Army Inventory Management: Inventory and Physical Security Problems Continue.
Abstract
The objectives of this review were to assess in greater detail the problems identified on GAO's May 1986 report, and the Army's actions to address these problems. More specifically, GAO's objectives were to determine and evaluate the (1) effectiveness of Army inventory control procedures, including inventory management and reporting practices, (2) reported accuracy of inventory records, (3) effectiveness of physical security being provided to control and safeguard inventories, (4) corrective actions needed to improve inventory management effectiveness, and (5) adequacy of internal controls in the inventory management area. This review, at the wholesale level, was performed at the Army's Tank Automative Command (TACOM), one of six Army ICPS, and the New Cumberland Army Depot, one of three major wholesale distribution depots. As of May 1987, TACOM-managed items were valued at about $4 billion. Of this total, we estimate about 23,800 items valued at about $453 million were stored at New Cumberland. Our review at the retail level was performed at selected inventory activity at Fort Carson, Colorado; the 25th Infantry Division at Schofield Barracks, Hawaii; and the 3d Armored Division in the Federal Republic of Germany.
Document Details
- Document Type
- Technical Report
- Publication Date
- Oct 01, 1987
- Accession Number
- ADA185780
Entities
Organizations
- United States Government Accountability Office