National Audit Office Ministry Of Defence Major Equipment Storage Report By The Comptroller And Auditor General
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National Audit Office. Report by the Comptroller and Auditor General. Ministry of Defence: Management of Work at Research Establishments
Author | : Great Britain. Parliament. House of Commons |
Publisher | : |
Total Pages | : 29 |
Release | : 2007 |
Genre | : |
ISBN | : |
Ministry of Defence
Author | : National Audit Office |
Publisher | : |
Total Pages | : |
Release | : 1984 |
Genre | : Great Britain |
ISBN | : |
Ministry of Defence
Author | : Great Britain. National Audit Office |
Publisher | : |
Total Pages | : 91 |
Release | : 1998 |
Genre | : Military supplies |
ISBN | : 9780105523062 |
Ministry of Defence
Author | : Great Britain. National Audit Office. Comptroller and Auditor General |
Publisher | : |
Total Pages | : |
Release | : 1985 |
Genre | : |
ISBN | : |
Ministry of Defence
Author | : Great Britain. Parliament. House of Commons. Committee of Public Accounts |
Publisher | : |
Total Pages | : 14 |
Release | : 1999 |
Genre | : Military supplies |
ISBN | : 9780102362992 |
Ministry of Defence
Need for Improvement in the Receipt and Storage of Military Supplies and Equipment
Author | : United States. General Accounting Office |
Publisher | : |
Total Pages | : 36 |
Release | : 1969 |
Genre | : United States |
ISBN | : |
Managing the Defence Inventory
Author | : Great Britain. National Audit Office |
Publisher | : The Stationery Office |
Total Pages | : 48 |
Release | : 2012-06-28 |
Genre | : |
ISBN | : 9780102975529 |
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