Key Duties as Inventory Controller & Procurement:-
· To create Material requisition in oracle module for any new purchase.
· Leads finance and logistics staff in resolving reception and invoice discrepancies.
· Reviews planned orders, creates requisitions for purchased items, and manages approval process.
· Setting up layout and ensure efficient space utilization.
· Adhere to all warehousing, handling and shipping legislation requirements.
· Managing warehouse in compliance with company’s policies and vision.
· Overseeing receiving, warehousing, distribution and maintenance operations.
· To manage inventory as per operation requirement.
· Manage stock control and reconcile with Oracle inventory module.
· Prepare reports and statistics regularly (IN/OUT status report, dead stock report etc).
· Strong knowledge of warehousing Key Performance Indicators (KPIs).
· Identify heavy and low turn inventory items and maintain proper stock.
· Perform inventory adjustments (quantity and price variance analysis).
· Maintain separate stock for all segment of the companies like Well testing, Drilling fluid, Wire line.
· Develop accurate, consistent and enhancements to the inventory reporting structure.
· Maintain standards of HSE and security.
· To maintain minimum/ maximum level of stock as per requirement.
· Have strong experience in procurement and supply chain.
· Transmits and prioritizes approved purchase orders and supporting documents to supplier.
· Organizing all shipments in line with company requirements.
· Verification of all freight invoices.
· Have experience in back yard activities like preparation of Well test units, certifications and safety related issues.
· Accurately maintain inventory balances between inventory systems in order to preserve inventory integrity.
· Perform in a manner consistent with company Vision, Mission Statement and Operating Principles.
· Establish processes and procedures that support and record production and inventory activities.
· Prepare correspondence to banks and vendors when necessary.
· Maintain thorough knowledge on inventory system in order to provide extensive support to the production management team for inventory and production related issues.
· Generation and distribution of weekly reports that summarising inventory accuracy through the use of cycle counts.
· Ensure that adequate financial and internal controls are in place for all activities relating to the accounting functions.
· Preparation of Audit files for annual audit and liaison with auditors to provide them all required information.