Engineer Workover Planning

1 day ago

Shahdol, Madhya Pradesh, India Reliance Industries Limited Full time

Interested candidates, kindly mail to

Main Purpose:

To ensure effective inventory management and streamlined procurement processes by tracking inventory levels, forecasting material requirements, managing vendor development, and executing cost-efficient procurement activities in compliance with company policies and legal standards.

Job Accountabilities:

  • Monitor and track inventory daily to prevent shortages and ensure uninterrupted operations.
  • Conduct physical inventory checks at rig locations and reconcile findings with system records.
  • Maintain accurate records of daily deliveries and shipments; analyze inventory trends to forecast future material requirements.
  • Coordinate with warehouse and operations teams to implement FIFO practices for material issuance and storage.
  • Initiate procurement based on Minimum Stock Levels (MSL) and support inventory optimization initiatives.
  • Drive cost-reduction and value-addition efforts within the supply chain.
  • Prepare and evaluate Vendor Qualification Criteria (VQC) and maintain an updated Vendor List (VL) based on EOI (Expression of Interest) responses.
  • Develop procurement documents such as Approval Notes, Scope of Supply (SOS), and initiate PR (Purchase Requisition) processes in SAP.
  • Identify and evaluate new and existing suppliers for goods and services, collect quotations, and lead technical and commercial bid evaluations.
  • Create and manage material and service codes to support efficient procurement and inventory tracking.
  • Prepare and update annual Budget Estimates and Revised Estimates aligned with forecasted demand and actual utilization.
  • Monitor purchase order and work order lead times through close coordination with suppliers and the P&C (Procurement & Contracts) team.
  • Implement and improve inventory management techniques to enhance efficiency and accuracy.
  • Support vendor development initiatives to strengthen quality, reliability, and cost efficiency.
  • Ensure full compliance with internal procurement policies and applicable legal and statutory requirements.

Qualification

  • Bachelor's degree in Mechanical Engineering from a recognized university.

Experience

  • Minimum 3 years of experience in the Oil & Gas industry.

Interested candidates, kindly mail to

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