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Service Inventory

Service inventory refers to how much of a service a business can provide in a given period. For instance, a hotel might have a service inventory of 100 rooms per week. An accountancy firm might have a complex service inventory based on the accountants available and the time it takes to perform various financial services. In IT terms, service inventory refers to the IT services available at an organization and the time it would take to deploy each of those services. Service inventory also considers the cost, features, and benefits of each service.

What Small and Midsize Businesses Need to Know About Service Inventory

In business terms, SMBs should be able to present their own service inventory and understand that of their suppliers. For example, a business's third-party managed service provider (MSP) should have a service inventory that can support system shutdowns or other extenuating circumstances.

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