00:19:10.200 Dan Reese: not really. If you look at it initially, you say, wow! It's totally different thing. Prestige. Ameritech manufactures everything in the Us. Exclusively with us raw materials. And our whole program is 101 00:19:10.350 --> 00:19:15.889 Dan Reese: this, ability to provide and to be a very secure supply chain. 102 00:19:16.540 --> 00:19:18.290 Dan Reese: The S. 2 S. 103 00:19:18.680 --> 00:19:24.659 Dan Reese: Company brings us all of the things that we've never had is a company. 104 00:19:24.730 --> 00:19:48.659 Dan Reese: and we bring to them the things that they that they never had as a company, so we can provide to S. 2 s. The security and the stability of a Us. Manufacturing company, and our ability to ramp up in a crisis quickly or short supply chain. It's it's an incredible combination. In my opinion. 105 00:19:48.810 --> 00:20:04.420 Dan Reese: what S. 2 s. Can bring to prestige is the ability to provide the super cost effective products when those products are needed in a situation and the a comparable 106 00:20:04.650 --> 00:20:15.559 Dan Reese: product line. But we have a lot of products that s 2 s. Does not have. And s 2 s has a lot of products that we don't have. So basically, if you're looking for a combination that really 107 00:20:15.960 --> 00:20:43.820 Dan Reese: provides the the end user with all of the things they need to. To be successful, to be protected in this business. This is what we're going to bring today. And and our ability to ramp up internally is, frankly, is pretty impressive. We went from being able to manufacture 80,000 N. 95 S. In January 2020 108 00:20:44.297 --> 00:20:47.689 Dan Reese: by December, and that's about 80,000 per month. 109 00:20:48.180 --> 00:21:00.919 Dan Reese: By December. We're producing over 10 million products a month, because we have the ability internally to design and build our own equipment, etc. So it it's 110 00:21:01.060 --> 00:21:16.990 Dan Reese: it. It's an amazing combination. Okay, I could go on and on and on. But but basically the combined. It's a, it's a powerhouse in the industry. So that that was the the main thing that that I saw in s 2 s. Is. 111 00:21:17.570 --> 00:21:28.390 Dan Reese: collectively, we solve each other's weaknesses, and we create all these synergies that are so good for the for our customers. 112 00:21:29.960 --> 00:21:31.390 James Ludwig: Yeah, thanks, Dan. 113 00:21:33.740 --> 00:21:36.750 James Ludwig: All right, Maxine. Do we any questions here? 114 00:21:37.620 --> 00:21:48.229 Maxann_Lockard@premierinc.com: We do? We have one question that came on in one of them is, will there be a link or tile in pink AI! And what will the name of this company be going forward. 115 00:21:50.580 --> 00:21:52.160 James Ludwig: Sure, so I I don't. 116 00:21:52.920 --> 00:22:00.089 James Ludwig: We don't really have access to pink AI on our side. I'm not. I don't think right. 117 00:22:00.090 --> 00:22:23.100 Michelle Schwebel: I don't believe we will have a pink AI tile that was reserved more for the internal premier community. And kind of those stand ups. But as we have now, gotten our own social media challenge our channels. Also our website. That is something that we can absolutely look to have 118 00:22:23.558 --> 00:22:28.810 Michelle Schwebel: a little bit more robust on our own channels, but as far as Pink AI. No. 119 00:22:29.040 --> 00:22:31.309 Michelle Schwebel: I don't believe so. Yeah. 120 00:22:32.340 --> 00:22:35.513 James Ludwig: and then, as far as our name goes, 121 00:22:36.050 --> 00:22:46.929 James Ludwig: we are now under the prestige umbrella, we are currently, you know, still operating as S. 2 s. Global. 