Vizient, Inc. announced an agreement with Thailand-based Sri Trang Gloves for chemo-rated nitrile exam gloves as part of the Vizient Novaplus Enhanced Supply program. Sri Trang is one of the world’s leading glove manufacturers and the agreement will bring additional supply assurance for this essential component of personal protective equipment required to safely deliver patient care.
Under the Novaplus Enhanced Supply program, suppliers are required to maintain certain levels of onshore inventory to mitigate supply disruptions and demand surges. The program also increases production transparency and greater demand predictability to drive production and supply resiliency.
As part of the agreement with Sri Trang, Vizient members will be able to commit to a monthly purchasing volume for nitrile gloves at any level and then have a matching 90-day, onshore supply maintained by Sri Trang specifically for that provider organization.
Currently, Sri Trang has 10 glove manufacturing facilities on 3 campuses in Thailand which produce 35 billion disposable glove pieces annually with exports to 160+ countries globally. Sri Trang recently announced their intent to establish production in the U.S. The proposed 100-plus acre campus will serve as a North American hub for Sri Trang comprising a nitrile glove manufacturing facility, distribution center and warehouse and administrative complex.
Potential U.S. production is estimated to reach 2.5 billion nitrile gloves annually after the first full year of production. The facility will support existing operations in Tampa, Florida, at Sri Trang USA, Inc., and augment their east coast distribution centers.