A system and method of tracking and reselling inventoried items is disclosed. This method includes assigning an audit code to an incoming inventoried item, wherein the audit code comprises a manual audit code and an automated audit code; auditing the incoming inventoried item to assess the incoming inventory item as such for one or more of, for example, the destruction, demanufacture, resale, recondition, storage, and redeployment; sending the incoming inventoried item to one of a redeployment, a demanufacture, a recondition, a resale, a storage, and a destruction in accordance with the auditing; manually updating the manual audit code in accordance with the auditing and the sending; providing, after the sending and the manually updating, redeployment or resale of at least a portion of the incoming inventoried item audited as suitable for at least one of demanufacture, resale, recondition, and redeployment; and, finally updating the manual audit code based upon the information provided to the system.