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At a price tag of almost $50 billion per year,[1] retail industry losses due to inventory shrinkage are significant. Measuring inventory shrink is a must because it directly impacts gross profit and businesses cannot improve on what they cannot or do not measure — and inventory is no different.
Measuring shrink is challenging, particularly if inventory processes lack transparency or the…
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In many organisations the procurement function is thought of purely as an administrative function and cost center, but addressing opportunities in this area offers a chance to add significant value to the organisation. Investment and focus on the procurement function can enhance business outcomes, improve the bottom line and help manage risk, especially during periods of rising inflation and…
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Protiviti helped our client select and implement a lifecycle management system including PMO activities, process design contract and business requirements documentation, legacy contract data extraction, super user training and UAT.
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Many institutions in the public sector are faced with improving the efficiency and responsiveness of their services and operations to better serve stakeholders and the public. High turnover and lengthy recruiting cycles are creating both a loss of tribal knowledge and an influx of inexperienced resources, leading to significant delays in day-to-day operations.Our client, a state procurement group…
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Explore how CFOs prioritise cost optimisation in financial strategies for enhanced revenue and resilience, according to our survey.
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Discover how TMT Finance Priorities are shifting towards AI, cost optimisation, and robust data security in the digital age.
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This U.S.-based client, a subsidiary of a global water treatment company, offers water-as-a-service solutions to over half of the Fortune 500 companies across North America.
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Protiviti partnered with clients to implement best-of-breed digital solutions to automate financial close processes, along with process improvements and data governance and controls solutions to resolve the issues. Change management to support accounting teams in adopting the new processes was also a key deliverable.
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Today’s unprecedented pace of disruptive innovation in the market and conflicting demands of multiple stakeholders are creating relentless pressure on the CEO. Is the board contributing to the CEO’s performance and ability to function?
So, what should board members do to fulfill their responsibilities to shareholders as they assist the CEO in facing the business realities of today — and tomorrow…
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In this podcast, Kevin Donahue, senior director with Protiviti speaking with Mark Beasley, professor and Director of the Erm Initiative at NC State University, along with Jim DeLoach, Managing Director with Protiviti, about some key findings and themes that emerged from the results.
