INVENTORY MANAGEMENT OF IN-TRANSIT ITEMS.

SEC. 349. INVENTORY MANAGEMENT OF IN-TRANSIT ITEMS. (a) Requirement for Plan.— Not later than March 1, 1999, the Secretary of Defense shall submit to Congress a comprehensive plan to ensure visibility over all in-transit end items and secondary items. (b) End ITEMS.— The plan required by subsection (a) shall address the specific mechanisms to be used to enable the Department of Defense to identify at any time the quantity and location of all end items. (c) Secondary Items.— The plan required by subsection (a) shall address the following problems with Department of Defense management of inventories of in-transit secondary items: (1) The vulnerability of in-transit secondary items to loss through fraud, waste, and abuse. (2) Loss of oversight of in-transit secondary items, including any loss of oversight when items are being transported by commercial carriers. (3) Loss of accountability for in-transit secondary items due to either a delay of delivery of the items or a lack of notification of a delivery of the items. (d) Content of Plan.— The plan shall include for subsection(b) and for each of the problems described in subsection (c) the following information: (1) The actions to be taken by the Department. (2) Statements of objectives. (3) Performance measures and schedules. (4) An identification of any resources necessary for implementing the required actions, together with an estimate of the annual costs. (e) GAO Reviews.— (1) Not later than 60 days after the date on which the Secretary of Defense submits the plan to Congress, the Comptroller General shall review the plan and submit to Congress any comments that the Comptroller General considers appropriate regarding the plan. (2) The Comptroller General shall monitor any implementation of the plan and, not later than 1 year after the date referred to in paragraph (1), submit to Congress an assessment of the extent to which the plan has been implemented.