122 00:22:47.140 --> 00:22:50.519 James Ludwig: there may be some changes to 123 00:22:51.051 --> 00:23:11.219 James Ludwig: just some of the some of our branding and things like that. We're just continuing to work through some of those things, now that we're, you know, 15 days post divestiture. And so I think, as some of those plans become solidified, you'll see additional announcements that come out 124 00:23:11.530 --> 00:23:12.610 James Ludwig: over time. 125 00:23:22.410 --> 00:23:33.229 Maxann_Lockard@premierinc.com: I don't have any questions just yet, but if you do have a question, be sure to add that to the chat, we'll make sure we have a couple more minutes here, so you guys can send those over to us. 126 00:23:35.590 --> 00:23:43.818 James Ludwig: I'll I'll tee another one up here just for for Michelle. You know one of the things that 127 00:23:44.950 --> 00:23:48.509 James Ludwig: you know. We got asked a lot of questions about over the last 128 00:23:48.780 --> 00:23:54.299 James Ludwig: 8 or 9 months has been, you know, what are the new products that Sus is gonna bring 129 00:23:54.761 --> 00:24:00.188 James Ludwig: to the market. And you know, I think one of the things that we tried to do over 130 00:24:00.860 --> 00:24:04.640 James Ludwig: the past 8 or 9 months, and since we were going through 131 00:24:05.155 --> 00:24:18.669 James Ludwig: this strategic alternatives process was, we tried to solidify our current product categories and and make sure that there was a seamless transition as we transitioned over to prestige. But 132 00:24:19.140 --> 00:24:20.430 James Ludwig: now that 133 00:24:20.680 --> 00:24:28.309 James Ludwig: we have crossed over and and we are out of this strategic alternatives, review 134 00:24:28.850 --> 00:24:47.759 James Ludwig: what do you think the outlook is for new product categories? And I and I know I asked this because I know you've got a big trip coming up, and I know you're eager. You and Team, we're bringing the largest team that we've ever brought to to Medica. I know. The team is really excited about getting out and 135 00:24:48.280 --> 00:24:51.000 James Ludwig: and looking at a lot of new product categories. 136 00:24:51.000 --> 00:24:51.435 Michelle Schwebel: Hmm. 137 00:24:52.160 --> 00:24:58.359 Michelle Schwebel: so yes, when it comes to new product categories, we're always still looking around. 138 00:24:58.400 --> 00:25:27.140 Michelle Schwebel: you know, when it comes to unhealthy markets. I think that's 1 of the big tenets when it comes to. Of course, what prestige is or prestige Ameritech is all about right. So, looking at really, where are there gaps in the market? And how do we address that? So just to take the example of where prestige, where, Dan, you saw a gap in the market when it came to surgical and isolation masks. And you said, Hey, this is going to be an issue if there's ever a pandemic. 139 00:25:27.140 --> 00:25:50.559 Michelle Schwebel: and you know, lo and behold that all came true. Unfortunately there was a pandemic, and it highlighted many of the gaps in the supply chain, and that's also been a premier narrative as well. And then, just in general, a narrative is that we only have a few players in certain spaces when these are kind of critical supplies, and as we have experienced disruption 140 00:25:50.720 --> 00:26:17.739 Michelle Schwebel: over you know, kind of the time period, I mean right now, everybody's going through it when it comes to Baxter, right? So one critical supplier going down and everybody is struggling to find, you know. You know, backup suppliers. So that's really gonna kind of be our focus when we're looking at new product categories is again, where can we come in? Where can we address the market when it comes to those unhealthy markets. 141 00:26:17.740 --> 00:26:34.970 Michelle Schwebel: and really, when it comes to quality as well, I see that here in the chat and so you know, really, you know, quality is one of the top things that we focus on throughout our process, and 142 00:26:35.230 --> 00:26:57.239 Michelle Schwebel: we understand that everything that we bring to the market has to meet the clinical quality that is demanded by every end user that has our product. So you know, really, everything that we bring to market again is going to have that quality lens on it. And as we kind of merge into prestige, Ameritech is even building out further quality systems that we have. 143 00:26:57.790 --> 00:27:07.099 Dan Reese: You know, if if I could make a comment, the one of the things you said, I think is very important. The prestige. Ameritech moves into 144 00:27:07.340 --> 00:27:10.400 Dan Reese: other areas as we see 145 00:27:11.075 --> 00:27:20.419 Dan Reese: that are needed. For example, we now speaking of the Baxter group, but we now manufacture sterile water, sterile saline solution. 