Initiatives to Improve Acquisition Lead Time

Abstract

This report addresses the initiatives implemented by DoD inventory control points to reduce acquisition lead time. This report also addresses management oversight of acquisition lead time. Acquisition lead time is the time from the identification of an item reorder point to the receipt of the first significant delivery. Reducing acquisition lead time decreases required inventory and inventory holding costs, thus freeing DoD funds for other uses. The overall audit objective was to review recent initiatives to improve acquisition lead time. We also reviewed management controls applicable to the audit objectives.

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Document Details

Document Type
Technical Report
Publication Date
Nov 23, 1998
Accession Number
ADA367838

Entities

Organizations

  • Office of the Inspector General, U.S. Department of Defense

Tags

Communities of Interest

  • Ground and Sea Platforms
  • Weapons Technologies

DTIC Thesaurus Topics

  • Accounting
  • Acquisition
  • Air Force
  • Air Force Facilities
  • Business Administration
  • Commerce
  • Department Of Defense
  • Electronic Commerce
  • Financial Management
  • Governments
  • Information Systems
  • Inventory
  • Inventory Control
  • Lead Time
  • Logistics
  • National Security
  • United States

Readers

  • Logistics and Supply Chain Management.