Damen Song Cam Shipyard Co., Ltd is a joint venture between Damen Shipyards Group in the Netherlands (70%) and Song Cam Shipyard (30%), member of SBIC and based in Hai Phong, Vietnam. At a 42 hectares site just outside Hai Phong, Damen Song Cam is a strategic and preferred production location within the Damen Shipyards Group to produce tugboats and work-boats. At the moment, the shipyard is a dedicated outfitting shipyard, outfitting, commissioning and delivering approx. 40 vessels per year to clients worldwide. At a later stage Damen Song Cam will further increase its production facilities to deliver approx. 80 vessels a year and will start to produce some of the hulls which are currently sub-contracted to other yards. Stock control is the function of understanding the stock mix of a company and the different demands on that stock. The demands are influenced by both external and internal factors and are balanced by the creation of purchase order requests to keep supplies at a reasonable or prescribed level. The principal duty of a stock controller is to organize and monitor stock levels to maximize efficiency. The Stock Controller, monitors and coordinates activities related to demand of raw material and inventory parts to ensure that all business operations have the right material at the right time to achieve their objectives.