Contractor Inventory

The inventory for your operation should be classed in the following groupings: 2.1.1 Materials 2.1.2 Tooling 2.2 In order to establish and maintain an accurate Inventory Control System, once the system has been set up, a physical inventory must be taken of all the items to be maintained in the Controlled Inventory. This information should contain quantity, in units or other designation, item name, part number (if available) description, and unit cost and cost extension.