The Asset & Inventory Coordinator plays a vital role in collaborating with the Local Operations Support team to enhance inventory optimization, visibility, and utilization. This position involves monitoring performance metrics, communicating results, and driving improvements based on data analysis. The coordinator works closely with operations teams on monthly and quarterly inventory transactions, ensuring all assets are accurately maintained and recorded within company systems.
Key Responsibilities:
- Adhere strictly to safety procedures and policies outlined by the safety management system. Actively participate in safety initiatives, report hazards, and promote a positive safety culture throughout the organization.
- Demonstrate a comprehensive understanding of the company’s Inventory Control Policy and ERP systems, including configuring warehouses, managing storage locations, and effectively utilizing relevant system modules.
- Conduct inventory counts, reclassifications, and field build processes with accuracy, ensuring compliance with company policies and procedures.
- Monitor critical inventory levels and coordinate with product lines to maintain optimal stock that supports operational requirements.
- Implement organizational principles focused on cleanliness, safety, and security within warehouse operations to ensure efficient workflows and secure asset storage.
- Manage product line-specific projects and support job planning by identifying gaps, substitutions, and redeployment opportunities.
- Drive timely redeployment orders and perform KPI analysis to identify issues and implement corrective actions.
- Ensure timely and accurate inventory reclassifications and review third-party rentals to reposition company assets, minimizing recurrence.
- Review work progress reports exceeding six months to maintain asset accountability.
Asset Management:
- Oversee the acquisition, utilization, maintenance, and disposal of downhole tool assets.
- Conduct regular audits to verify assets remain in good working condition.
- Coordinate with multiple departments to track and manage asset movements efficiently.
- Utilize asset tracking systems to maintain accurate records and documentation.
Inventory Management:
- Manage the inventory control process for tools and related equipment, monitoring stock levels and anticipating demand.
- Apply inventory optimization techniques to reduce stockouts and excess inventory.
- Conduct weekly cycle counts and regular audits to maintain inventory accuracy and reconcile discrepancies.
Documentation and Reporting:
- Maintain detailed records of assets and inventory, including purchase information, maintenance history, and disposal documentation.
- Generate reports on asset utilization, inventory levels, and financial performance.
- Analyze data to identify trends, improvement areas, and cost-saving opportunities.
- Provide regular updates and strategic recommendations to management regarding asset and inventory management.
Required Qualifications:
- Bachelor’s degree in Business, Supply Chain, or a related field, or equivalent experience.
- Minimum of 5 years’ experience in inventory and asset management within the oilfield services industry.
- Strong knowledge of ERP systems such as JD Edwards, SAP, or Oracle.
- Advanced proficiency in Microsoft Excel and Word.
- Exceptional attention to detail with strong analytical, organizational, and troubleshooting skills.
- Excellent communication and teamwork abilities, with proficiency in English.
- Proven ability to perform effectively under pressure and a willingness to learn and challenge existing processes.
Preferred Qualifications and Benefits:
- Supply Chain certification is considered an advantage.
This role requires a proactive individual capable of managing complex inventory and asset systems while fostering collaboration across departments to support operational excellence.