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NSIAD-92-179R 1 (1992-03-31)

handle is hein.gao/gaobacjzo0001 and id is 1 raw text is: United States GAO() General Accounting Office Washington, D.C. 20548 National Security and International Affairs Division March 31, 1992 146258 The Honorable James H. Bilbray House of Representatives The Honorable Frank McCloskey House of Representatives In response to your request, we are providing information on ways to prevent inventory management problems such as excessive or defective parts. Our July 1991 report' stated our recommendations for addressing the principal problems. Since that time we have observed initial progress by the Department of Defense (DOD) in response to legislation that resulted from our report. This letter offers observations on areas where further DOD action is possible. DOD has agreed with many of our past recommendations on inventory management improvements. However, DOD does not agree with us about the need to recognize and report excessive inventory as a step in minimizing excess and addressing other inventory management problems. As a result, we continue to find substantial weaknesses in DOD's inventory requirements determination process. Also, DOD has concurred with our recommendations for addressing defective items, but has not completed all corrective actions. Although DOD has made some progress in improving its inventory management, congressional oversight is warranted, particularly with regard to the need for inventory that DOD reports as required. EXCESSIVE INVENTORY REPORTED AS REQUIRED We reported in July 1991 that changes in valuation methods were not fully disclosed, DOD did not report all its inventory in its Supply System Inventory Report, and inventory valued at billions of dollars was inappropriately 'Defense Inventory: Reports Need Comparable and Comprehensive Data (GAO/NSIAD-91-266, July 17, 1991). GAO/NSIAD-92-179R Excess Defense Inventory

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