146 00:27:20.660 --> 00:27:28.830 Dan Reese: And we're not afraid to make investments and move into other areas. You know, we're we're not adverse to that at all. 147 00:27:28.920 --> 00:27:38.350 Dan Reese: And in these areas. The speaking of quality, it absolutely 100 has to be the best quality. 148 00:27:38.500 --> 00:27:43.290 Dan Reese: And we've built our company on this tenant. I mean, this is what 149 00:27:43.400 --> 00:27:46.453 Dan Reese: what we do and why we do 150 00:27:47.532 --> 00:27:55.580 Dan Reese: or while we manufacture here, and why we control our suppliers in terms of their quality and output. 151 00:27:55.620 --> 00:28:02.669 Dan Reese: So we're we're going to bring some unique things to the end users into the customers. And the 152 00:28:03.068 --> 00:28:23.119 Dan Reese: the good news there is is, we see things, or as things are brought to S. 2 s. And said, You know, here's an area in the marketplace that I'm not satisfied the quality. I'm not satisfied with the service. You have pricing issues, etc. Then we're gonna look at those very seriously. You know, we do have the capability to 153 00:28:23.120 --> 00:28:37.280 Dan Reese: to enter other areas. We're not afraid to do that. We're not afraid to make the investment. And even in these areas that are basically specialty areas that are difficult, like sterile saline, sterile water. 154 00:28:37.781 --> 00:28:43.950 Dan Reese: This is is okay. So we're it's part of the additional power that we have 155 00:28:44.500 --> 00:28:51.230 Dan Reese: with S. 2 s. Now, we can provide a lot of things. And and we want to. You know these, we want to be 156 00:28:51.300 --> 00:28:56.199 Dan Reese: what you need out. There is a is a customer, so yeah, quality, super important. 157 00:28:57.640 --> 00:28:59.220 James Ludwig: Thanks. Sam. Thanks. Michelle. 158 00:29:01.300 --> 00:29:13.230 Maxann_Lockard@premierinc.com: I got another question here. So this question is as a result of the divestment? What should we expect as far as changes as S, 2 S. Global customers. 159 00:29:17.570 --> 00:29:25.880 James Ludwig: First.st I I think you shouldn't really expect any changes at at the outset. Right? You know we are. We maintain a number of 160 00:29:26.678 --> 00:29:37.649 James Ludwig: contract positions. You know, if you're a premier customer, we we maintain all of those contract positions, all of those positions have transferred over 161 00:29:38.870 --> 00:29:44.039 James Ludwig: to our new organization, or or transferred over with S. 2 Si should say 162 00:29:44.391 --> 00:29:49.178 James Ludwig: and so at the outset. I you know I don't expect that you should 163 00:29:49.800 --> 00:29:52.749 James Ludwig: expect to see many changes. 164 00:29:53.830 --> 00:29:58.150 James Ludwig: at least not many, many changes that I think will affect the the customer 165 00:29:58.210 --> 00:30:00.970 James Ludwig: we are looking at, you know. 166 00:30:01.398 --> 00:30:21.829 James Ludwig: A number of new categories, product categories to enter into, and we are going to look to be aggressive as we bid on new categories. And as we bid on existing categories. You know. So that's that's some of the things that you know. I think you should continue to look for from us. 167 00:30:22.506 --> 00:30:23.460 James Ludwig: And then. 168 00:30:23.710 --> 00:30:46.120 James Ludwig: you know, we are going to be aggressive about those, you know, in those unhealthy supply markets that are dominated by the big conglomerates today. We we are going to look to take market share from those organizations. And do right by our customers. So you know, that's something that you should be looking for. In the future. 169 00:30:46.693 --> 00:31:01.169 James Ludwig: I think another thing is, you know, we we certainly look at at distribution as an opportunity. And we look at that as an opportunity to bring products directly from our our 170 00:31:01.250 --> 00:31:06.049 James Ludwig: oems and supply partners to customers versus going through 171 00:31:06.120 --> 00:31:15.670 James Ludwig: distribution channels. But you know, today we'll we'll still maintain those distribution channels. As as we do as we have been in the past. 172 00:31:15.760 --> 00:31:19.330 James Ludwig: Dan or Michelle. I don't know if you have anything to to add. There. 