DEFENSE INVENTORY: Shortcomings in Requirements Determination Processes
Abstract
Overstated inventory requirements is another factor that can cause too much inventory to be maintained. This, in turn, can set in motion a series of unnecessary expenditures for more storage space, transportation, and personnel. In addition, excess quantities generated must be eventually purged from the system, usually at a severe financial loss. Understated requirements can result in item shortages and reduced readiness of the units needing the material. Either way, the requirements determination process has not achieved its primary objective of providing the needed parts to the right location in the most timely and cost-efficient manner possible.
Document Details
- Document Type
- Technical Report
- Publication Date
- May 01, 1991
- Accession Number
- AD1176238
Entities
People
- Frank Conahan
Organizations
- United States Government Accountability Office