Financial Accounting Blog

Tuesday, March 16, 2004

This article talks about how during the Iraq war, inventory was being accounted for using a "just in time" or "urgent operational requirement" method and this made the actual supplies getting to the soldiers harder to track. If you read the link, you'll see that this all came about because a British Soldier was shot when he had to give up his body armor to another soldier viewed to be in more danger. The shortages ranged from clothing to ammunition.