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 at-least once in...
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 information would be...
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 the first of...
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. LP (Loss Prevention)...
