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.
Reverse Auctions are a good way to reduce cost and enlarge the vendor universe. You need to take some precaution to safeguard the process. #internalaudit #internalaudit #audit #governance #fraud #compliance #internalcontrol #thirdpartyriskmanagement #lessonslearned #transparency #risk #cae #tools4governance #lessons
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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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In #ReTechCo2019, one issue had been repeatedly raised by industry veterans. How to ensure that your stores have right kind of SKU as per the regional taste? Goto any kirana stores or any mom & pop stores, you will find items which you generally like. In fact they will also find items which you know […]
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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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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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