Analysis of Annual Buys.
Abstract
This study evaluated the effects of implementing a minimum annual buy policy at Defense Logistics Agency hardware supply centers. A computer model was developed to analyze changes in on-hand inventory, contracting workload, storage requirements, safety levels, and funds utilization due to increased procurement cycles. The study shows that the main benefit of an annual buy policy is savings from increased quantity price breaks rather than savings in contracting workload as previously expected. The major costs of the policy appear to be not only increased inventory, but also significantly increased storage requirements. Keywords: Replenishment type; Items; Computer models; Statistical data; Charts; Tables(Data); Payback.
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 01, 1986
- Accession Number
- ADA188035
Entities
People
- James Russell III
Organizations
- Defense Logistics Agency