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Defense inventory : actions needed to improve the Defense Logistics Agency's inventory management : report to the Subcommittee on Readiness, Committee on Armed Services, House of Representatives.

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Format:
Book
Government document
Author/Creator:
United States. Government Accountability Office, issuing body.
Contributor:
United States. Congress. House. Committee on Armed Services. Subcommittee on Readiness, sponsoring body.
Standardized Title:
Defense inventory (2014 June)
Language:
English
Subjects (All):
United States. Defense Logistics Agency--Inventory control--Evaluation.
United States.
United States. Defense Logistics Agency--Rules and practice--Evaluation.
United States. Defense Logistics Agency.
Logistics--Evaluation.
Logistics.
Inventory control--Evaluation.
Physical Description:
1 online resource (iv, 81 pages) : color illustrations
Other Title:
Actions needed to improve the Defense Logistics Agency's inventory management
Place of Publication:
[Washington, D.C.] : United States Government Accountability Office, 2014.
System Details:
text file PDF
Summary:
DLA manages about one-fifth of DOD's $95 billion in secondary item inventory, such as spare parts to keep military equipment ready and operating. GAO has identified DOD supply-chain management as a high-risk area due in part to ineffective and inefficient inventory-management practices and weaknesses in forecasting the demand for spare parts. These factors have contributed to the creation of on-order and on-hand excess inventory. GAO was asked to review DLA's inventory-management practices. GAO reviewed, among other things, the extent to which DLA has (1) developed and met goals to reduce on-hand inventory and on-order excess inventory while reducing backorders, and any challenges faced in doing so, and (2) implemented initiatives using a comprehensive management approach to improve inventory management. GAO analyzed inventory data from 2009 through 2013, evaluated DLA's inventory processes, and interviewed DLA and DOD officials.
Contents:
Background
DLA has reduced its on-hand inventory and met reduction goals, but disposed of items that may have to be bought again and lacks oversight of its on-order excess inventory
DLA is implementing efforts to improve inventory management but can strengthen collaborative forecasting
Conclusions.
Notes:
"June 2014."
Includes bibliographical references.
Online resource; title from PDF title page (GAO, viewed June 24, 2014).
"GAO-14-495."
OCLC:
881682093

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