Materials/Inventory Manager
GE Oil & Gas (Vetco Gray)
Total des années d'expérience :20 years, 1 Mois
• Manage and control $40 M of Inventory to facilitate various projects across the MENAT region, (sites include Qatar, Saudi, Oman, Kuwait, UAE, Egypt, Algeria and Iraq) by implementing materials replenishment planning strategies based on Operational & Strategic Forecasting, Demand Plan.
• Established, managed and drive accuracy of regional inventory and assets demand forecast for on-going and potential activities, linking to the regional business financial forecast - both short and long term.
• Developed the inventory management strategy with the aim of controlling costs within budgetary limits/Operating plan, generating savings, targeted reduction of overstocks and removal of obsolete/redundant materials (In 2012 reduced $2.5 M Obsolete stock), rationalizing inventory and maximizing available working capital.
• Manage regional inventory level of raw, semi-finished and finished goods on FIFO basis to achieve optimum inventory level and better result.
• Manage and monitor the activities assigned to personnel involved in Inventory planning. Includes, analyze and recommend SPIR parts that are compatible for the intended use.
• Maintain stock levels and provide essential support to the operational material requirements of the company in a cost-effective manner.
• Set up Min/Max stock level to improve efficiency, Inventory turnover, to avoid stock-out, improve delivery time for on-time demand fulfillment.
• Ensure that Stock items are replenished timely & efficiently.
• Plan & coordinate with end users to review Slow Moving and Non-Moving inventory items and eliminate dead stock, Inventory deep-dive analyses results prepare reports and make recommendation as to the final disposition of these items.
• Prepare detailed analysis of on-hand inventory, Inventory performance, KPI (Key Performance Indicator) reports and report it on monthly, quarterly and annual basis.
• Manage and provide metrics of inventory and stock performance by customers, projects, consignment stock, services inventory to support management and operational decisions.
• Implement and manage inventory control measures to ensure reduction of stock and accurate record of inventory movement, remote inventory assessment updated on the ERP system on timely manner.
• Directs and implements departmental policies and procedures to include: proper methods of issuing and receiving materials, Warehouse Management, handling of rejected materials, accuracy of computer entries, and reconciling material inventory variances.
• Recommends, coordinates, and assists in projects to improve: utilization of available warehouse space, material flow rationalization, Project work in process and purchased material, inventory accuracy and cycle-counting.
• Interface with cross-functional team like project, engineering, supply chain and operation managers to establish workflow including release dates, releasing order, dates, and cash flow management etc.
• Minimize inventory holding, logistics and resources costs for stocked materials (manpower, transport, order, warehouse storage, handling equipment’s and inventory costs).
• Ensure integrity and accuracy of the stock management system
• Manage control measures to ensure mistakes, inaccuracies and discrepancies are highlighted, addressed and resolved.
• Directs the movement of rejected parts from various projects location, rig sites to the material rejected area and processes appropriate paperwork for accounting systems.
• Lead the annual physical inventory count process, including assignment of employees participating in the inventory count, observers for accuracy of counts, monitoring of inventory control tickets for accuracy and accounting, reconcile material variances upon completion of inventory count, organize inventory auditing etc.
• Ensures adherence to all EHS policies, procedures and standards to safeguard Company personnel and assets.
• Joined as an “Operation Supervisor - Inventory, Materials, Procurement & Supply Chain” led team (of 10 staffs directly reports to me) and managed complete Inventory, Purchase of direct and indirect Materials and Supply chain functions using advanced ERP SAP R/3 MM Module program.
• Managed end-to-end Import and Export shipments from regions (NAM, EUK, APA & MENAT) to serve the Middle East and Africa clients as per the company’s guidelines and policy to support offshore and onshore projects to the global clients.
• Managed and maintained the inventory level of stock items at its optimum level
• Minimize overall inventory value.
• Ensure accuracy of data in system including location, quantity on hand, value, etc.
• Developed procedures and processes for the effective management of inventory
• Ensure inventory management procedures & policies are developed, implemented and followed to be aligned with Company global systems, standards and processes.
• Analyze reports, measurements and external benchmarks to identify opportunities for continuous improvement.
• Checks accuracy and feasibility of the production plan against availability of materials
• Makes necessary adjustments/revisions to the production plan parallel to the availability of materials
• Analyzes the Materials Requirement based on the production plan
• Monitors the timely arrival of materials in required quantities to support the daily manufacturing schedule
• Maintaining accurate records of all receipt, issued and in hand materials and preparation of bimonthly and monthly reports of all received and issued materials and reconcile the daily, monthly, and annual inventory to the SAP R/3 MM Module computer system.
• Reconcile the daily, monthly, and annual inventory to the SAP computer system.
