Inventory Manager

Weatherford•Broussard, LA

About The Position

The Asset and Inventory Manager manages and directs employees engaged in asset and inventory control. The role analyzes and reconciles inventory record discrepancies and recommends measures to improve methods, performance, and the quality of products or services. It works with senior leadership, product lines, regional leadership, finance, and site management to develop and implement strategies and processes for inventory and asset management, drive improvements, maintain transaction discipline, and monitor performance.

Requirements

  • Bachelor’s degree in supply chain management, logistics, business, engineering, or a related field, or equivalent experience.
  • At least 5 years of proven experience in inventory and asset management.
  • At least 2 years of leadership experience.
  • Demonstrated ability to support regional implementation of asset and inventory strategies.
  • Knowledge of standard asset and inventory processes and procedures, and the ability to lead their implementation.
  • Ability to develop, outline, communicate, and implement effective objectives and action plans.
  • Ability to understand and monitor performance metrics and manage reporting at country or regional level.
  • Ability to perform root cause analysis and process mapping.
  • Experience building, leading, and developing a successful team.
  • Ability to work effectively in a matrix organization, including negotiating and influencing across the matrix.
  • Excellent communication and public speaking skills.
  • Logical, methodical, results-driven, determined, and able to use sound judgment to achieve business results.
  • Ability to work effectively under pressure and with tight timelines.
  • Advanced MS Excel skills and working knowledge of standard office software such as MS Outlook, PowerPoint, and Word.
  • Proficiency in inventory and asset ERP software.

Nice To Haves

  • Experience in Oil & Gas, Oilfield Services, or another asset-intensive industry.
  • Experience with oilfield equipment, critical spares, rental equipment, tools, and maintenance materials.
  • ASCM certification such as APICS CPIM or CSCP, or ISM CPSM certification.
  • Knowledge of JDE inventory and asset ERP software.

Responsibilities

  • Collaborate with senior leadership and managers to choose, define, and implement asset and inventory strategies that optimize inventory and asset investments.
  • Identify and highlight issues that prevent execution of asset and inventory strategies or improvement of results.
  • Work with Product Lines and Region Leadership to drive change, coach, and support development of targeted improvement action plans.
  • Communicate and implement processes for acquiring new assets and managing inventory utilization and replenishment.
  • Ensure a process supports identifying and using assets and inventory as part of capital, asset, and inventory requests.
  • Design strategies, implement tactics, and execute plans to address slow-moving assets and inventory and locate excess assets and inventory.
  • Liaise with Finance and the Region Asset and Inventory Manager to ensure compliance with asset transfer policies and procedures.
  • Work with the Region Asset and Inventory Manager to establish plans and requirements for the inventory and asset count-control process and monitor compliance.
  • Monitor accuracy results, ensure variances are investigated and documented using Root Cause Analysis, and assist sites with accuracy improvement plans.
  • Support Site Management in maintaining full process and ERP transaction discipline and compliance with company procedures and work instructions.
  • Adhere to and enforce inventory and asset policies.
  • Provide training and coaching on inventory and asset management, processes, budgeting, plan execution, inventory target setting, and asset utilization improvement.
  • Report and monitor inventory and asset KPIs as required.
  • Use issues identified in reports to initiate discussions with regions and sites and drive improvement.
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