Herman Pro AV Taps Absolute Value for Inventory Optimization

Herman Pro AV is a provider of professional audiovisual (AV) products, procurement services, and labor resources to systems integrators in the commercial AV and broadcast industries. The company is based in Miramar, FL with distribution centers in Atlanta, GA; Edison, NJ; and Sparks, NV.

As a result of Herman’s innovative programs for their integrators, the company has doubled its growth over the past few years. As the business grew, it became apparent that their internal inventory management processes also needed to grow due to a number of factors:

• Their forecasts were too static 
• They didn’t have the right information to scale their inventory to meet the growing demand
• Service levels were not where they needed to be 
• Key data for vendor minimum discounts and consignment inventory were a challenge to find and manage in their current system 

SOLUTION
Realizing they needed to expand their inventory management capabilities, Herman decided to implement Absolute Value’s Demand Planning system. Demand Planning’s ability to update forecasts dynamically, provide comprehensive inventory visibility, and maximize transfers to reduce operating costs and save on vendor minimums, made it an attractive option. The system’s ability to do collaborative forecasts and run on any ERP system fit Herman's needs.

RESULTS
According to Herman Co-CEO David Wolf, “We used to load all our sales data onto an Excel spreadsheet every month and spend two to three days reviewing the projected forecast and making adjustments. Then we’d load all the data back up into the ERP system. Now Demand Planning does everything for us. We spend just an hour or two a month checking to see whether the system is flagging any exceptions.”

BENEFITS

• Tremendous time savings 
• Greater inventory visibility/scalability 
• Collaborating with customers and vendors 
• Streamlining consignment inventory 
• Resource reallocation 
• Productivity improvements 

“The Demand Planning software offers deep functionality and is very versatile. Equally impressive is the team behind it. The service, support, degree of responsiveness, and genuine interest the Absolute Value team has taken in our company has been outstanding.” – David Wolf, Co-CEO
To learn more, visit the Absolute Value News Room.

For the 2020 Distribution and Manufacturing Software Guide:

http://www.software4distributors.com/downloads/2020_Distribution_Manufacturing_Software_Guide_Interactive.pdf?utm_source=DownloadElectronic&utm_medium=Blog&utm_campaign=2020Guide

Visit our website to learn more about the Brown Smith Wallace Advisory Services at http://www.software4distributors.com and to use our Vertical Markets Matrix, visit http://www.software4distributors.com/compare/default.aspx.

Also, read our 2019 Mid-Year Supplements at http://www.software4distributors.com/downloads/2019_Mid_Year_Supplement_Blog.pdf?utm_source=DownloadPDF&utm_medium=Blog&utm_campaign=2019Supp.

Developed through a partnership with Industrial Supply, Contractor Supply Magazine and Brown Smith Wallace Advisory Services, these 12 page Supplement Guides provide valuable, independently researched information. Each Guide details software company information, identifies vertical markets, highlights functions and technology features, new developments to the software package, shows graphs of the user range, basic entry price point, sales channel (how and where the software is sold), along with company contact information. The Supplement Guides provide everything you need to know when beginning your software selection and evaluation process.

Follow Us on Twitter