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

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

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

Fishbowl Inventory

Technology Category	Functional Applications - Inventory Management Systems
Applicable Industries	Pharmaceuticals
Applicable Functions	Warehouse & Inventory Management
Use Cases	Inventory Management
Services	System Integration
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. Read More
About 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. Read More
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. Read More Log in to view content
Contents

Technology Category

Functional Applications - Inventory Management Systems

Applicable Industries

Pharmaceuticals

Applicable Functions

Warehouse & Inventory Management

Use Cases

Inventory Management

Services

System Integration

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.

About 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.

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.

Impact #1	Streamlined daily processes into one effective system
Impact #2	Reduced the need for additional employees as Fishbowl filled those roles
Impact #3	Allowed employees to focus on other aspects of the company

Impact #1

Streamlined daily processes into one effective system

Impact #2

Reduced the need for additional employees as Fishbowl filled those roles

Impact #3

Allowed employees to focus on other aspects of the company

Benefit #1	Saved approximately $60,000 in the first year
Benefit #2	Saved hundreds of man-hours in the first year

Benefit #1

Saved approximately $60,000 in the first year

Benefit #2

Saved hundreds of man-hours in the first year

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Overview

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

Operational Impact

Quantitative Benefit