By Rick Childs and Anthony Redondo, Protiviti
Recent economic changes have led many retailers to implement a store compliance process to monitor and identify issues and resulting remediation properly. Whether the goal is to reduce shrink or to ensure adherence with regulations, a rigorous store-level compliance process is essential for protecting and substantiating company assets. This article evaluates two options available to help protect and substantiate these assets: traditional store audits and store self-assessments.