Defense Inventory: DoDs Efforts to Improve Management and Reduce Stocks Need to Continue

Abstract

I am pleased to be here today to discuss inventory management issues in the Department of Defense (DOD) and our conclusion that the amount for DOD secondary items in fiscal year 1993 should be at least $5 billion less than the amount appropriated in fiscal year1992. Last week I appeared before the Senate Committee on Appropriations on this same matter. My testimony today will follow the same lines and also address additional areas in which you have expressed interest. We have been reporting on problems with DOD's inventory management for a long time. Over the last 20 years, we have issued more than 130 reports dealing with these problems. The problem areas we have examined include growth in the amount of unrequired inventory; weaknesses in the requirements determination processes; continuing to order material that is already excess to needs; and a lack of visibility over assets.

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Document Details

Document Type
Technical Report
Publication Date
Feb 25, 1992
Accession Number
AD1169232

Entities

People

  • Frank C. Conahan

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Ground and Sea Platforms

DTIC Thesaurus Topics

  • Accounting
  • Air Force
  • Aircraft Equipment
  • Aircrafts
  • Base Closures
  • Budgets
  • Business Administration
  • Congress
  • Contracts
  • Department Of Defense
  • Electronic Components
  • Engines
  • Inventory
  • Inventory Control
  • Logistics
  • Management Personnel
  • Materials
  • Military Budgets
  • National Security
  • Procurement
  • Ships
  • Supply Depots

Readers

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