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The Army must uniquely identify the items to which it takes title in order to provide better asset accountability, valuation and life cycle management. Unique identification provides the Army the opportunity to differentiate an individual item from all others. Unique identification of items provides the Army with the source data to facilitate accomplishment of the following:
· Improve the acquisition of equipment and performance based logistics services for the Warfighter
· Capture timely, accurate and reliable data on items (i.e., equipment, repairables, materials, and consumables)
· Improve life-cycle asset management
· Track items in the Department and industry systems for operational, logistic and financial accountability purposes
Federal Register/ Vol. 73, No. 227 / Monday, November 24, 2008 / Rules and Regulations.
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