• Coordinates and communicates with purchasing, production control, manufacturing, and quality control departments for verification of materials and material issues to required departments.
• Ensuring all inventory assets are safe guarded from destruction, damages or failure.
• Directs the movement of rejected parts from project site to the material rejected area and processes appropriate paperwork for accounting systems.
• Preparation of KPI (Key Performance Indicator) reports to the operation Manager.
• Led and managed team of 10 staff activities includes (receiving, inspection, issuing, picking, labeling, staging, stacking, stock movement, stock taking, housekeeping, etc.
• Assigning the job responsibilities and priorities for the warehouse and material flow team.
• Developed warehouse management procedures and recommend estimates for stock replacement of existing movable equipment as it becomes obsolete or deteriorates.
• Evaluate complaints received on equipments and supplies and take appropriate action.
• Responsible for remote Warehouse (Consigned Stock).
• Monitoring Safety, Product Quality, Staff Productivity, Waste Elimination, etc.
• Ensure all safety precaution and safe work practices at warehouse.
• Prepare exception reports of received goods for shortage/Excess, damage and overage & their endorsement of carrier document with over, short & damage condition on carrier & notify to concern in order to claim the material or insurance claim
• Perform other duties as assigned by the director.
• Liasioning with Suppliers/Shipping companies/freight forwarders for prompt receipt/dispatch of consignment with various types of transport systems.
• Coordinate to expedite the orders with plant in USA, GERMANY, SINGAPORE, UK, CANADA and EUROPE for timely delivery of the materials.
• Preparation of the annual physical inventory, including assignment of employees participating in the inventory, coordinating with observers for accuracy of counts or discrepancies, and of monitoring of inventory control tickets for accuracy and accounting, and reconciling material variances upon completion of inventory.
• As a “Materials Leader - Inventory, Materials & Supply Chain Management” have managed $10 M regional Inventory and led team of total no of 8 workforce to run the “Distribution Center” end-to-end functions includes Inventory, Materials, Commercial Operation, Catalogue & Supply Chain Management.
• Provided expert functional and technical support to management to integrate the best industry practices and reduce risk in implementing new technologies, methods and processes (This includes expertise in one or more of the following: purchase/material management, logistic solutions and tools, assessment of existing supply chain management, implementation and change strategies, life-cycle impact analysis, facility and location consolidations, and transportation modeling etc.)
• Managed regional inventory and import/export shipments from (USA, Germany, Netherlands, Europe, Brazil, China, and UAE) serving to Middle East, Africa and Asia. Material Controls for over thousand products and warehouse logistic functions of the entire distribution center.
• Responsible for the control of the inventory by maintaining the optimum levels of stock parameters as per company procedures, minimizing inventory, identifying and eliminating duplicate and obsolete parts, write off and disposal of scrap and excess stock materials and achieving standardization and variety control of the inventory.
• Prepare variance statements comparing actual stock with physical stock where necessary. Find out reasons for variations and submit report to Management, & measures to be taken for corrective action.
• Responsible for establishing new inventory item records in the system; periodic review and update of existing inventory item records and inactivation of unwanted inventory item records in the system.
• Maintaining proper IT system to keep documents and records related to shipment loading and unloading, transfer of goods, etc.
• Plan and maintain appropriate health, safety and security measures related to the warehouse building, stock and employees.
• Coordinate with the Logistics Manager and maintain reports such as inventory report, manpower status, dead stock record, etc.
• Robust knowledge of import/export paperwork like (Invoice, Packing List, Delivery Advice, Delivery Note, Export Transaction Check List, Shipment Release Form, Goods Dispatch Note, COO-online apply for Certificate of Origin, Shipper Letter of Instruction) documents and customs procedure in accordance with GCC and JAFZA guidelines and USA legal compliance.
• Maintaining accurate records of all receipt issued and in hand materials and preparation of bimonthly and monthly reports of all received and issued materials. Prepare sales forecast and YTD sale report on monthly basis.
• Storage of materials in appropriate physical locations in accordance with pre-specified use of facilities and equipment
• Developed, supervised and maintained a safety program for all workers assigned to the warehouse.
• Developed productive associates through training, coaching, and disciplining when necessary, in order to achieve company goals and objectives
• Receive the goods and prepare control documents (MRN/GRN) and update the system records.
• Prepare exception reports of received goods for shortage/Excess, damage and overage & their endorsement of carrier document with over, short & damage condition on carrier & notify to concern in order to claim the material or insurance claim.
• Liaison with Transportation for selection of the right kind of transport service for Import/Export of materials, Liasioning with shipping companies/freight forwarders for prompt receipt/dispatch of consignment with various types of transport systems. Best care of goods in transit etc.
• Investigate and do report for packages mis-routed, damaged, lost and other non-conforming activities that deviates to its service level