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Tag: Inventory Count

Free Packaging and Sorting Checklist to Reduce Shipping Costs

Packaging Sorting Checklist Trimming the Fat from Shipping Costs During Christmas, my wife recalled the unique way her father packaged certain gifts. Each child would receive a small gift that was placed inside a box, which was placed in a larger box, which was in turn placed in a larger […]

Lean Process Management

Words of Process Improvement Wisdom During times of financial stress and heightened market volatility, we often hear these words being used in efforts of reducing overhead. Words such as “Lean, efficient, cost control or reductions, and so on.” When the market pendulum swings back from a bull market, we often […]

Inventory Criticality – What Are Your Critical Spares?

Truly Critical? Figure – Example of Shaffer Style Annular Ring..Ring.. It was early Saturday morning when Joe got the call from the rig telling him the upper annular had failed a pressure test and that they would need to disassemble it to see what the problem was.  Joe quickly called […]

Free Rig Warehouse Checklist

Rig Warehouse Checklist for Managers Bobby said goodbye to his family late one night and got on a plane to a distant city.  The next morning, he woke up at 3:30 AM to meet the helicopter departure time of 7:00 AM, leaving him bleary-eyed and a bit tense. Bobby’s phone […]

What Do Materials Coordinators Do?

  What do materials coordinators do vs. what others in oil and gas think they do?   Materials Coordinator= Storekeeper, Offshore Materials Administrator, OMC, Materialsman or similar.

Free Rig Warehouse Checklist

Rig Warehouse Checklist for Managers Bobby said goodbye to his family late one night and got on a plane to a distant city.  The next morning, he woke up at 3:30 AM to meet the helicopter departure time of 7:00 AM, leaving him bleary-eyed and a bit tense. Bobby’s phone […]

Inventory Matters: Interview With Patrick Guicheney

People make all the difference… People, Inventory Barcoding and ProcessesIntroduction In this interview series, Inventory Matters,  we will be speaking with industry leaders to gain their insight into improving inventory management in the oil and gas vertical.  Interview #2 with Patrick Guicheney Interview Body Question: What is the best advice you […]

Inventory Matters: Introduction to Series

  “$650,000,000.00 US Dollars is not sexy enough for us to be interested”.  This was the response I received at an  engagement when discussing inventory management solutions with an executive of a well-known  “drilling company”.  The value of their spare parts at the time was close to 650 Million dollars. […]