Allied Inventory

Businesses Find in Tight Economy, Biggest Threat Comes From Within

Published in Medical Verdicts and Law Weekly, January 1st, 2009

Employee fraud and lax inventory controls, not decreased sales, could be the biggest threat to businesses in today's economy. A new survey, by the Institute for Corporate Productivity, of 392 companies of varying size and industries finds that 31 percent of employers state that internal crime, including theft and fraud, has risen as employees are pinched by the recession.

Employers are focused on ways to increase sales in the front of the house, while adding security and inventory audit controls to the back of the house.

"In today's tough economic climate, more businesses need to look to itemize their assets, increasing the likelihood of detecting...

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Source: Medical Verdicts and Law Weekly (2009-01-01)

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