Section 1 Short title
This Act may be cited as the “Supply Chain Fluctuation Forecasting Act”.
Supply Chain Fluctuation Forecasting Act
A BILL
To require the Secretary of Defense to reduce the fluctuations of supply and demand for certain covered items, and for other purposes.
Sec. 2 Reduction of fluctuations of supply and demand for certain covered items
Supply and demand requirements— Not later than one year after the date of the enactment of this Act, the Secretary of Defense shall—
specify methods and processes to track and reduce fluctuations in supply chain forecasting and demand requirements of the Office of the Secretary of Defense, each military department (as defined in section 101 of title 10, United States Code), and the Defense Logistics Agency for covered items; and
implement policies to encourage predictable demand requirements for covered items for the Office of the Secretary of Defense, each military department, and the Defense Logistics Agency.
Report— Not later than 15 months after the date of the enactment of this Act, and quarterly thereafter, each Secretary of a military department and the Director of the Defense Logistics Agency shall submit to the Under Secretary of Defense for Acquisition and Sustainment a report on the fluctuations in supply chain forecasting and demand requirements for each covered item, expressed as a percentage.
Covered item defined— In this section, the term covered item means a covered item described in subparagraph (B), (C), or (E) of subsection (b)(1) or subsection (b)(2) of section 2533a of title 10, United States Code.