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    Supply chain streamlines annual close-out: Boosts Air Force readiness and edge

    Supply chain streamlines annual close-out: Boosts Air Force readiness and edge

    Photo By Tech. Sgt. Patrick Wyatt | Members from the 435th Supply Chain Operations Squadron pose for a photo on Scott Air...... read more read more

    SCOTT AIR FORCE BASE, ILLINOIS, UNITED STATES

    09.25.2024

    Courtesy Story

    375th Air Mobility Wing

    As the Air Force strives to stay ahead in the Great Power Competition and counter rising global military capabilities, every operational detail gains importance.

    One critical, yet often overlooked, aspect is the fiscal year close-out process for the logistics enterprise.

    “The end-of-year procedure is essential for ensuring mission readiness by accurately accounting
    for the past year's financial activities,” said Lt. Col. Garrett Canter, 435th Supply Chain
    Operations Squadron commander. “Our efforts support the Air Force's role in maintaining a
    competitive advantage across the entire defense landscape.”

    The General Support Division and Internal Controls Flight of the 435th SCOS are integral to this
    end-of-year process, which impacts 254 logistics supply locations worldwide.

    “Their teams work diligently to ensure a seamless transition into the new fiscal year,” Canter
    explained. “This involves not only meticulous planning and execution with every step, but also
    overseeing the closure of base supply accounts while projecting them for the new year.”

    The General Support Division manages a $3.7 billion operating budget designed to meet
    consumable part needs for over 230 Air Force and Space Force locations globally. The team also
    closely monitors stock fund accounts.

    “After supply locations complete their processing, they notify us, and we perform a final review
    to address any remaining customer requirements,” Canter said. “Our goal is to ensure the
    effective use of remaining Stock Fund Authority at each base.”

    Months before the end-of-year event, the Internal Controls Flight initiates contact with each base
    to identify key points of contact, host virtual meetings and conduct any required training.

    “Preparation is critical and ensures that all supply accounts and representatives are ready for the
    process,” he noted. “In the final days leading up to the closeout, we act as a command and
    control center, coordinating with base customers, 437th SCOS personnel, and the Air Force Life
    Cycle Management Center at Gunter Annex. After the new fiscal year begins, we gather
    feedback from each base and the 635th Supply Chain Operations Wing to identify areas for
    improvement.”

    Thanks to these efforts, end-of-year supply system downtime has decreased by 73% over the past
    five years, dropping from 33 to just nine minutes.

    “This significant reduction minimizes the impact on the Air Force's mission,” Canter said. “The
    collaboration between the General Support Division and Internal Controls Flights demonstrates
    our efficiency and dedication to managing resources and ensuring mission readiness.”

    A smooth transition from one fiscal year to the next is vital for maintaining mission readiness
    and competing effectively in the era of Great Power Competition.

    “By reducing downtime and ensuring accurate base supply account closures, the Air Force can
    efficiently allocate resources, adapt to changing operational needs, and maintain its technological
    edge,” Canter emphasized. “Effective end-of-year processes support ongoing campaigning and
    foster enduring advantages across the defense ecosystem. Accurate financial accounting helps us
    allocate resources effectively, contributing to the development and deployment of advanced
    technologies necessary to stay ahead of Great Power Competition adversaries, particularly in the
    Indo-Pacific region.”

    Overall, the end-of-year process plays a crucial role in supporting campaigning, building long-
    term defense advantages, and enhancing mission readiness.

    “Through the combined efforts of the General Support Division and Internal Controls Flight
    teams, we can optimize resource use, improve supply chain operations, and sustain our
    technological superiority,” Canter concluded.

    NEWS INFO

    Date Taken: 09.25.2024
    Date Posted: 09.25.2024 14:58
    Story ID: 481761
    Location: SCOTT AIR FORCE BASE, ILLINOIS, US

    Web Views: 18
    Downloads: 0

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