Inventory Manager

Job Purpose:

Our Asset and Inventory Manager has responsibility for managing and directing the activities of employees engaged in asset and inventory control. Day to day you will analyze and reconcile inventory record discrepancies and recommend measures to improve methods, performance, and quality of products or services.

Responsibilities:

• Collaborate with Senior Leadership and managers in choosing, defining and implementing asset and inventory strategies to optimize inventory & asset investments.
• Identify and highlight key issues preventing the execution of inventory and asset strategies and improvement of results.
• Work with Product Lines and Region Leadership to drive change: coach and support development of targeted improvement action plans.
• Understand, communicate, and implement the overall process to ensure the acquisition of new assets, utilization & replenishment of inventory.
• Ensure there is a process supporting the identification and use of asset and inventory as part of the capital/asset/inventory request process.
• Design strategies, implement tactics, and execute plans to address slow moving asset and inventory and assist in locating excess of both asset and inventory.
• Liaise with Finance and Region Asset and Inventory Manager to ensure that Asset Transfer Policies and procedures are adhered to.
• Work with Region Asset and Inventory Manager to establish the plans and requirements for maintaining good execution of the control (count) process and monitor compliance to process.
• Monitor accuracy results ensuring variances are investigated and captured utilizing the Root Cause Analysis documentation and assist sites in developing and implementing accuracy improvement plans.
• Support Site Management in ensuring 100% process and ERP system transaction discipline and compliance to company procedures and work instructions.
• Adhere to and enforce all Inventory and Asset Policies.
• Provide training/coaching on inventory and asset management, processes, budgeting, plan execution, inventory target setting, asset utilization improvement, etc.
• Report and monitor inventory and asset KPI's as required.
Leverage identified key issues in reports to initiate discussions with Regions and Sites to drive improvement.

Qualifications:

• Bachelor’s degree in supply chain management, Logistics, Business, Engineering, or related field, or equivalent experience
• Min 5 years of strong, proven experience in Inventory and Asset management
• Min 2 years of leadership experience
• Experience in Oil & Gas, Oilfield Services or another asset-intensive industry preferred.
• Experience with oilfield equipment, critical spares, rental equipment, tools, and maintenance materials is advantageous
• Association for Supply Chain Management (ASCM) certification – APICS CPIM, CSCP, or CPSM (ISM) is advantage
• Demonstrated ability to support regional implementation of asset and inventory strategies.
Knowledge of standard Asset and Inventory processes and procedures and skills to lead their implementation.

Skills:

• Ability to develop, outline, communicate and implement effective objectives and action plans.
• Ability to understand and monitor performance metrics and manage reporting at the country/regional level.
• Demonstrated ability to perform root cause analysis and process mapping.
• Experience with effectively building, leading, and developing a successful team
• Demonstrated ability to effectively work in a matrix organizational structure, including negotiating and influencing across the matrix.
• Excellent communication and public speaking skills.
• Logical and 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 skills in MS Excel. Working knowledge of standard office software such as MS Outlook, PowerPoint, and Word.
Proficiency in the use of inventory and asset ERP software, JDE would be considered an asset

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