Defense Inventory: Top Management Attention is Crucial.

Abstract

In January 1990, the Comptroller General identified the Department of Defense's (DOD) inventory management as an area of particular risk for mismanagement, fraud, and abuse. The Office of Management and Budget has also identified this as a vulnerable area. Over the last 20 years, we have issued more than 100 reports dealing with specific aspects and problems in DOD's inventory management. In May 1986, we issued a summary report of over 300 prior DOD and GAO reports discussing problems in accountability and security of DOD inventories which showed that most of the systemic problems identified have existed for years. DOD promised corrective actions in response to our recommendations and it has made improvements in some specific areas, such as improving or amending policies and procedures for following up inventory inaccuracies. However, these corrective actions have not been effectively implemented, and the basic problems in DOD's inventory management remain. This report summarizes past work we have done in DOD's inventory management and related areas

Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1990
Accession Number
ADA280874

Entities

Organizations

  • United States Government Accountability Office

Tags

DTIC Thesaurus Topics

  • Accountability
  • Business Administration
  • Comptrollers
  • Inventory
  • Security

Readers

  • Defense Acquisition Program Management
  • Logistics and Supply Chain Management.