The Role of Audit Scheduling in Loss Prevention and Compliance
This article will explore the importance of audit scheduling, best practices for creating a structured audit plan, and how businesses can leverage technology to improve the process. Why Audit Scheduling Is Critical for Businesses Audits help businesses identify risks,...
Protecting Goods in Transit: A Practical Approach to Supply Chain Security
Understanding the Risks in Supply Chain Security Supply chains involve many moving parts, from manufacturers and warehouses to transportation providers and retail outlets. Each step introduces risks, whether it’s cargo theft at a distribution center, tampered...
Swell Allowance: What Retailers Need to Know
What Is a Swell Allowance? A swell allowance is a pre-negotiated percentage of a retailer’s purchase agreement with a supplier that accounts for unsellable products. This can include items that are damaged during shipping, products that expire before they’re...
Exception-Based Reporting in Restaurants: A Tool for Loss Prevention
What Is Exception-Based Reporting in Restaurants? Exception-based reporting is a method of analyzing data to identify irregularities or exceptions that fall outside of normal operational patterns. Rather than sifting through every transaction or inventory record, EBR...