Fishbowl Inventory > Case Studies > Red-X Medical Saved $60,000 and Hundreds of Man-Hours in Their First Year of Using Fishbowl’s Inventory Control Features

Red-X Medical Saved $60,000 and Hundreds of Man-Hours in Their First Year of Using Fishbowl’s Inventory Control Features

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Company Size
11-200
Region
  • America
Country
  • United States
Product
  • Fishbowl Warehouse
Tech Stack
  • QuickBooks Integration
  • Software Development Kit (SDK)
Implementation Scale
  • Enterprise-wide Deployment
Impact Metrics
  • Cost Savings
  • Productivity Improvements
Technology Category
  • Functional Applications - Inventory Management Systems
Applicable Industries
  • Pharmaceuticals
Applicable Functions
  • Warehouse & Inventory Management
Use Cases
  • Inventory Management
Services
  • System Integration
About The Customer
Red-X Medical, Inc., based in Miami, Florida, is a rapidly growing distributor in the Pharmaceutical industry. The company joined Fishbowl’s customer base in January of 2005. Red-X was in need of a reliable inventory software system that could streamline their day-to-day processes and provide real-time inventory data. The company was also looking for a system that could track lot numbers to comply with industry standards and allow for third-party integration to comply with Pedigree laws.
The Challenge
Red-X Medical, a rapidly expanding pharmaceutical distributor, was in need of an inventory software that could integrate with QuickBooks and streamline their day-to-day processes. It was crucial for the software to track lot numbers to comply with industry standards. The company also required a system where sales representatives could view real-time inventory and accomplish all daily tasks in one place. Furthermore, Red-X was looking for a software that allowed third-party integration to comply with Pedigree laws and input necessary pedigree documentation for each product.
The Solution
Fishbowl Warehouse was implemented as the inventory software solution for Red-X. The software allowed Red-X to track parts by lot numbers and add expiration date tracking. Sales representatives could now view real-time inventory, sell products they have on hand, and inform customers about product availability. Fishbowl also allowed for third-party integration, enabling Red-X to comply with Pedigree laws and input necessary pedigree documentation for each product. The software provided a complete inventory system that Red-X could rely on for their daily operations.
Operational Impact
  • Streamlined daily processes into one effective system
  • Reduced the need for additional employees as Fishbowl filled those roles
  • Allowed employees to focus on other aspects of the company
Quantitative Benefit
  • Saved approximately $60,000 in the first year
  • Saved hundreds of man-hours in the first year

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