Military surplus: DOD inventory, overstocked.

• Author: Doherty, Brian
• Position: Citings - Brief article

THE GOVERNMENT Accountability Office (GAO) has recognized since 1990 that the Defense Department suffers from "ineffective and inefficient inventory management practices and procedures [and] weaknesses in accurately forecasting the demand for spare parts." Such issues have "contributed to the accumulation of billions of dollars in spare parts that are excess to current needs."

An April 2015 follow-up GAO study on military inventory practices found that the Army, Air Force, and Navy still had expensive inventory management issues. It found, for example, that the Army violated its own guidance and consequently under-reported its "on-hand excess inventory." Similarly, the Navy's and Air Force's inventory reports included...