Author: Great Britain. National Audit Office
Publisher: The Stationery Office
ISBN: 9780102975529
Category :
Languages : en
Pages : 48
Book Description
The Ministry of Defence is buying more inventory than it uses and not consistently disposing of stock it no longer needs. Between the end of March 2009 and the end of December 2011 the total value of the inventory held by the armed forces and in central depots of non-explosives increased by 13 per cent, from £17.2 billion to £19.5 billion. The Department estimates that for raw material and consumable inventory, such as clothing or ammunition, it has spent £4 billion between April 2009 and March 2011, but did not use £1.5 billion (38 per cent) worth. The NAO estimates that the costs of storing and managing inventory were at least £277 million in 2010-11. Furthermore, over £4.2 billion of non-explosive inventory has not moved at all for at least two years and a further £2.4 billion of non-explosive inventory already held is sufficient to last for five years or more. During 2010 and 2011, the MOD identified inventory worth a total of £1.4 billion that could either be sold or destroyed, but it was unable to information on the value of the stock that had been destroyed. MOD has already introduced improvements but strategies and performance reporting do not yet focus on effective inventory management. There are also few targets for monitoring the efficiency of inventory management. The Department has commissioned a review to establish and sustain more cost effective inventory management and plans to implement its recommendations by March 2013
Managing the Defence Inventory
Author: Great Britain. National Audit Office
Publisher: The Stationery Office
ISBN: 9780102975529
Category :
Languages : en
Pages : 48
Book Description
The Ministry of Defence is buying more inventory than it uses and not consistently disposing of stock it no longer needs. Between the end of March 2009 and the end of December 2011 the total value of the inventory held by the armed forces and in central depots of non-explosives increased by 13 per cent, from £17.2 billion to £19.5 billion. The Department estimates that for raw material and consumable inventory, such as clothing or ammunition, it has spent £4 billion between April 2009 and March 2011, but did not use £1.5 billion (38 per cent) worth. The NAO estimates that the costs of storing and managing inventory were at least £277 million in 2010-11. Furthermore, over £4.2 billion of non-explosive inventory has not moved at all for at least two years and a further £2.4 billion of non-explosive inventory already held is sufficient to last for five years or more. During 2010 and 2011, the MOD identified inventory worth a total of £1.4 billion that could either be sold or destroyed, but it was unable to information on the value of the stock that had been destroyed. MOD has already introduced improvements but strategies and performance reporting do not yet focus on effective inventory management. There are also few targets for monitoring the efficiency of inventory management. The Department has commissioned a review to establish and sustain more cost effective inventory management and plans to implement its recommendations by March 2013
Publisher: The Stationery Office
ISBN: 9780102975529
Category :
Languages : en
Pages : 48
Book Description
The Ministry of Defence is buying more inventory than it uses and not consistently disposing of stock it no longer needs. Between the end of March 2009 and the end of December 2011 the total value of the inventory held by the armed forces and in central depots of non-explosives increased by 13 per cent, from £17.2 billion to £19.5 billion. The Department estimates that for raw material and consumable inventory, such as clothing or ammunition, it has spent £4 billion between April 2009 and March 2011, but did not use £1.5 billion (38 per cent) worth. The NAO estimates that the costs of storing and managing inventory were at least £277 million in 2010-11. Furthermore, over £4.2 billion of non-explosive inventory has not moved at all for at least two years and a further £2.4 billion of non-explosive inventory already held is sufficient to last for five years or more. During 2010 and 2011, the MOD identified inventory worth a total of £1.4 billion that could either be sold or destroyed, but it was unable to information on the value of the stock that had been destroyed. MOD has already introduced improvements but strategies and performance reporting do not yet focus on effective inventory management. There are also few targets for monitoring the efficiency of inventory management. The Department has commissioned a review to establish and sustain more cost effective inventory management and plans to implement its recommendations by March 2013
Defense Inventory Management
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Inventory control
Languages : en
Pages : 44
Book Description
Publisher:
ISBN:
Category : Inventory control
Languages : en
Pages : 44
Book Description
DEFENCE INVENTORY MANAGEMENT.
Author: NATIONAL AUDIT OFFICE.
Publisher:
ISBN: 9781786045096
Category :
Languages : en
Pages : 0
Book Description
Publisher:
ISBN: 9781786045096
Category :
Languages : en
Pages : 0
Book Description
Defense Inventory
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 68
Book Description
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 68
Book Description
Ministry of Defence
Author: Great Britain: Parliament: House of Commons: Committee of Public Accounts
Publisher: The Stationery Office
ISBN: 9780215054500
Category : Political Science
Languages : en
Pages : 42
Book Description
The National Audit Office report on this topic published as HC 190, session 2012-13 (ISBN 9780102975529)
Publisher: The Stationery Office
ISBN: 9780215054500
Category : Political Science
Languages : en
Pages : 42
Book Description
The National Audit Office report on this topic published as HC 190, session 2012-13 (ISBN 9780102975529)
Performance Management of Defence Inventory
Author: Australian National Audit Office
Publisher:
ISBN: 9780644389204
Category : Australia
Languages : en
Pages : 124
Book Description
Publisher:
ISBN: 9780644389204
Category : Australia
Languages : en
Pages : 124
Book Description
Department of Defense Inventory Growth and Management Problems Continue
Inventory Management
Author: DIANE Publishing Company
Publisher: DIANE Publishing
ISBN: 0788132369
Category :
Languages : en
Pages : 53
Book Description
Publisher: DIANE Publishing
ISBN: 0788132369
Category :
Languages : en
Pages : 53
Book Description
Inventory Management
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Arsenals
Languages : en
Pages : 32
Book Description
Publisher:
ISBN:
Category : Arsenals
Languages : en
Pages : 32
Book Description
Defense Inventory
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Inventory control
Languages : en
Pages : 56
Book Description
Publisher:
ISBN:
Category : Inventory control
Languages : en
Pages : 56
Book Description