Last updated on September 8th, 2015 at 08:56 am
Herlitz Inventory Management (IM) of Cambridge, Massachusetts, a company focusing on scientific demand forecasting, will partner with Horizon Beverage Co. of Norton, Massachusetts, to optimize service and profitability. Horizon Beverage is a distributor of wine, spirits and beer in Massachusetts, Rhode Island, New Hampshire, Maine and Vermont.
Horizon Beverage has been successfully using an older Herlitz design for the last two decades.
Michael Epstein, EVP and COO at Horizon Beverage, said, “Our current system was a great workhorse, but we need better tools to compete in today’s marketplace. Our strategic goal is to be the absolute leader in customer service for the beverage segment. HIMPACT and its new technology are a logical next step. Herlitz IM understands our challenges. Their new solution, HIMPACT, gives us the tools to meet or exceed our customer expectations.”
Wine, spirits and beer wholesalers have seen an expansion in suppliers and product lines in the last decade.
“Consumers are demanding more choices and better service,” said Carl Herlitz, CEO of Herlitz IM.
He adds that Horizon and other distributors with growing product assortments can greatly benefit from a new tightly-integrated approach. HIMPACT’s daily demand forecasting and analytics deliver a 49 percent reduction in safety stock compared to an earlier 1991 design.