173 00:31:19.790 --> 00:31:25.839 Dan Reese: Well, I just say I totally agree with that, you know. Step one for us is to to stabilize. 174 00:31:25.880 --> 00:31:49.380 Dan Reese: You know, we wanna make sure that we continue to service our customers as we have, and our objective is to take that and add to it, improve it. And so we're there's no radical changes that that I'm thinking about right now, for sure, you know, it's learning this business collectively. And 175 00:31:49.832 --> 00:31:54.160 Dan Reese: you know, doing the things that we think will really 176 00:31:54.240 --> 00:31:58.860 Dan Reese: enhance our customer experience. You know it. This is all about 177 00:31:58.920 --> 00:32:26.870 Dan Reese: providing for the customer, which is one of the things that was a great union with the prestige. And S. 2 s. You know, when I founded prestige it was for the the end user, and that is all that we have ever done and built. And now, joining with S. 2 S is their mindset as well. So yeah, the I think it's gonna be a very positive thing for for our customers, and that's certainly our intent. 178 00:32:28.180 --> 00:32:57.410 Michelle Schwebel: Yeah. And just to to close that point out is that there there are no changes when it comes to the products. Only enhancements that we're looking at and portfolio ads to our current mix that we have today, and really again, leveraging where we can come in and disrupt markets that do need disrupting. Our core tenants haven't gone away. That was always key 179 00:32:57.410 --> 00:33:20.849 Michelle Schwebel: factors to our success and the categories that we entered in, and it was really around again, savings assurance of supply, being able to help standardize because there's always changes when it comes to the clinical needs even on commodity items, and being very transparent about what's going on in the supply chain, because 180 00:33:20.850 --> 00:33:38.530 Michelle Schwebel: every product is going to have its challenges on how you get it from design it, bring it over, get it out to you all the end customers. And really being transparent about what's occurring as we go through that process. 181 00:33:45.297 --> 00:33:55.309 Maxann_Lockard@premierinc.com: Another question here. It's might have already been addressed. Previously, but maybe we can just clarify will this impact the current and newly awarded premier contracts. 182 00:33:55.570 --> 00:34:14.977 Michelle Schwebel: It will not. So we hold all of our current and newly awarded Premier contracts, and we are actively in the sourcing process on several premier contracts categories as well. So no, there is no disruption to those current contracts. 183 00:34:15.389 --> 00:34:27.099 Michelle Schwebel: just for awareness. Even though we were we used to be fully owned by Premier. We still had to go through the entire sourcing process. There was not. 184 00:34:27.100 --> 00:34:45.870 Michelle Schwebel: you know, any special circumstances that were really extended when it came to going through the sourcing process. So just like all other suppliers, that's how we were treated. We used the premier systems called passport. We submitted our bids in the same way that all other suppliers 185 00:34:45.870 --> 00:35:02.620 Michelle Schwebel: submitted their bids, and and had to win that contract award based on the value that we could bring for that particular category. And we can. And we are planning and still continuing to do that for each and every category we're in, and the ones we're bidding on. 186 00:35:07.160 --> 00:35:19.690 Maxann_Lockard@premierinc.com: Awesome. Well, I don't see any more questions in the chat just yet, so we'll hold off another minute or 2. So if you want to fit any last minute questions in that chat? Please put them in there, so we can make sure we answer those for you. 187 00:35:21.230 --> 00:35:24.569 James Ludwig: Santa. See a couple of them here in the 188 00:35:24.610 --> 00:35:26.790 James Ludwig: I guess the Q&A function 189 00:35:27.447 --> 00:35:31.720 James Ludwig: and and I can answer some of these really quickly. 