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Defense Inventory Management: Problems, Progress, and Additional Actions Needed
We are pleased to be here today to discuss defense inventory management tissues. We have identified defense inventory management as 1 of our 25 high-risk areas in the federal government because of vulnerabilities to waste, fraud, and abuse. As requested, our testimony will focus on (1) ahistorical overview of defense inventory management problems; (2) measures taken by the Department of Defense (DOD) to improve inventory management; and (3) the actions DOD needs to aggressively take, both near and long term, to solve long-standing inventory management problems.
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