GAO: AIR FORCE SHOULD STRENGTHEN INVENTORY MANAGEMENT

By John Liang / November 12, 1999 at 5:00 AM
The General Accounting Office this week recommended the Air Force strengthen its management oversight procedures for handling excess inventory. According to a report released Nov. 10, GAO found that contracts for unneeded items were not being canceled mainly because the Air Force process for canceling those contracts takes too long. "Specifically, it takes 60 to 90 days to provide managers with the requirement information needed to make cancellation decisions. Also, the Air Force model provides for over 63 months of...

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