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.
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