A key element in expense management is to keep the inventory of hardware and network facilities up to date. This is particularly true for large organisations where the number of items that need to be tracked can appear daunting and often the effort to keep records completely up to date is not made.

The consequences of not keeping an accurate inventory:

  • Units get lost, or shoved in drawers.
  • New purchases are made when actually a sufficient supply would be available, if they had been accounted for.
  • Employees can flout equipment replacement policies to get equipment upgrades that are unjustified.
  • Management cannot budget or charge back effectively.
  • Unused items and services can continue to be paid for even when serving no purpose.

Our consultants have designed, implemented, managed, and operated many telecommunications inventory systems for our clients.

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