How often must the BIM perform a physical inventory of Navy boats, according to SECNAVINST 7320.10 Series?

In accordance with SECNAVINST 7320.10 Series, the BIM (Boat Inventory Manager) is required to perform a physical inventory of Navy boats every three years. This requirement ensures that accurate records are maintained regarding the condition and availability of the vessels within the Navy fleet. Conducting physical inventories helps verify the presence, status, and location of each boat, which is essential for effective asset management and operational readiness. By adhering to this three-year interval, the Navy can ensure compliance with inventory regulations while also identifying any discrepancies or issues that may need to be addressed. Keeping the inventory updated and accurate enhances accountability and supports effective decision-making concerning boat maintenance and deployment.