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10 U.S.C. § 2458 — Inventory management policies

submitted 36 years ago by Pub. L. 101-510 to r/title-10-ARMED-FORCES · 163 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Secretary of Defense must issue one inventory-management policy. It must set necessary maximum levels, reduce waste, use a uniform valuation system, and ensure employee evaluations consider waste reduction and savings.

(a) The Secretary must issue one uniform policy for managing Defense inventory. It must (1) set maximum levels sufficient to maintain only inventory needed for national defense; (2) guide officials in eliminating wasteful acquisition and management; and (3) establish one valuation system for military departments and Defense Agencies. (b) The Secretary must ensure appraisal systems for item managers and other responsible personnel consider efforts to eliminate waste and achieve savings.

the actual law source: uscode.house.gov ↗public domain
(a)Policy Required.—

The Secretary of Defense shall issue a single, uniform policy on the management of inventory items of the Department of Defense. Such policy shall—

(1)

establish maximum levels for inventory items sufficient to achieve and maintain only those levels for inventory items necessary for the national defense;

(2)

provide guidance to item managers and other appropriate officials on how effectively to eliminate wasteful practices in the acquisition and management of inventory items; and

(3)

set forth a uniform system for the valuation of inventory items by the military departments and Defense Agencies.

(b)Personnel Evaluations.—

The Secretary of Defense shall establish procedures to ensure that, with regard to item managers and other personnel responsible for the acquisition and management of inventory items of the Department of Defense, personnel appraisal systems for such personnel give appropriate consideration to efforts made by such personnel to eliminate wasteful practices and achieve cost savings in the acquisition and management of inventory items.

Source credit: (Added Pub. L. 101–510, div. A, title III, § 323(a)(1), Nov. 5, 1990, 104 Stat. 1530; amended Pub. L. 102–190, div. A, title III, § 347(a), Dec. 5, 1991, 105 Stat. 1347.)

history & why it existsrecord from the source credit
  • 1990Enacted · Pub. L. 101-510 · 104 Stat. 1530
  • 1991Amended · Pub. L. 102-190 · 105 Stat. 1347

A history note hasn’t been published yet. The record shows enactment by Pub. L. 101-510 on 1990-11-05.

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