Unique item identification and valuation is a system of marking and valuing items delivered to DoD that will enhance logistics, contracting, and financial business transactions supporting the United States and coalition troops. Through unique item identification policy, which capitalizes on leading practices and embraces open standards, DoD can-
(a) Achieve lower life-cycle cost of item management and improve life-cycle property management;
(b) Improve operational readiness;
(c) Provide reliable accountability of property and asset visibility throughout the life cycle; and
(d) Reduce the burden on the workforce through increased productivity and efficiency.