Introduction

About NU's Equipment Inventory

Northwestern University maintains its equipment inventory to track capital equipment that costs $5,000 and over and has a useful life of at least one year. The inventory includes capital equipment in many of NU's buildings as well as some off-site locations. The Equipment Inventory Coordinator handles the day-to-day responsibilities of the inventory including updating the inventory database, tagging new capital equipment, reinventorying old capital equipment, and training departments to set-up their own non-capital equipment inventories to track equipment that costs under $5,000.