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The Resource Army Inventory: Growth in Inventories that Exceed Requirements

Army Inventory: Growth in Inventories that Exceed Requirements

Contributor
Summary
For the 5-year period ending September 30, 1988, the Army's wholesale level inventory increased from $6.1 billion to $12 billion. The former Chairman of the Subcommittee on Readiness, House Committee on Armed Services, asked GAO to determine how much of this inventory growth could be attributed to the Army's buying and maintaining more inventory than it needed to meet its military requirements. The former Chairman also asked GAO to determine what had caused the growth and what actions needed to be taken to curb it without impairing military capability. Inflation, price increases, and the major modernization efforts undertaken by the Army all contributed to the inventory growth. It was not possible to quantify the extent of inventory growth. It was not possible to quantify the extent of inventory growth attributable to each of the various factors. One fact was clear, however; the percentage of inventory that was not needed to meet approved requirements grew faster than overall inventories
Language
eng
Work
Publication
Extent
42 pages
Note
Report to the Chairman, Subcommittee on Readiness, Committee on Armed Services, House of Representatives
Instance
Label
Army Inventory: Growth in Inventories that Exceed Requirements
Title
Army Inventory: Growth in Inventories that Exceed Requirements
Contributor
Subject
Language
eng
Summary
For the 5-year period ending September 30, 1988, the Army's wholesale level inventory increased from $6.1 billion to $12 billion. The former Chairman of the Subcommittee on Readiness, House Committee on Armed Services, asked GAO to determine how much of this inventory growth could be attributed to the Army's buying and maintaining more inventory than it needed to meet its military requirements. The former Chairman also asked GAO to determine what had caused the growth and what actions needed to be taken to curb it without impairing military capability. Inflation, price increases, and the major modernization efforts undertaken by the Army all contributed to the inventory growth. It was not possible to quantify the extent of inventory growth. It was not possible to quantify the extent of inventory growth attributable to each of the various factors. One fact was clear, however; the percentage of inventory that was not needed to meet approved requirements grew faster than overall inventories
Cataloging source
DTICE
Index
no index present
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL AFFAIRS DIV
http://library.link/vocab/subjectName
  • Congress
  • Logistics management
  • Army procurement
  • Inventory analysis
  • Military requirements
  • Inventory control
  • Stockpiles
  • Reports
  • Acquisition
  • Information Science
  • Government and Political Science
  • Logistics, Military Facilities and Supplies
Label
Army Inventory: Growth in Inventories that Exceed Requirements
Instantiates
Publication
Note
Report to the Chairman, Subcommittee on Readiness, Committee on Armed Services, House of Representatives
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Extent
42 pages
Form of item
online
Governing access note
APPROVED FOR PUBLIC RELEASE
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Note
Hein Online
System control number
  • (OCoLC)227813885
  • (OCoLC)ocn227813885
Label
Army Inventory: Growth in Inventories that Exceed Requirements
Publication
Note
Report to the Chairman, Subcommittee on Readiness, Committee on Armed Services, House of Representatives
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Extent
42 pages
Form of item
online
Governing access note
APPROVED FOR PUBLIC RELEASE
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Note
Hein Online
System control number
  • (OCoLC)227813885
  • (OCoLC)ocn227813885

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