Inventory Management SOP

Purpose: To maintain accurate tracking and management of all SatCom Networks equipment, tools, and supplies.

Procedure:

1. Inventory Check-In/Check-Out

   • Document all equipment and tools when checking them out for client projects or internal use.
   • Upon return, inspect items for damage or wear and log their condition in the inventory system.

2. Monthly Inventory Audit

   • Perform a physical audit of all inventory items at the end of each month.
   • Identify any discrepancies and investigate causes, updating records as necessary.

3. Restocking and Procurement

   • Review inventory levels monthly to identify any items that need replenishment.
   • Create purchase requests for items that fall below the minimum stock level.

4. Equipment Disposal

   • For equipment that is no longer functional, follow disposal procedures, ensuring data is wiped if applicable.
   • Update the inventory system to reflect the disposal and document the reason.