A Cost-Efficient Approach to Inventory Management: Using IUID to Meet an Organization's Specific Requirements

Members of the Department of Defense (DoD) acquisition workforce are very familiar with the S-curve that describes a weapon system s life-cycle costs; they also know that approximately 60 percent to 70 percent (or more) of a weapon system s life-cycle costs are typically associated with day-to-day o...

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Bibliographische Detailangaben
Hauptverfasser:	Rash-Gehres, Mindy, Decker, Jerry, Kotzian, Mike, Mallicoat, Duane, Simpson, Tim, Landry, Robert
Format:	Report
Sprache:	eng
Schlagworte:	DAILY OCCURRENCE Economics and Cost Analysis EXPLOSIVE ORDNANCE DISPOSAL INVENTORY CONTROL IUID(ITEM UNIQUE IDENTIFICATION) LIFE CYCLE COSTS Logistics, Military Facilities and Supplies NAVAL WARFARE ORGANIZATIONS REQUIREMENTS RFID(RADIO FREQUENCY IDENTIFICATION) TOC(TOTAL OWNERSHIP COST) WEAPON SYSTEMS
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Beschreibung
Zusammenfassung:	Members of the Department of Defense (DoD) acquisition workforce are very familiar with the S-curve that describes a weapon system s life-cycle costs; they also know that approximately 60 percent to 70 percent (or more) of a weapon system s life-cycle costs are typically associated with day-to-day operations and support (O&S) costs. In other words, O&S costs comprise more than half the total ownership cost (TOC) of most programs, and for this reason O&S costs have become the target of many proposed savings initiatives. One projected savings area within the O&S budget is better inventory management. Inventory management is the focus of this article in particular, the efforts of the Naval Surface Warfare Center (NSWC) Explosive Ordnance Disposal Technology Division (EODTECHDIV), Indian Head, Md. Published in the Journal of Defense AT&L, p44-49, January-February 2013.