A method and system of tracking and the disposition of inventoried items is disclosed. The method and system include 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 suitable for one or more selected from the group consisting of destruction, demanufacturing, resale, recondition, storage, and redeployment; sending the incoming inventoried item to one of a redeployment, a demanufacturing, a reconditioning, 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 demanufacturing, resale, recondition, and redeployment; and, finally updating the manual audit code based upon the providing. Also disclosed is a system and method for securely tracking and reporting the disposition of inventoried items from a remote location.