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What are the Best Tips for Telecom Inventory Management?

D. Nelson
D. Nelson

Telecom is short for telecommunications. The term refers to all of the devices that contribute to the transferring of data. Some common examples of telecom devices are telephones, radios, televisions, and computers that are connected to the Internet and other communication networks. Professionals who practice telecom inventory management are often Information Technology (IT) managers who are responsible for keeping track of the count and performance of computers, phones, and other devices within a business location. One of the best tips for telecom inventory management is to first create a position that is responsible for managing all related assets, followed by the development of an effective inventory system that can be implemented smoothly and at the lowest possible cost.

When telecom inventory management is not working, assets may go missing, pieces of equipment might be in need of repair, and some devices might sit on shelves without being used. This can increase costs of any operation because telecom devices are considered to be assets, meaning that they have value. If they are not being used or if they are not functioning properly, they add to cost.

Businesswoman talking on a mobile phone
Businesswoman talking on a mobile phone

Many professionals looking to optimize telecom inventory management create a position that is responsible for this task. This centralizes management so that all relevant information can be kept up to date in one database. A centralized position of inventory management also allows for use of an effective system that may include identification numbers, tracking devices, and protocol for updating records.

Once a telecom inventory management position has been created and filled, a system should be implemented. Normally, this system requires the use of computer software for the recording of data. Managers in small businesses with limited inventory might find that a system in which they can enter data manually is the best and most cost effective solution. Information such as identification number, date received, location, and health of a device may be recorded in an inventory management program.

IT managers who have larger inventories to consider may choose to use asset tracking devices. Bar codes attached to telecom devices can be scanned and information can be read on a computer monitor. Radio Frequency Identification (RFID) tags are another option. These can be placed on assets and read from a distance with an RFID reader that communicates with tags through radio waves.

An important tip for telecom inventory management can be to get the most helpful system for the lowest possible price. Aside from cost, however, it can also be important to consider how a system might be implemented. All employees who might use a system should have an ample amount of time to learn new procedures and become comfortable using the technology.

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