INVENTORY MANAGEMENT POLICIES

SEC. 323. INVENTORY MANAGEMENT POLICIES (a) In General.— (1) Chapter 145 of title 10, United States Code, is amended by adding at the end the following new section: “§ 2458. Inventory management policies “(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; and “(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. “(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.”. (2) The table of sections at the beginning of such chapter is amended by adding at the end the following new item: “2458. Inventory management policies.”. (b) Date of Issuance of Policy.— The policy required by section 2458(a) of title 10, United States Code (as added by subsection (a)), shall be issued not later than 180 days after the date of the enactment of this Act.