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ProSource Presents Vendor Of The Year Awards, State Of The Industry At Spring Meeting

Latest initiatives for the buying group also discussed

ProSource revealed the winners of the 2021 Vendor of the Year Awards at the annual Spring Meeting in San Antonio, held on May 18, 2022. The event also featured a rundown of the initiatives the group has undertaken, as well as an examination of the challenges and possibilities that are available to members.

ProSource presented the annual Vendor of the Year Awards at the 2022 Spring Meeting held in San Antonio.

2021 Vendor of the Year Awards

ProSource members were asked to vote using the following criteria for selecting the Vendors of the Year:

  • The vendor that, through engagement with the group, has helped their class of trade more than others in the category.
  • The vendor that has shown a continued commitment to developing products for their class of trade.
  • The vendor that has allocated the proper resources to ProSource members and can be exemplified as a company that is responsive and easy to do business with.
  • The vendor that has had the most positive financial effect on members’ performance in the category.

The 2021 Vendor of the Year honorees are:

  • Televisions/Displays – Samsung
  • Home Theater Solutions – JVC
  • Audio: Electronics – AudioControl
  • Audio: Speakers – Origin Acoustics
  • Audio: Headphones – Focal
  • Audio: Wireless Audio – Bluesound
  • CI Technology/Infrastructure – Control4
  • CI: Audio – Coastal Source
  • Lighting/Shades – DMF Lighting
  • Vendor of the Year – Sony
  • Support Vendor of the Year – ProSource University

“On behalf of our entire team at Sony, we are proud and honored to receive the 2021 ProSource Vendor of the Year award,” remarked Jeff Goldstein, head of sales, custom installation channel at Sony Electronics. “It is a great feeling to once again be recognized by ProSource for our strong partnership and mutual commitment to success.”

“It is always a pleasure to celebrate our Vendor of the Year honorees,” said Dave Workman, CEO of ProSource. “We appreciate their commitment to developing products and providing considerable resources that impact our members’ positive financial performance in every category.”

“Our vendor partnerships are at the core of our mission to deliver value to the ProSource membership,” commented Jim Pearse, president of ProSource. “We value the relationship between ProSource and all of our vendor partners. It means a great deal to the organization’s success for our members to have access to the best-of-the-best products across the board.”

State of the Industry

In the State of the Industry address, Workman went through the key initiatives that ProSource is working on, including ProSource University, ProSource Lighting Technology Certification, and ProSource Academy. Newer initiatives announced included ProSource Human Resources and the HR playbook.

As far as challenges and possibilities are concerned, Workman offered the following:

  • Supply chain challenges will improve but not enough to return to normal.
  • Growth rates will slow, especially for our retail dealers.
  • Demand appears to be holding up for now, but we expect this to soften.
  • Use this time to improve your business and grow your position in your marketplace.

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See also: ProSource Announces PRO And Power Level 2021 Members Of The Year