Holistic Risk Management for Retailers
In today’s complex retail landscape, there’s no shortage of regulators and critics to highlight the retailer’s shortfalls. Retailers’ doors are open to the general public, with millions of employees tasked to act as ambassadors of the retailer. It’s no wonder that at times, things don’t go the way a retailer planned.
When things go wrong, the risk is loss of merchandise, cash, profit, people, reputation, legal issues and/or loss of overall value to the brand. Allowing malfeasance to continue places your organization in a compromising position that can attract further legal action both civilly and criminally. That’s why the reports are so valuable.
WhistleBlower Security services all retail sub-sectors, including:
The impact due to regulatory violations can be devastating, both to the pharmacy’s brand, reputation and financial sustainability. In addition, the risk of drug theft and self-prescribed medication by pharmacists has made ethics and compliance reporting and case management a critical component of a Retail Pharmacy’s risk management strategy. Is your organization fully protected?
Retail Grocers are challenged by increasing regulatory requirements that have created greater risk exposure. Food safety oversight is a critical component to mitigate risk and protect a grocer’s reputation and bottom line. As a result, Grocers must proactively manage and mitigate risk organically, rather than wait for Regulators to find issues.