Oil & Gas Stock Control Solutions
WELLSTOCK is an inventory,procurement, and a budget control system, developed specifically to cover the requirements of upstream Oil & Gas production and service companies, operating in multi-regional and /or multi-national locations as well as tool and equipment hire organisations.
The great importance of on-time receipt of goods and equipment is recognised. Reporting, some online, assures you that delinquent shipments and equipment repair, return and hire usage is reported on a regular basis.
WELLSTOCK.NET is unique, offering independent or linked modules which, when integrated provide the worlds first comprehensive Project Costing, Purchase/Service Order Creation, Tendering, Tracking, Logistics and Online Tender application.
The Modules are:
- Project Costing / Budget Creation
- Purchase/Service Order Creation
- Upload of purchase orders / request to Tender to the web
- Inventory Control
- Post Purchase order logistics
- Tool and equipment usage history
- Asset Management
Please be aware the Wellstock solution is developed to answer your specific needs, the information here is a guide to how it can be done. "Our Strength is making the Wellstock solution bespoke to your requirments.
Benefits:
- Great savings in production down time and emergency shipping costs because of the visability of supplier dispatch.
- at any point budgeted,quoted and actual values can be reported by Rig, Warehouse or Project.
- Purchase/Service order creation against set budgets adds to the historic inventory and value in each location
- Purchase/Service Order items are transmitted to the Internet at regular intervals allowing the Country or Location manager to view every item, sorted by PO reference, supplier ex works dispatch date, delivery status, en route in warehouse, send for repair, delivered etc.
- Suppliers can granted permissions to access Purchase Orders online confirming order status and compliance to ex-works dispatch date.
- Tools and Equipment are referenced and reported for each Rig, Well, Warehouse, in transit etc.
- Progress of each item in the supply chain is monitored and all interested parties can view the status online, in addition, progress emails or SMS mesages are sent automatically as information is received.
- All item descriptions are saved in a master database and can be allocated to any new project at a later date.
Developed to meet the needs of the Oil and Gas Industries.
The WELLSTOCK Inventory and Procurement Control System is comprehensive, matching the needs of companies in the Oil and Gas Industries at a price that is affordable, even for the smaller organisations servicing this field.
The comprehensive procurement module incorperated in the inventory control systems allows the operator, designer, procurement agent or consultant to produce provisional purchase orders in the WELLSTOCK procurement system.
Key features of the WELLSTOCK Global Inventory Control System are:
- The entire project inventory is entered into WELLSTOCK
- Items can be listed and grouped as Tools, Consumables, Chemicals, etc, catergories made up as required.
- Shipping charges can be shown and reported as a Monetary Valued Item.
- All item details are transmitted to the internet tracking screen showing expected dispatch and delivery dates and continually updated during its progress along the supply chain until final delivery.
- All shipping information is shown.
- Each Purchase Order item can show final destination information. e.g. Rig, Well, Yard, Warehouse.
- Tools or Equipment can be sent for inspection and or repair and expected return date and cost logged.
- History of Tools or Equipment usage is recorded and reported.
- Over due delivery or receipt of items is flagged.
- Management reports, both local and online, can be built to show aspects of all information held by the system. Including for example the delivery and price adherance performance of each supplier.
- Online and in-house authorized parties can view goods movement, goods status and notes.
- The Global Principal can log on and select which project to be shown, monitor all activities and add comments to each as required
- Each Project Manager has access to his relevant data.
- The Logistics Manager needs to only enter details once,poulating all documents and advising all parties.
- Data changes can be sent as an e-mail or SMS message to registered parties automatically.
The above is an indication of the functional WELLSTOCK can handle. The CORE ADVANTAGE of the WELLSTOCK solution is clear precise information available to ALL PARTIES reducing the risk of stocking problems and lowering associated costs.
We believe the facilities and service we provide together with affordability make these solutions unique to WELLSTOCK.NET