Department of the Navy: Breakdown of In-Transit Inventory Process Leaves It Vulnerable to Fraud

Pursuant to a congressional request, GAO followed up on its previous report on the Navy's in-transit inventory management system, focusing on: (1) determining what happened to the 34 shipments the Navy could not account for; (2) confirming that the Navy actually had receipt information for the 45 shipments that it could not account for in the previous report; and (3) Navy initiatives that address some of the specific control issues associated with in-transit inventory.