Accession Number : ADA194374

Title :   Comparison of Inventory Adjustment Policies between AFLC and Private Industry.

Descriptive Note : Student rept.,

Corporate Author : AIR COMMAND AND STAFF COLL MAXWELL AFB AL

Personal Author(s) : Mercer, Ronne G

PDF Url : ADA194374

Report Date : Apr 1988

Pagination or Media Count : 30

Abstract : A major concern at any Air Logistics Center operated by the Air Force Logistics Command is inventory accuracy. To insure accuracy is maintained requires the actions of numerous people who are responsible for receiving, storing, issuing, and maintaining the inventory, as well as those who are responsible for insuring the accountable records are updated. A key component of inventory accuracy is the inventory adjustment process which is designed to insure the record balances and the warehouse balances agree. Due to current AFLC policies, however, this is not always accomplished. This report reviews current inventory adjustment policies in AFLC, as well as recent comments and criticisms levied by various governmental investigation agencies. Also reviewed are inventory policies from private industrial companies which responded to a solicitation for assistance. AFLC and private industry policies are compared and subsequent recommendations are provided that may help the AFLC supply community achieve a higher degree of inventory accuracy.

Descriptors :   *POLICIES, *INVENTORY CONTROL, ACCURACY, AIR FORCE LOGISTICS COMMAND, BALANCES, INDUSTRIES, INVENTORY, WAREHOUSES, COMPARISON

Subject Categories : Logistics, Military Facilities and Supplies

Distribution Statement : APPROVED FOR PUBLIC RELEASE