What is considered a key principle of asset management in the Air Force?

Accurate inventory control and tracking is a key principle of asset management in the Air Force because maintaining precise records of assets ensures that equipment is available when needed and in the condition required for mission success. Effective inventory management directly impacts operational readiness and resource allocation, enabling the Air Force to efficiently administer its assets throughout their lifecycle. By keeping an accurate count of equipment and supplies, the organization can prevent shortages or surpluses, optimize maintenance schedules, and ensure timely replacements or upgrades. This principle also aids in compliance with regulations and supports accountability in managing taxpayer resources, aligning with broader defense strategies and objectives.