INV-07 · INVENTORY & ASSETS
INVENTORY & SERIALIZED ASSETS
Workover ERP tracks raw stock, consumables, and serialized rental assets in the same system as jobs and purchasing — with heat/lot traceability, min/max reordering, and asset utilization for rental fleets.
INSIDE THE PRODUCT
CAPABILITIES
WHAT'S INSIDE INVENTORY & ASSETS
INV-07 · 01
RAW MATERIAL & STOCK
Bar stock, forgings, and consumables by location and bin, with heat/lot numbers from receiving.
INV-07 · 02
SERIALIZED RENTAL ASSETS
Track wellhead, frac, and downhole rental assets by serial — location, condition, and revenue per asset.
INV-07 · 03
MIN/MAX REORDERING
Reorder points trigger purchase requests automatically, closing the loop with procurement.
INV-07 · 04
ISSUES TO JOBS
Material issued to a work order posts to job cost instantly with its heat number attached.
INV-07 · 05
CYCLE COUNTING
Count by ABC class without shutting the shop down; variances post with reason codes.
INV-07 · 06
ASSET MAINTENANCE HISTORY
Inspection, recert, and repair history on every serialized asset — rental-ready status at a glance.
HOW IT WORKS
RECEIVE
4140 bar arrives; heat #H8842 and the mill cert are captured at the dock.
ISSUE
Stock issues to WO-2041 — job cost and traceability update in the same second.
REORDER
The bar drops below min; a purchase request is raised automatically.
RENT
A 10K frac valve ships on rental; its utilization and recert clock are tracked by serial.
FAQ
INVENTORY & ASSETS — QUESTIONS WE GET
Can Workover ERP track rental assets?
Yes. Serialized assets carry location, condition, inspection/recert history, and revenue, so rental fleets are managed in the same system as the shop that services them.
How does inventory connect to purchasing?
Min/max reorder points raise purchase requests automatically, which flow through the standard approval and PO process in the procurement module.
Is heat and lot traceability included?
Yes. Heat and lot numbers are captured at receiving and follow material through issues, jobs, and shipment — with mill certs attached along the way.
Does issuing material update job cost?
Yes. The moment material is issued to a work order, its cost posts to that job's actuals, keeping estimate-vs-actual live.
SEE INVENTORY & ASSETS ON YOUR DATA
Bring one real job. We'll show it running end to end in a 30-minute live demo.
RELATED MODULES
Procurement →Machine Shop →Quality (API Q1) → Financials →