Spotting inventory frauds – Guide for Auditors

The most reliable way to validate inventory quantity is to count it in its entirety. Many auditors make sure that the inventory is counted...

The Walmart Story – Exposing lacunae in retail policies

In my last article, Read: Flipkart being investigated for FDI Violation I covered the way Flipkart could be flouting the FDI norms. This piece of...

Flipkart being investigated for FDI Violations

FCPA investigations by Walmart was a major news for most of the media companies and also for the opposition party of India. Walmart being...

Challenges : Retail Loss Prevention Teams

All the retailers across the globe are  concerned about high level of malicious shrinkage at their stores/warehouses/supply chain which eat into their top lines....