Risk and Control: Ideas for a better tomorrow
A contrarian view on Risk and Control to make tinkle curiosity leading to creative and critical thinking.
Many Auditors find it important to plan to acquire skills in using Artificial Intelligence in Internal Audit and Auditing Artificial Intelligence. Institute of Internal Auditors have come out with a useful publication called “Artificial Intelligence, Internal Audit’s Role, and Introducing a New Framework” 2017. It is a three-part publication. You can refer it here: This […]
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Footfall Tracker or footfall counter or people counter is basically a device used to count the footfall (people) within a given area. This area can be as simple as area near door to count the people coming in and going out to as complex as tracking people at various shelf in a shop. Footfall tracker […]
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Loyalty programs are the in thing and almost every organised retailer and large number of service providers runs the program. The intention behind running this program is to provide reasons (being discount, future benefits, exclusivity, part of a fraternity, community, etc) to customer to shop again and again. Besides the usual operational uncertainty regarding .. […]
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A researcher had created an app for personality testing, number of people downloaded, due to facebook’s policy at that point of time, researcher was able to download people’s friend data also. It is alleged that based on data collected, people’s psychological profile is created. Using this data people opinion is changed, shifted. What is profiling? […]
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RPA is an advancement which will make everything automated.
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Robotic Process Automation can offers a business competitive edge which can enable to move miles ahead of competition. One of the challenge for a retail operation is to ensuring that replenishment of merchandising. How to ensure that stores are adequately stocked? i.e. no Under stocking, no Over stocking, Right stocking. This is done by merchandising […]
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