190 00:35:32.413 --> 00:35:38.416 James Ludwig: You know, the 1st one is just around the distributors. You know. Will this affect? 191 00:35:38.800 --> 00:35:49.569 James Ludwig: established distributors? Use now for the s, 2 s. Global premiere pro brand. The answer to that is, no. You know no effect on the distribution partner relationships. 192 00:35:50.255 --> 00:35:57.290 James Ludwig: The second one here is just around, you know. Where will items be manufactured. Now that you, under a new umbrella? 193 00:35:57.816 --> 00:36:12.720 James Ludwig: Again, I think this goes to you know the resiliency story. I can see some products being manufactured in in the Us. Or Nearshore, but a majority of our 194 00:36:12.770 --> 00:36:21.480 James Ludwig: products are manufactured today in Asia and other countries, and and I don't see that 195 00:36:22.430 --> 00:36:23.270 James Ludwig: changing. 196 00:36:23.743 --> 00:36:31.399 James Ludwig: I think many of you know, or or may know, that. You know we have made investments in manufacturing 197 00:36:31.440 --> 00:36:45.399 James Ludwig: ourselves as S. 2 s. Global in Virginia, with the the Princo incontinence pad joint venture that we did. We are. 198 00:36:45.460 --> 00:36:47.340 James Ludwig: We are 199 00:36:48.058 --> 00:36:52.000 James Ludwig: distributors for the Dupree gown that's made in Powell. 200 00:36:52.120 --> 00:37:03.289 James Ludwig: Tennessee, and we will bring on our own glove, manufacturing in 2025 201 00:37:03.810 --> 00:37:07.200 James Ludwig: in Sarawak, which is a province of 202 00:37:07.280 --> 00:37:20.220 James Ludwig: southeast Malaysia. So you know, we will continue to have the right mix of manufacturing locations that put our customers in the best position to get supplies when they need them 203 00:37:20.450 --> 00:37:24.730 James Ludwig: and to protect them against shortages in the future. 204 00:37:25.550 --> 00:37:37.443 James Ludwig: And then dan's, all of Dan's products. Prestigious products today are manufactured in in Texas. So so, you know, like I said, we, we will have a 205 00:37:37.870 --> 00:37:43.679 James Ludwig: a nice rounded portfolio of manufacturing locations 206 00:37:44.282 --> 00:38:06.750 James Ludwig: and then we just got a question here around the S. 2 s. Name we. We have been merged into prestige, Ameritech, I think. And, and, Dan, you correct me if I'm wrong here, but I think we think the S. 2 S. Brand, the S. 2 s. Name will stick around, because that's who we're known as in the market. 207 00:38:07.505 --> 00:38:08.695 James Ludwig: We may 208 00:38:09.310 --> 00:38:11.799 James Ludwig: We may choose to 209 00:38:11.980 --> 00:38:16.000 James Ludwig: move away from the Premier pro 210 00:38:16.510 --> 00:38:18.310 James Ludwig: brand at some point in time. 211 00:38:18.672 --> 00:38:24.840 James Ludwig: But for now you know, we are still S, 2 s. Global, and our products are still 212 00:38:26.210 --> 00:38:28.929 James Ludwig: branded as premiere pro. 213 00:38:29.700 --> 00:38:31.791 Dan Reese: Yeah, James, that is correct. The 214 00:38:32.300 --> 00:38:56.750 Dan Reese: we feel like the S. 2 s. Brand and and name is very important and very well known as has a great reputation, and I don't honestly see us walking away or drifting away from the S. 2 s. Name at any time in the near future, if ever so. I think that's S. 2 s. Is a very solid company. A great company 215 00:38:56.770 --> 00:39:05.220 Dan Reese: got a lot of loyal customers out there, and so I I think, as you say, that that should continue. 216 00:39:05.520 --> 00:39:06.200 Dan Reese: Yeah. 217 00:39:07.800 --> 00:39:10.170 James Ludwig: And I think that's I think I covered all of them. 218 00:39:11.630 --> 00:39:12.090 Maxann_Lockard@premierinc.com: I will. 219 00:39:13.150 --> 00:39:25.069 Maxann_Lockard@premierinc.com: I did get one more in the chat. So just talking about some some product categories. That were previously on contract. Will these be categories that we will revisit again under prestige. 