Navy Inventory Management: Improvements Needed to Prevent Excess Purchases

Abstract

Inventory management comprises several major functions, including determining what is needed; buying needed items; and storing, maintaining, distributing, and disposing of these items once they are received. Inventory control points, along with other activities such as maintenance depots and disposal activities, perform these inventory management functions. As requested, we focused this review on excess inventory the Navy had on order. Specifically, this report addresses whether the Navy (1) had valid requirements to support inventory purchases, (2) had purchased items that exceeded needs and the causes of this condition, and (3) was canceling purchases that exceeded needs.

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Document Details

Document Type
Technical Report
Publication Date
Apr 01, 1998
Accession Number
AD1178957

Entities

People

  • David R. Warren

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Air Platforms
  • Ground and Sea Platforms

DTIC Thesaurus Topics

  • Accounting
  • Acquisition
  • Air Force
  • Aircrafts
  • Attack Aircraft
  • Budgets
  • Commerce
  • Congress
  • Contracts
  • Department Of Defense
  • Economic Analysis
  • Electronic Mail
  • Financial Management
  • Governments
  • Guidance
  • Inertial Navigation
  • Inventory
  • Inventory Control
  • Logistics
  • Materials
  • National Security
  • Navigation
  • Procurement
  • United States

Fields of Study

  • Psychology

Readers

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