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For acquisition of goods, budget is allocated and supply management plan is prepared. Contract is established in accordance with the plan, and the contracted good is received after inspection and registered as a government owned property.

For most part, purchasing is the primary means of acquisition. However, it can also conducted by donation, processing and manufacturing as well as transferring the right of use and management responsibility as in cases of use transfer, management transfer, expropriation, etc.

Inventory officer storages the properties under his responsibility at such government facilities as warehouses and storage yards. Inventory officer may use non-government facilities for the storage of exceptionally heavy or large properties, or for other reasons as the circumstances may require.

Goods must be stored by types for easy management and dispatch, and the storage must be managed in such a way that the goods maintain their use value.

The purpose of acquisition is to actively use the acquired goods to raise administrative efficiency. At the site of use, the management of goods is under the responsibility of property operation officer and the officer who uses the goods.

Equipments should be kept in functional condition and managed efficiently as to minimize the management cost. Efficient use should also be achieved through shared use and proper maintenance.

When a property in use or storage becomes no longer needed or become unusable, the head of the institution makes the decision for disuse. For disused items, a survey is conducted to determine whether the item can be utilized at other institutions. Depending on the result, the item is transferred, sold, recycled, disassembled, or disposed and the management for the item is closed.

Inventory inspection verifies the number and condition of government owned goods for the year-end closure of bookkeeping, and inspects the management status. Annual Inventory Inspection verifies the inventory as of the last day of each year, and the head of each institution must submit the inventory inspection report to PPS Administrator by February 20.

Inventory Inspection is conducted under property management officer's responsibility, and the inspection crew should be composed of officers who are not directly involved in government goods management tasks.

RFID(Radio Frequency Identification)-based government property management systems has been put in place since its initial system development in 2004. As of 2018, RFID technology is currently applied to the entire government properties for efficient management.

In RFID system, each individual item is electronically tagged for identification. The tags can be identified using an RFID reader, and any processes that the item undergoes are automatically recorded in the management system.

By using RFID, each item can be tagged and traced from the point of manufacture. It allows an electronic lifecycle management of government goods from acquisition to disposal, and automatic processing of inventory inspection and disposal of disused items. Also it enables a real-time tracking of various management information.