Senate debates

Tuesday, 8 May 2012

Questions on Notice

Defence: Inventory Holdings (Question No. 1629)

Photo of Chris EvansChris Evans (WA, Australian Labor Party, Leader of the Government in the Senate) Share this | Hansard source

The Minister for Defence has provided the following answer to the honourable senator's question:

(a)-(b) Strategic Reform Program (SRP) savings are tracked, reported and managed on a stream-by-stream basis, they are not broken up by sub-category of optimising inventory holdings, introducing more efficient management techniques, one-offs or other descriptors.

The Smart Sustainment stream, which includes inventory, is comprised of a range of specific initiatives across the spectrum of Defence and the Defence Materiel Organisation (DMO). These initiatives are at various stages of maturity and SRP governance closely monitors the progress of these initiatives against the planned schedule and achievement of agreed cost reductions.

The Department will publish the stream cost reductions achieved under SRP in the Defence Annual Report which is expected to be released in late 2012.

Comments

No comments