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The Resource Army Inventory: Opportunities Exist for Additional Reductions to Retail Level Inventories

Army Inventory: Opportunities Exist for Additional Reductions to Retail Level Inventories

Contributor
Summary
In prior reports, we recommended that the Army reduce its inventory levels at its retail activities (divisions) by not stocking items that were requested infrequently. The Army generally agreed with out recommendations. This report evaluates the progress the Army has made toward reducing its inventory levels for infrequently requested items and determines whether additional actions are required to streamline the Army's inventory systems at the divisions. As of September 1993, the Army had about $3.3 billion of inventory as its retail level activities. This represents a decrease from about $4 billion as of September 1991. The five divisions in our review had authorized inventory levels for common items valued at $234.2 million. Common items refer to parts for track and wheel vehicles and other support equipment and accounts for the vast majority of a division's inventory. Common items are categorized as either demand-based or non-demand-based. Demand-based items are those demanded by division customers at least 3 times in a 12-month period. Non-demand-based items do not need a minimum number of requests in order to be stocked. Studies performed by the Army have shown similar results concerning the large number of inventory items that are infrequently demanded and contribute little toward improving supply responsiveness. These studies recommended that infrequently demanded items be removed from the authorized inventories and that the criteria for determining what items should be stocked be reevaluated
Language
eng
Work
Publication
Extent
21 pages
Note
Report to the Chairman, Subcommittee on Readiness, Committee on Armed Services, House of Representatives
Instance
Label
Army Inventory: Opportunities Exist for Additional Reductions to Retail Level Inventories
Title
Army Inventory: Opportunities Exist for Additional Reductions to Retail Level Inventories
Contributor
Subject
Language
eng
Summary
In prior reports, we recommended that the Army reduce its inventory levels at its retail activities (divisions) by not stocking items that were requested infrequently. The Army generally agreed with out recommendations. This report evaluates the progress the Army has made toward reducing its inventory levels for infrequently requested items and determines whether additional actions are required to streamline the Army's inventory systems at the divisions. As of September 1993, the Army had about $3.3 billion of inventory as its retail level activities. This represents a decrease from about $4 billion as of September 1991. The five divisions in our review had authorized inventory levels for common items valued at $234.2 million. Common items refer to parts for track and wheel vehicles and other support equipment and accounts for the vast majority of a division's inventory. Common items are categorized as either demand-based or non-demand-based. Demand-based items are those demanded by division customers at least 3 times in a 12-month period. Non-demand-based items do not need a minimum number of requests in order to be stocked. Studies performed by the Army have shown similar results concerning the large number of inventory items that are infrequently demanded and contribute little toward improving supply responsiveness. These studies recommended that infrequently demanded items be removed from the authorized inventories and that the criteria for determining what items should be stocked be reevaluated
Cataloging source
DTICE
Index
no index present
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
  • Rabkin, Norman J
  • Lane, Robert J
  • Jessup, Jr, Norman L
  • GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL AFFAIRS DIV
http://library.link/vocab/subjectName
  • Reduction
  • Army equipment
  • Inventory control
  • Stockpiles
  • Reports
  • Division level organizations
  • Administration and Management
  • Military Forces and Organizations
  • Logistics, Military Facilities and Supplies
Label
Army Inventory: Opportunities Exist for Additional Reductions to Retail Level Inventories
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
21 pages
Form of item
online
Governing access note
APPROVED FOR PUBLIC RELEASE AVAILABILITY: DOCUMENT PARTIALLY ILLEGIBLE
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Note
Hein Online
System control number
  • (OCoLC)227811470
  • (OCoLC)ocn227811470
Label
Army Inventory: Opportunities Exist for Additional Reductions to Retail Level Inventories
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
21 pages
Form of item
online
Governing access note
APPROVED FOR PUBLIC RELEASE AVAILABILITY: DOCUMENT PARTIALLY ILLEGIBLE
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Note
Hein Online
System control number
  • (OCoLC)227811470
  • (OCoLC)ocn227811470

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