Joint operational stocks inventory purchasing prioritization methodology
Fahringer, Philip A.
Maher, Kevin J.
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Joint Operational Stocks (JOS) are used as a "revolving" inventory of end-use items available for loans to United States Special Operations Forces. The JOS items are administered by the United States Special Operations Command (USSOCOM) in Tampa, FL. By using a revolving inventory, USSOCOM reduces the total quantities of items that need to be stocked However, current stocks are inadequate to meet demand, and current funding is inadequate to fully stock all inventory items. Currently USSOCOM has no methodology to prioritize purchase decisions to provide the best support to Special Operations Forces, per dollar spent. This thesis provides a methodology to allocate limited financial resources in procuring additional JOS units of inventory to provide the greatest increase in mission support benefit to special operations forces. The methodology is applied to the current JOS inventory system, providing a recommended prioritized sequence of inventory purchases. This thesis is limited to those items in the JOS inventory that currently do not have adequate quantities to meet the current demand, yet have sufficient demand history to provide adequate data for analysis. The methodology developed, however, is generic in nature and can be applied again in the future as more data becomes available.
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