Inventory Management

Inventory Management

Achieve operational excellence by leveraging our decades of inventory management experience

Inventory discrepancies. Overdue repairs. Time and resource constraints. Rig returns. Today’s industrial landscape is filled with inventory challenges that can prevent operators from focusing on their most critical tasks. That’s why world-class organizations partner with P2 Energy Services. Every day, our inventory management experts help customers increase their inventory accuracy, streamline processes and spend more time on their day-to-day operations. No matter your inventory challenge, trust P2E to solve it.

  • Gain real-time visibility into your inventory
  • Enhance the condition of your assets
  • Increase inventory accuracy
  • Improve working capital
  • Sell excess inventory for the optimal price
  • Create transparency around your rig return and repair metrics

End-to-End Inventory Solutions

As a digital services provider, P2E provides a full suite of tools that take the guesswork out of inventory management. But we’re also “boots on the ground” industry veterans who partner with our customers for the long haul. When you trust P2E with your inventory management, you’re getting the best of both worlds: the strong relationships that built our industry and the digital tools that will shape its future. With more than 100 stocking locations and 75 million feet of pipe sold each year, P2E delivers extensive in-house supply chain expertise for organizations across the U.S.

 

Stacks of steel pipe in a yard

Inventory Management Capabilities

Take advantage of P2E’s deep industry experience to streamline your day-to-day inventory management. We collaborate with our customers to ensure inventory is delivered on-time, accurately and efficiently so you can focus more on your operations and less on discrepancies and reconciliations. Our capabilities address the most common inventory challenges in industrial operations.

  • Auditing physical inventory and resolving discrepancies
  • Coordinating inspections and repairs
  • Managing transportation and logistics
  • Setting up and maintaining additional vendor records

Solution Spotlight

When a large operator was facing reconciliation issues between multiple frac crews in multiple regions, they turned to P2E for a solution. We communicated regularly with the operator to ensure inventory accuracy and established replicable processes, policies and tools to streamline future reconciliations.

Engineer tracking steel pipeline inventory online

Digital Inventory Management Tools

P2E’s proprietary inventory management system provides visibility into metrics that inform your business decisions: inventory levels, financial position, risk and more. This system integrates with our custom reporting tools to deliver robust business intelligence and inventory traceability from mill through delivery.

Oil drill rig pad

Rig Return Management

Reverse logistics can be painful. Trust P2E to manage the entire process so you can focus less on rig returns and more on your operations. Our proven system reduces headaches for productivity-minded teams and paves the way for quick, accurate well reconciliations.

Stacks of steel pipe in a yard

Inventory Management Capabilities

Take advantage of P2E’s deep industry experience to streamline your day-to-day inventory management. We collaborate with our customers to ensure inventory is delivered on-time, accurately and efficiently so you can focus more on your operations and less on discrepancies and reconciliations. Our capabilities address the most common inventory challenges in industrial operations.

  • Auditing physical inventory and resolving discrepancies
  • Coordinating inspections and repairs
  • Managing transportation and logistics
  • Setting up and maintaining additional vendor records

Solution Spotlight

When a large operator was facing reconciliation issues between multiple frac crews in multiple regions, they turned to P2E for a solution. We communicated regularly with the operator to ensure inventory accuracy and established replicable processes, policies and tools to streamline future reconciliations.

Engineer tracking steel pipeline inventory online

Digital Inventory Management Tools

P2E’s proprietary inventory management system provides visibility into metrics that inform your business decisions: inventory levels, financial position, risk and more. This system integrates with our custom reporting tools to deliver robust business intelligence and inventory traceability from mill through delivery.

Oil drill rig pad

Rig Return Management

Reverse logistics can be painful. Trust P2E to manage the entire process so you can focus less on rig returns and more on your operations. Our proven system reduces headaches for productivity-minded teams and paves the way for quick, accurate well reconciliations.

Your Marketplace for Excess OCTG Inventory

When a Midland operator discontinued a major program, they were left with more than $1 million in stranded OCTG inventory. P2E counted, repaired and sold the inventory on P2Ecommerce — getting our customer a 33% higher price than they could secure alone.

Introducing P2Ecommerce
Analyst working with a computer on market intelligence

Manage Complex Supply Chains

Identify exactly what you need and when to order it, based on our proprietary forecasting technology.

Forecasting
OCTG pipeline threads

Harness Four Decades of OCTG Expertise

Choose the industry veterans setting a new benchmark for safety, quality, delivery and cost.

OCTG
2024 SUSTAINABILITY REPORT