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Industry · OILFIELD SERVICESFunction · Finance
UC-1009

Field Stock and Dead Stock

The engine reads the item master or masters, the works orders, the rental ledger and three years of run history.

20 weeksBuild Duration
XXXXIndicative ROI
XXXXBuild Cost
$XXXM/yrValue

The Challenge

Inventory was $264.8M at 30 June 2026 against $675.0M of 2025 cost of revenues. On average stock that is 2.6 turns, our arithmetic. It sits across 31 field districts and 15 warehouses. No published document ranks stock by the chance it is run.

How It Works

  • Reads and connects the source records named in the proposal.
  • The engine reads the item master or masters, the works orders, the rental ledger and three years of run history. It matches parts that share a specification, then scores every line by the chance it is run in the next four quarters, using rig activity by basin and the well designs it fits. Each line lands as run soon, move, or write off, with the district that wants it and the cash released. A planner approves every move.
  • Publishes a source-linked recommendation for SVP Manufacturing & Supply Chain approval and records the decision.

What It Removes

  • Buying what another yard holds
  • Scrap discovered at stocktake
  • Cash held in lines never run
Input Data RequirementsOperational, financial and reference records named in the innovex proposal for Field Stock and Dead Stock.
Output FormatField Stock and Dead Stock decision view with ranked actions, source links, confidence and a named owner.
“I can see what will never be run, and which district wants the rest, before I raise the order.”
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