Evaluating Naval Air Warfare Center Aircraft Division (NAWCAD) Financial Management Practices in Preparation for Implementing ERP PDF Download
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Author: Robert E. Louzek
Publisher:
ISBN: 9781423537427
Category :
Languages : en
Pages : 106
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Book Description
This thesis examines the current financial management processes in place at Naval Air Warfare Center Aircraft Division (NAWCAD) and the impact an implementation of an Enterprise Resource Planning (ERP) system would have on these processes. The Department of the Navy is committed to bringing current best business practices within its organizational structure in order to meet reduced budget guidelines. NAWCAD has embraced the best practices principle by changing their structure to a Competency Aligned Organization (CAO). Currently, an ERP implementation is under consideration as another means to applying a current business practice that will make NAWCAD a more efficient and effective organization. The objective of this thesis was to evaluate the financial management processes and how ERP would affect them. Research on ERP definition and implementation in the private and public sector was conducted. Interviews with NAWCAD financial management managers and analysts were used to compare and contrast the current processes in place with those processes that would be developed as the result of implementing ERP. This thesis is part one of a two- part study. Part one provides the necessary background for a follow-up study that will examine the financial management system used by NAWCAD after ERP is implemented.
Author: Robert E. Louzek
Publisher:
ISBN: 9781423537427
Category :
Languages : en
Pages : 106
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Book Description
This thesis examines the current financial management processes in place at Naval Air Warfare Center Aircraft Division (NAWCAD) and the impact an implementation of an Enterprise Resource Planning (ERP) system would have on these processes. The Department of the Navy is committed to bringing current best business practices within its organizational structure in order to meet reduced budget guidelines. NAWCAD has embraced the best practices principle by changing their structure to a Competency Aligned Organization (CAO). Currently, an ERP implementation is under consideration as another means to applying a current business practice that will make NAWCAD a more efficient and effective organization. The objective of this thesis was to evaluate the financial management processes and how ERP would affect them. Research on ERP definition and implementation in the private and public sector was conducted. Interviews with NAWCAD financial management managers and analysts were used to compare and contrast the current processes in place with those processes that would be developed as the result of implementing ERP. This thesis is part one of a two- part study. Part one provides the necessary background for a follow-up study that will examine the financial management system used by NAWCAD after ERP is implemented.
Author: United States. Office of the Chief of Naval Operations
Publisher:
ISBN:
Category : Aeronautics, Military
Languages : en
Pages : 828
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Book Description
Author: Steven H. Schulte
Publisher:
ISBN: 9781423544456
Category :
Languages : en
Pages : 83
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Book Description
This thesis was developed in response to Naval Air Warfare Aircraft Division (NAWCAD) management's desire to explore alternative overhead allocation practices in order to better understand their organization's cost relationships and more equitably charge their customers. The Defense Reform initiative challenges Department of Defense organizations to adopt those business practices that American industry has successfully used to become leaner and more flexible. The objective of this thesis was to evaluate the overhead allocation practices of five private sector organizations for the potential improvement of overhead allocation practices in Navy Working Capital Fund activities. Interviews with private sector managers were used to develop a process schematic that represents the common overhead allocation practices in the private sector organizations. The process schematic was then used to compare and contrast the overhead allocation practices in the private sector with the allocation practices currently used in NWCF activities. Finally, the allocation schematic was used to describe an overhead allocation method for NAWCAD based on private sector practice. This study found that a proposal by NAWCAD managers to reform their overhead allocation method should result in more equitable customer billing. Potential exists to improve Navy allocation practices by moving even closer to private sector practice.
