<div class="description">
<p>The goal of this project is to develop a consumable inventory management strategy for the Supply Management  Unit (SMU) that will be applicable to other Department of Defense (DoD) supply support organizations. The SMU  is a Marine Corps wholesale activity that provides Class IX (consumable repair part) supply support to 160 Marine  Corps' units. The SMU uses the Days of Supply model to establish Requisitioning Objectives (RO) and Reorder  Points (ROP), which are based upon historical usage, lead time, and supply data. Historical data is generated from  Class I Natural Programs that were designed in the early 1970s. Since then, inventory management has evolved  from warehouses packed with supplies to warehouses carrying just enough inventories to satisfy customer  demand. The evolution of inventory management has proven that there is a direct relationship between inventory  and cost in that the ability to efficiently manage inventory serves as a catalyst for reducing cost. Efficient  inventory management involves the ability to forecast demand accurately, establish inventory levels prudently, and  provide optimal support to the customer cost-effectively. Therefore, this project will focus on developing an  inventory management strategy that efficiently balances readiness with supply chain system-wide costs.
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<br>Subjects: Supply Chain Management; Inventory Management; Logistics Engineering</div>
<div class="fn value">
<dl><dd>Bacon, John</dd>
<dd>Reyna, Juan L.</dd>
<dd>Hunter, Alfred E.</dd></dl></div>
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