Case Study: Extract Production saves $11M in inventory costs with Fishbowl Inventory

How Extract Production is saving $11M in Inventory Costs with Fishbowl

Extract Production, an oil and gas services company based in Houston, Texas, was facing the challenge of balancing inventory, cash flow, and on-time deliveries amid rapid growth, volatile commodity prices, and supply chain risk. To keep operations reliable and efficient, the company turned to Fishbowl Inventory and its Fishbowl AI Insights add-on, along with Fishbowl Advanced and QuickBooks.

Fishbowl Inventory implemented AI-driven forecasting, smart order management, delivery insights, and quick custom reporting to help Extract Production make faster, better inventory decisions. The results included a 10% improvement in on-time delivery, a 75% reduction in manual tasks, 22% fewer stockouts, and $11M saved in inventory costs through better visibility and reduced excess inventory.

Extract Production

Steve Carpenter

Supply Chain Director