Spanning Canada and the United States, North America is home to a plethora of major industry players, including Exxon Mobil Corp, the world's second-largest publicly traded company after Royal Dutch Shell. The region's oil and natural gas industry is focused on developing oil sands, deepwater gulf prospects and increasingly profitable shale deposits stretching across the continent. One of the premier sweet spots for deepwater exploration, the Gulf of Mexico is the largest body of water indenting the U.S. continental coastline, and its subsea developments continue to spark both national and international interest.
Inventory control is the management of inventory including supply, storage and distribution to ensure that adequate quantities are maintained for the business needs and there is no excessive oversupply or loss. This involves coordinating with supply, storage and distribution departments to maintain an accurate record of materials.