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Defense inventory [electronic resource] : management actions needed to improve the cost efficiency of the Navy's spare parts inventory : report to congressional requesters
Bib ID 4613018
Format BookBook, OnlineOnline
Author
United States. Government Accountability Office
 
Online Access
Description [Washington, D.C.] : U.S. Govt. Accountability Office, [2008] 
ii, 49 p. : digital, PDF file. 
Technical Details

System requirements: Adobe Acrobat Reader. 

Mode of access: World Wide Web from GAO web site. Address as of 12/19/08: http://www.gao.gov/new.items/d09103.pdf ; current access available via PURL. 

Summary

Since 1990, GAO has designated the Department of Defense's (DOD) inventory management as a high-risk area. It is critical that the military services and the Defense Logistics Agency effectively and efficiently manage DOD's secondary inventory to ensure that the warfighter is supplied with the right items at the right time. It is also imperative that they maintain good stewardship over the billions of dollars invested in their inventory. GAO reviewed the Navy's management of secondary inventory and determined (1) the extent to which on-hand and on-order secondary inventory reflected the amount needed to support current requirements and (2) causes for the Navy's having secondary inventory in excess of current requirements or, conversely, for having inventory deficits. To address these objectives, GAO analyzed Navy secondary inventory data (spare parts such as aircraft and ship engines and their components and accessories) from fiscal years 2004 through 2007. GAO recommends that the Navy strengthen inventory management by incorporating cost-efficiency metrics and goals, evaluating and improving demand forecasting procedures, revising inventory management practices to better accommodate demand fluctuations, and enhancing oversight though the chief and deputy chief management officers.

Notes

Title from title screen (viewed on Dec. 19, 2008).

"December 2008."

"GAO-09-103."

Includes bibliographical references.

Subjects United States. Navy -- Supplies and stores -- Management.  |  United States. Navy -- Inventory control -- Evaluation.  |  Spare parts -- Purchasing -- United States.  |  Military supplies -- Management.
Also Titled

Management actions needed to improve the cost efficiency of the Navy's spare parts inventory

Govt. Doc. Number GA 1.13:GAO-09-103 

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