220 00:39:27.167 --> 00:39:32.092 James Ludwig: I'll take this, and I'll I'll pass it over to you in a in a second. 221 00:39:32.670 --> 00:39:36.530 James Ludwig: Michelle, you know some of those product categories that 222 00:39:37.435 --> 00:39:38.270 James Ludwig: we 223 00:39:38.570 --> 00:39:43.610 James Ludwig: chose to leave were, you know, pure business decisions in in terms of just 224 00:39:43.620 --> 00:39:46.900 James Ludwig: where we felt like that product category 225 00:39:47.501 --> 00:39:53.040 James Ludwig: was going from a growth trajectory and some of them were 226 00:39:53.460 --> 00:40:02.479 James Ludwig: you know, by choice of the manufacturing partner who, you know, at least in one instance, wanted to to go it 227 00:40:02.590 --> 00:40:16.636 James Ludwig: alone outside of S. 2 s. So you know, I I think, as we said earlier, we'll be aggressive in in terms of, you know, growing our product portfolio, we may look at 228 00:40:17.160 --> 00:40:26.330 James Ludwig: some of you know, entering back into some of those categories that we exited to the extent that it makes sense for both us 229 00:40:26.440 --> 00:40:28.770 James Ludwig: and you our customers. 230 00:40:29.203 --> 00:40:33.319 James Ludwig: And so that's you know. Certainly all on the table at at this point. 231 00:40:36.250 --> 00:40:56.999 Michelle Schwebel: Yeah. Just to to further add to that, there was, you know, anytime we exit a category. There's a host of factors that weigh into the decision. It's not one that is made lightly. Because we understand. You know, we went into it with kind of again, our our 4 or 5 tenants. 232 00:40:57.380 --> 00:41:14.899 Michelle Schwebel: And really, you know, sometimes factors come up that we're just not able to continue some of the the supply in that particular category where it makes sense to continuing, offering it with that said, it doesn't mean that we can't go back and revisit. But 233 00:41:14.920 --> 00:41:30.439 Michelle Schwebel: at this point. You know. Really, with our current portfolio, we're not planning on making any further changes to our current portfolio. If the other side of that is, are you planning to leave any categories? And that answer is no. 234 00:41:33.600 --> 00:41:41.234 James Ludwig: Yeah, I think we feel really good about our current portfolio products. And you know, like, like we've continued to to say throughout 235 00:41:41.580 --> 00:42:03.490 James Ludwig: the webinar we're we're looking to expand more so than we're looking to contract. And so I, Dan, is certainly on board with that mission. I know he's looking forward to reviewing the portfolio and understanding, you know. Hey, what are there? You know? What could we potentially even make you know, and manufacture ourselves. But 236 00:42:04.050 --> 00:42:08.900 James Ludwig: you know, like, I said, it's more about expansion than contraction for sure. 237 00:42:14.780 --> 00:42:17.699 James Ludwig: Okay, I think we're probably nearing time. Actually. 238 00:42:18.010 --> 00:42:42.709 Maxann_Lockard@premierinc.com: Yep, we are, and it looks like we did finish up the questions that have come through the chat and the Q. And a. So we will go ahead and close up for today for the webinar. Thank you guys so much again for taking the time out of your day to come and just learn a little bit more about what S. 2 s. Is looking forward to. As mentioned before, we will have this recording on our website. So if you do wish to see it at a later date, it will be available then. 239 00:42:42.850 --> 00:42:55.110 Maxann_Lockard@premierinc.com: and we will provide these Faqs as a part of the supplemental resources for today. So with that, I will let you guys get back into your day and we appreciate your time and have a wonderful afternoon. 240 00:42:55.110 --> 00:42:55.680 Dan Reese: Thank you. 241 00:42:55.680 --> 00:42:56.560 James Ludwig: Everyone. 242 00:42:56.560 --> 00:42:57.210 Dan Reese: Buh-bye. 243 00:42:57.460 --> 00:42:58.030 James Ludwig: Bye-bye.
Who is S2S Global?
View Our Product Portfolio
S2S Global, Premier’s direct sourcing company, offers PremierPro™
branded products, driving meaningful cost savings and improving
supply chain efficiencies and transparency.