Keeping Inventory
As part of your admin we expect all society committee members to know what resources their society owns. You need to be able to show us what you have in store, It’s approximate value, where the resource is and in what condition is it in.
This helps you and us to make sure equipment safety is checked e.g. pat testing, That we explore repairs or replacements where needed, manage stock and that we have appropriate storage solutions in place. In addition it helps us to identify if we have adequate insurance or warranty on any purchases
When you complete your handover or depart your role, you will be asked to provide us with an updated inventory log. Best practice is to update the log at least twice per year.
Offsetting costs to your society
We understand there may be instances where you need shared resources, need to lower the overall costs, need additional support to map your finances and our staff team is here to help. Here are a few ways you can offset costs for your society for your events and initiatives:
- Collaborate with other societies, the SU, Externals to split costs
- Sell tickets
- Make sure your membership price is costed appropriately for your annual cost to students i.e. is your membership price fair to the member and to the society for what you offer
- Buy reusable resources
- See if you can borrow equipment from the SU or other societies, there may be the opportunity for us to source equipment if it benefits a large number of societies.