Applying Commercial Procedures and Technology to the United States Navy's Material Inventory Validity

Abstract

In light of the Department of the Navy's increasingly dynamic operating environment, it does not have sufficient record keeping, processes, or controls in place for the management of physical assets, and this has a negative impact on our readiness in multiple theaters. There are many logistics organizations that excel at warehousing, managing a supply chain, and transportation, and the Navy can learn from these organizations' processes and culture in order to improve their audit readiness. This study will analyze high-profile logistics organizations to identify the processes and technological tools that enable real-time audit such as Radio Frequency Identification (RFID), and it will include a Cost-Benefit Analysis to determine which technological tools are feasible for acquisition.