The Navy Working Capital Fund and Operational Resource Management Decisions: A Case Study Analysis : National Academy of Public Administration , October , 2024
The Navy Working Capital Fund and Operational Resource Management Decisions: A Case Study Analysis : National Academy of Public Administration , October , 2024
From the report: “The Navy Working Capital Fund (NWCF) is a critical funding channel for many naval requirements. Congress established working capital funds for every military department and the Department of Defense to better control and account for the costs of commercial-like programs and work. The NWCF facilitates funding of Department of Navy (DON) supply management activities, such as procuring and reselling supplies. It also supports nonsupply management activities, including the provision of industrial and commercial goods and services.
The Assistant Secretary of the Navy (Financial Management and Comptroller) (ASN (FM&C)) contracted with the Academy to evaluate how operational resource management decisions impact the NWCF and identify strategies for improving decision-making processes, protecting the fund's integrity, and supporting DON’s operational missions. This report examines the effects of three specific programmatic, budgetary, and acquisition choices on the NWCF and assesses whether program and budget decision-makers considered the potential impacts on the NWCF when making those choices. This report by a Panel of Academy Fellows provides actionable recommendations to DON that, when implemented as an integrated whole, will further support and protect the viability of the NWCF and the essential activities funded by it.
As a congressionally chartered, independent, nonpartisan, and nonprofit organization with nearly one thousand distinguished Fellows, the Academy has a unique ability to bring nationally recognized public administration experts together to help government agencies address their most pressing management challenges. We are grateful for the constructive engagement of many DOD and DON staff who provided important observations and context to inform this report. We also thank the subject matter experts who contributed to this research. I am deeply appreciative of the work of the six Academy Fellows who served on this Panel and commend the Study Team that contributed valuable insights and expertise throughout the project.”
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