AI Councils
Intake & Triage

AI Inventory

Maintaining a living register of all AI systems across the organization.

Why an Inventory

An AI inventory is the system of record for all AI in your organization. Without one, the council is governing blind. Regulatory mandates are also making inventories non-optional. The US DOJ requires annual AI use-case inventories submitted to OMB, and the EU AI Act requires registration of high-risk systems.

What to Track

At a minimum, each entry should capture:

FieldDescription
System IDUnique identifier
NameHuman-readable name
DescriptionWhat the system does, in plain language
OwnerBusiness unit and named individual
StatusPlanning / Development / Pilot / Production / Retired
Risk tierTier 1–4 (see Risk Tiering)
Use case typeInternal decision support / customer-facing / automated decision / generative AI / etc.
Data sourcesKey data inputs
Affected stakeholdersWho is affected by the system's outputs
Approval statusPending / Approved / Approved with conditions / Not approved
Last review dateWhen the system was last reviewed by the council or champion
Next review dateWhen the system is next due for review

Tooling Options

The inventory can be maintained in:

  • A spreadsheet (simplest starting point)
  • A project management tool (e.g., Notion, Airtable) with structured fields
  • A dedicated governance platform (e.g., Credo AI, OneTrust, ModelOp) as the program matures

The format matters less than the discipline of keeping it current.

Maintenance Cadence

  • New entries: Added at intake registration
  • Status updates: Updated by system owner when status changes
  • Periodic review: Full inventory reviewed quarterly by the council or chair
  • Annual audit: Complete inventory validated against actual AI use, cross-referenced with procurement and IT asset records

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