DEFENSE INVENTORY: Army Needs to Strengthen and Follow Procedures to Control Shipped Items

Abstract

The Army does not know the extent to which shipped inventory is lost or stolen because of weaknesses in inventory controls and financial management practices. The Army reported inventory shipment losses of $297,000 for fiscal year 1998. However, our analysis of available logistics and accounting records indicated that the Army could not account for about $900 million in shipped inventory in fiscal year 1998. We found that many of the shipments we reviewed had in fact been received, but had not been documented in the required manner. This unaccounted for inventory included classified and sensitive items, such as guided missile components and night vision equipment.

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Document Details

Document Type
Technical Report
Publication Date
Jun 23, 2000
Accession Number
AD1152781

Entities

People

  • Carleen C. Bennett
  • Charles Jr Patton
  • Jeanett H. Reid
  • Joseph F. Murray
  • Lawson Jr Gist
  • Robert C. Sommer
  • Sandra F. Bell
  • Susan K. Woodward

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Accounting
  • Army Personnel
  • Commerce
  • Control Systems
  • Databases
  • Department Of Defense
  • Electronic Mail
  • Finance
  • Financial Management
  • Governments
  • Guided Missile Components
  • Guided Missiles
  • Internet
  • Inventory
  • Inventory Control
  • Logistics
  • National Guard
  • National Security
  • Night Vision
  • Supply Chain Management
  • United States
  • Websites
  • World Wide Web

Readers

  • Government Contracting/Procurement.
  • Logistics and Supply Chain Management.