Defense Inventory:

Top Management Attention Is Crucial

NSIAD-90-145: Published: Mar 26, 1990. Publicly Released: Mar 26, 1990.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

GAO summarized its work on continuing problems with the Department of Defense's (DOD) inventory management system.

GAO found that DOD: (1) inventories grew 138 percent between 1980 and 1988, increasing from $43 billion to $103 billion; (2) continued to use multiple inventory levels, causing duplications of stock; (3) improved its policies and procedures for identifying inventory inaccuracies, but was not routinely implementing those policies; (4) needed to establish minimum security standards to protect inventories from theft; (5) had still not established a system for monitoring government materiel issued to defense contractors; (6) continued to generate excessive inventories through premature and unnecessary spare parts purchases; (7) faced other recurring inventory management problems, including deficiencies in shipment controls, supply item cataloging, procurement practices, excess stock use, warehouse space, and automated systems; and (8) required top management involvement in efforts to reduce its inventories.

Sep 22, 2016

Sep 21, 2016

Sep 19, 2016

Sep 12, 2016

Sep 8, 2016

Sep 7, 2016

Sep 6, 2016

Aug 25, 2016

Looking for more? Browse all our products here