demanded could be any number, depending on the
quantity per request.
High Limit The maximum quantity of material to
be on hand and on order to sustain current operations. It
includes the sum of stocks represented by the operating
level, the safety level, and the order and shipping time.
It is equivalent to the requisitioning objective.
Item Depth The quantity of a particular item
stocked. For example, if the allowance quantity of an
NSN is 10, the item depth for that NSN is 10. Inventory
management uses this term with stock levels; that is,
when referring to the depth of all NSNs stocked by an
activity.
Item Range The number of different items
stocked. For example, if an activity stocks 7,000
different line items (stock numbers), the item range is
7,000.
Low Limit The stock position that signals the need
to start a replenishment action. It includes the stocks
represented by the safety level plus the order and
shipping time. It is equivalent to the reorder point.
Not Carried Refers to items that the supply
department does not stock. The supply department does
not maintain stock records for these items. It is
synonymous with the term not stocked.
Not in Stock Refers to items stocked by a supply
department but not on board when the demand occurs.
Order and Shipping Time The anticipated (or
advertised) time between order and receipt.
Operating Level The quantity of material
(exclusive of safety level) required to sustain operations
during the interval between successive requisitions.
Normally, it is the difference in the quantity between the
requisitioning objective (high limit) and the reorder
point (low limit).
Peacetime Operating Stock (POS) Item Used by
automated ships to identify items that have a relatively
high issue rate. POS items experience a demand
frequency of two or more in a period of 6 months, and
continue to have at least one demand every 6 months
afterwards. POS items require semiannual review of
stock records to compute the new requisitioning
objective. POS item is synonymous with the term
demand-based item (DBI).
SIM Item The term SLM means selected item
management. It is an inventory control principle for
nonautomated ships. SIM items are those items that
have experienced a frequency of demand of two or more
within the past 6 months. SIM items also refer to items
that have a predictable demand of two or more based on
deployed or seasonal usage. SIM is similar to the criteria
for POS and DBI used in automated ships.
Reorder Point The stock position that signals the
need to start replenishment action. It includes stocks
represented by the safety level plus the order and
shipping time. It is the same as low limit.
Requisitioning Objective The maximum quantity
of material to be maintained on hand and on order to
sustain current operations. It includes the sum of stocks
represented by operating level, safety level, and order
and shipping time. It is the same as high limit.
Safety Level The quantity of material, in addition
to the operating level, required to be on hand to permit
continual operations. This is the quantity of material
used as a buffer to reduce the number of not in stock
(NIS) situations.
Stockage Objective The maximum quantity of
material to be maintained on hand to sustain current
operations. It includes the sum of stocks represented by
the operating level and the safety level.
STOCK CONTROL RESPONSIBILITIES
AND FUNCTIONS
Aboard ship, stock control is the nerve center of the
supply department under the Shipboard Uniform
Automated Data Processing System (SUADPS). The
Naval Aviation Logistics Command Management
Information System (NALCOMIS) used by aviation
units also interfaces with SUADPS. The inventory
control procedures used Moat are compatible with the
3-M reporting and OPTAR accounting requirements in
the Navy. These are the 3-M reports as defined in
OPNAVINST 4790.4 (ships) and OPNAVINST 4790.2
(series) for aviation. The Financial Management of
Resources (Operating Forces), NAVSO P-3013-2,
describes the OPTAR accounting and reporting
procedures.
RESPONSIBILITIES
Stock control is responsible for the inventory
control and management of all stock items in the custody
of the supply officer. These are items located in supply
department spaces or under the custody of other
departments. Stock control processes all requisitions
submitted manually or electronically by computer.
Stock control posts transactions, such as receipts, issues,
surveys, and inventory adjustments. Stock control also
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