Management of Inventory

Directive Statement

This directive establishes the proper methods of managing inventory at the University of Florida.  Departmental accountable officers are responsible for ensuring accurate accounting for the inventory of merchandise for resale.  In addition, the department must establish proper safeguards in accordance with sound business practices.

Reason for Directive

Fee-for-Service Educational Activity (FSEA) units are responsible for the stewardship of the University’s resources, including inventory.  This directive provides assurance that inventory will be well-safeguarded, appropriately managed, and proper records will be maintained.

Who must comply?

Departmental accountable officers of the FSEAs.

Procedures & Best Practices

Page Contents