With expertise in finance and strategic consulting, Gary D. Herwitz serves as the managing partner of CoMetrics Partners, LLC, a New York-based firm that he founded in 2005. Gary Herwitz and his associates help middle-market companies maximize profitability and streamline business processes.
One of CoMetrics’ most recent case studies highlights the company’s work with a manufacturer of commercial products for the restaurant, retail, and hospitality industries. Due to an unsuccessful acquisition, the manufacturing company had experienced losses for three consecutive years. The poor financial results prompted its lender to withdraw its facility. The company’s financial performance were also in part a result of obsolete processes in supply chain management. After analyzing the situation, CoMetrics helped the client redesign its supply chain processes, leading to approximately $250,000 in annual savings. CoMetrics also worked with the company’s owners and managers to develop an improved operating structure. CoMetrics then helped the Company secure a new asset based lending facility.