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 to manage monthly and quarterly inventory transactions, ensuring 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 comprehensive knowledge of Weatherford’s Inventory Control Policy and ERP systems, including configuring warehouses, managing storage locations, and utilizing relevant modules effectively.
- Conduct precise inventory counts, reclassifications, and field build processes, ensuring compliance with company policies and maintaining data accuracy.
- Monitor critical inventory levels, coordinate with product lines, and maintain optimal stock to support operational requirements.
- Implement organizational principles in warehouse operations, focusing on cleanliness, safety, security, and efficient workflow to safeguard company assets.
- Manage product line-specific projects and support job planning by identifying gaps, substitutions, and redeployment opportunities.
- Drive timely redeployment orders and analyze key performance indicators (KPIs) to recommend corrective actions.
- Ensure timely and accurate inventory reclassification and review third-party rentals to reposition company assets, minimizing recurring issues.
- Conduct reviews of Work in Progress Reports (WPR) exceeding six months to maintain inventory integrity.
Asset Management:
- Oversee acquisition, utilization, maintenance, and disposal of downhole tool assets.
- Conduct regular audits to verify assets are in proper 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.
- Monitor stock levels and anticipate demand to prevent stockouts or excess inventory.
- Apply inventory optimization techniques and conduct weekly cycle counts to maintain accuracy and reconcile discrepancies.
Documentation and Reporting:
- Maintain detailed records of assets and inventory, including purchase details, maintenance history, and disposal documentation.
- Generate reports on asset utilization, inventory levels, and financial performance.
- Analyze data to identify trends, areas for improvement, 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 service industry.
- Strong knowledge of ERP systems such as JD Edwards, SAP, or Oracle.
- Advanced proficiency in Microsoft Excel and Word.
- Exceptional attention to detail and ability to work effectively under pressure.
- Excellent communication, organizational, analytical, troubleshooting, and teamwork skills.
- Proficiency in English for effective interaction across teams.
Preferred Qualifications:
- Supply Chain certification is considered an advantage.
This role demands a proactive individual eager to learn and challenge existing processes while maintaining high standards of accuracy and safety. The Asset & Inventory Coordinator will contribute significantly to operational efficiency and asset integrity within the organization.