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Industry · OILFIELD SERVICESFunction · Procurement
UC-718

Control Consignment Stock to keep the right items available

Consigned stock at customer sites counted, valued and replenished from real consumption.

TBDBuild Duration
XXXXIndicative ROI
XXXXBuild Cost
XXXXValue

The Challenge

The opportunity is to eliminate consigned stock counted once a year at best, working capital tied up in stock nobody is using, and replenishment triggered by a phone call rather than by data. The proposed workflow is source-linked, but the current operating baseline and financial value remain illustrative until validated with the client.

How It Works

  • Reads consignment agreements, site counts, consumption reports and invoice history.
  • Builds a live position by customer site, item and value with a consumption trend.
  • Triggers replenishment, flags slow moving consignment and prompts the true-up invoice.

What It Removes

  • Consigned stock counted once a year at best
  • Working capital tied up in stock nobody is using
  • Replenishment triggered by a phone call rather than by data
Input Data RequirementsConsignment agreements, site count and consumption records, invoice history, item cost and value data
Output FormatLive consignment position by site and item, replenishment trigger list, slow moving and true-up report
“How much of our stock is sitting on customer sites, and is it moving?”
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