Estimating the Benefits of the Air Force Purchasing and Supply Chain Management Initiative

one Tool The Air Force Is Using To Improve Its Logistical Support To The Warfighter Is Purchasing And Supply-chain Management (pscm). Is Pscm Doing What It Was Intended To Do? If So, How Well? Are Other Factors Influencing Its Intended Outcomes? The Authors Have Developed An Econometric Model That Helps Examine All These Things. While Data Availability And Quality Can Be A Challenge, The Model May Also Be Useful In Other Contexts. One of the tools the Air Force is using to improve its logistical support to the warfighter is purchasing and supply-chain management (PSCM). But other factors likely were changing at about the same time, which might influence the relationship of the PSCM initiative to the supply chain's ability to support the warfighter. To evaluate whether PSCM is doing what it is intended to do, and how well, it is necessary to control for these other factors that may be influencing its outcomes. The authors have taken a step in that direction by developing an econometric model that isolates certain identifiable factors and holds them constant as a means of separating their effects from PSCM. They illustrate their model by analyzing the relationship between PSCM and Mission Capable (MICAP) incidents. The authors considered several different factors but found data availability and quality to be a challenge. However, the model may be useful both with other factors and for estimating the benefits of other initiatives To help the Air Force assess the effectiveness of its purchasing and supply-chain management initiative, the authors have developed an econometric model to help isolate the effects of this initiative from those of other possible influences.