Asset & Inventory Coordinator

Asset & Inventory Coordinator
Job Locations
SA-AL KHOBAR
ID
2023-207076
Category
SUPPLY CHAIN
Position Type
Regular Full-Time
Overview
Weatherford is a leading global energy services company. Our world-class experts partner with customers to optimize their resources and realize the full potential of their assets. Across our operating locations, including manufacturing, research and development, service, and training facilities, operators choose us for strategic solutions that add efficiency, flexibility, and responsibility to any energy operation.

We are focused on technology development, digital solutions, and defining our footprint in the new energy space. Our ability to provide integrated solutions across our segments will be critical to growth in our core operations and the energy transition.

Energy producers face unique challenges every day, so it is our job to create solutions that enhance safety, streamline operations, and sustain uptime to meet or exceed their targets. We operate across the global energy landscape employing some of the best diverse talent in the industry. At Weatherford, we understand the value each individual brings to the table. We celebrate diversity in all its forms and are immensely proud of our workforce. We invite you to join our passionate, talented, word-class team.

When you join Weatherford, you instantly feel connected to something bigger a community that is grounded by our core values and driven to create innovative solutions for our customers. We celebrate each other s successes, grow together, and learn from each other constantly. Individually, we are impressive. Together, we are unstoppable. We are One Weatherford.

Weatherford offers competitive compensation, a comprehensive benefits program and provides you a challenging and enriching career path, with a healthy balance of structure and flexibility to chart your own course.

Weatherford is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

Our Asset and Inventory Coordinator has responsibility for optimizing inventory levels based on the costs of assets, inventory and warehousing, service levels, and replenishment time and costs. You will work with supply chain to determine optimal inventory levels, analyze historical sales data and seasonal demand to determine inventory needs. This will also require analyzing processes to determine replenishment cycles, and resolving issues related to inventory levels and replenishment. You may also propose improvements to processes and provide work direction to others if requested.
Responsibilities

Asset Management:
Monitor the acquisition, utilization, maintenance, and disposal of downhole tools assets.
Conduct regular inspections and audits to ensure assets are in good working condition.
Coordinate with various departments to track and manage asset movements.
Utilize asset tracking systems to maintain accurate records and asset documentation.

Inventory Management:
Oversee the inventory control process for downhole tools and related equipment.
Monitor stock levels, anticipate demand, and initiate procurement actions.
Coordinate with suppliers and internal stakeholders to ensure timely delivery of inventory.
Implement inventory optimization techniques to minimize stockouts and excess inventory.
Conduct regular inventory audits to maintain accuracy and reconcile discrepancies.

Documentation and Reporting:
Maintain comprehensive records of assets and inventory, including purchase details, maintenance history, and disposal records.
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 recommendations to management regarding asset and inventory management strategies.

Collaboration and Communication:
Collaborate with cross-functional teams, including operations, procurement, and finance, to ensure seamless asset and inventory management.
Communicate effectively with internal stakeholders to meet their asset and inventory requirements.
Liaise with external vendors and service providers to coordinate asset maintenance and repair activities.
Stay informed about industry developments, emerging technologies, and best practices related to asset and inventory management.
Qualifications
Experience & Education

REQUIRED
Bachelor's degree in a relevant field, such as supply chain management or business administration. Advanced degrees may be preferred.
Proven experience in asset and inventory management, preferably within the oil and gas industry or related sectors.
Strong knowledge JD Edward tool and equipment used in the oil and gas industry.
Knowledge, Skills & Abilities

REQUIRED
Familiarity with asset tracking systems and inventory management software.
Excellent analytical and problem-solving skills, with the ability to identify trends, patterns, and discrepancies.
Strong organizational and time management abilities to prioritize tasks and meet deadlines.
Effective communication and interpersonal skills to collaborate with cross-functional teams.
Attention to detail and accuracy in maintaining records and documentation.
Ability to adapt to a fast-paced and dynamic work environment.
Knowledge of relevant regulations and compliance standards related to asset and inventory management in the oil and gas industry.