• Secure raw materials, semi-finished goods and finished goods in walled, fenced or locked areas on your premises.
• Limit and control your employees’ access to storage areas, and consider implementing a key management program.
• Inspect merchandise and goods thoroughly when they are received as shipments.
• Ensure that there is more than one employee inspecting outgoing and incoming shipments.
• Conduct periodic inventory counts, and compare that information to your records.
• Implement a concrete strategy for handling returned merchandise.
• Establish a line of authority at your organization, and ensure that everyone is acting responsibly.
• Separate your accounting and operating functions.
• Create a “paper trail” for each transaction.
• Screen new employees to weed out applicants that are potential liabilities.
• Continually train employees concerning how to detect theft and encourage honest behavior at your organization.
• Make sure that the enforcement of rules in consistent and constant.
• Do not tolerate employee theft on your premises, and consider prosecuting offenders.
• Require mandatory vacations for personnel handling payments.
