Pentel Implements Vendor Managed Inventory Solution

Pentel of America, a manufacturer of writing instruments and art materials, implements Prescient's vendor managed inventory (VMI) solution to gain greater visibility into inventory movement; compare forecasts from multiple sources; generate more accurate orders; ship product more efficiently; and reduce returns. "Because we have so much more visibility into overstocks, we ended this year's back to school season with half the returns," says Steve Koch, supply chain manager for Pentel. "Prescient also allows us to compare our forecasts to current inventory levels, while giving us the ability to view, plan for, and fulfill future orders."