Author:
Publisher:
ISBN:
Category : Government purchasing
Languages : en
Pages : 1828
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Book Description
Author: Liza A. Rosa
Publisher:
ISBN: 9781423508403
Category :
Languages : en
Pages : 103
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Book Description
This thesis reviewed and evaluated the ERP Solution System currently in the Integration Testing Phase at NAVAIR and examined the benefits and cost that NPS could leverage by purchasing the system for approximately $2.7M for 200 users or $3.1M for 500 users, This thesis looked at the capabilities of the current NAVAIR SIGMA ERP Solution System, in terms of money and level of expertise The research also looked at the alternatives and options to enable NPS to close the gaps to fit its current needs, RADM David Ellison, Superintendent, wanted to explore the possibility of joining NAVAIR's ERP Solution System, currently under the Integration Testing Phase, as he believed it was an opportunity for NPS to leverage on this technology, As seen by senior management, the partnership with NAVAIR could benefit NPS, by acquiring and implementing an ERP at a traction of the cost normally associated with this type of purchase, An additional benefit would be reducing the time associated with implementing an ERP System, normally between 3 and 5 years, to 11 months Management also saw the advantage of benefiting from NAVAIR lessons learned, partnering with an activity that was familiar with ERP in a Navy setting, and conducting joint training It was determined by the research that by purchasing an ERP system, NPS in the long run, would realize savings by reduced labor cost, decreased funds spent on NPS homegrown system and access real time reports which would eliminate account balances discrepancies,
Author: U. S. Military
Publisher: Independently Published
ISBN: 9781718040182
Category :
Languages : en
Pages : 80
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Book Description
This research looks at the financial transactions that occurred within United States Naval Air Systems Command (NAVAIR) between fiscal years 2012-2016. It analyzes over 180 thousand transactions with a total value in excess of 146 billion dollars. NAVAIR uses the Navy Enterprise Resource Planning (ERP) system to process its financial transactions and, since its implementation, there has been an increase in the overall number of transactions. As a result, there is an effort underway to reduce the number of transactions. This research provides insights into NAVAIR business practices, develops a metric with which to gauge efficiency and benchmark performance, and provides a few simple linear regression equations to determine adherence to the newly established benchmarks. We conclude that 55% of NAVAIR financial transactions are intergovernmental and that they are responsible for 80% of all transactions requiring amendments. We were also able to determine that the number of line items on a purchase request grows by 39% for intergovernmental transactions when requiring amendments. These findings indicate that intergovernmental transactions are easy to amend. Therefore, we recommend placing more purchase request line items on a single purchase request and working to reduce the number of intergovernmental transactions requiring amendments. I. INTRODUCTION * A. BACKGROUND * B. PURPOSE AND EXPECTED BENEFITS FROM RESEARCH * C. RESEARCH QUESTIONS * 1. Primary Question * 2. Secondary Questions * D. SCOPE AND LIMITATION * E. FINDINGS * F. ORGANIZATION * II. LITERATURE REVIEW * A. NAVAL AIR SYSTEMS COMMAND * B. NAVY ENTERPRISE RESOURCE PLANNING * C. OVERVIEW OF BUDGET EXECUTION IN THE DEPARTMENT OF DEFENSE * 1. Investment vs. Expenditure Accounts * 2. Types of Funding Transactions * D. NAVAIR FUNDING DOCUMENT PROCESS OVERVIEW * 1. ZSPS * 2. ZFD * E. SUMMARY * III. METHODOLOGY * A. INTRODUCTION * B. DATA COLLECTION PHASE * C. DATA ANALYSIS PHASE * D. DATA ANALYSIS APPLICATION PHASE * IV. ANALYSIS OF NAVAIR FUNDING DOCUMENTS * A. BEHAVIORAL CHARACTERISTICS OF NAVAIR PRS * 1. Data Analysis * 2. Data Analysis Application * B. METRIC AND BENCHMARK DEVELOPMENT * 1. Data Analysis * 2. Data Analysis Application * C. SIMPLE LINEAR REGRESSION ANALYSIS * 1. Data Analysis * 2. Data Analysis Application * V. CONCLUSIONS, RECOMMENDATIONS, AND AREAS FOR FURTHER RESEARCH * A. CONCLUSIONS * B. RECOMMENDATIONS * C. AREAS FOR FURTHER RESEARCH
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 24
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Book Description
Author: United States. Navy Department. Office of the Assistant Secretary (Financial Management and Comptroller)
Publisher:
ISBN:
Category :
Languages : en
Pages : 504
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Book Description
Author: Christopher M. Sacco
Publisher:
ISBN:
Category : Leadership
Languages : en
Pages : 185
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Book Description
NAVAIR is currently realigning its Aviation Maintenance infrastructure to fall under the overarching umbrella of the newly minted Naval Aviation Enterprise (NAE). This realignment will call for a new enterprise-wide strategy and structure. Hierarchies and relationships are being redefined throughout the enterprise resulting in entirely new organizational structures functionally equivalent to industry2s small business units. This realignment will result in the elimination of Intermediate level maintenance as it exists today and presents a myriad of challenges to the Fleet in the terms of achieving business efficiencies and employee relationship management. This MBA Project evaluates, by survey, how effectively the U.S. Navy and Marine Corps have managed the change effort as they continue to realign their Intermediate and Depot level units under the new FRC construct.
Author: Matthew D. Culbertson
Publisher:
ISBN:
Category :
Languages : en
Pages : 81
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Book Description
This thesis provides a review and evaluation of the Navy's implementation of the Federal Manager's Financial Integrity Act. Topics considered include: internal control in the Federal Government; overview of the internal control evaluation system; the Department of the Navy's internal control program including Navy implementation problems; and Navy solutions and shortcomings to the implementation problems. The research consisted of interviews with Naval activities on implementation problems and solutions and a review of relevant General Accounting Office audits and other relevant instructions and studies. The conclusion was reached that the Navy has made fair progress in implementing the Act but further action is required. Recommended actions include increasing Navy efforts to incorporate the internal control process into the overall management process, reducing the paperwork burden and gaining line manager support of the process in order to evolve the Navy's system into a more effective program. Keywords: thesis, financial management; management planning and control; fraud, waste and abuse.
