Shipping Theft: Challenge and Response
More than 63 times each month — twice a day — someone in the U.S. reports their inventory stolen
Specific commodities, including pharmaceuticals, electronics, and jewelry, are often targeted while in transit or wherever they can be found in large quantities.
“It’s a known fact that high-value shipments are targeted well in advance by organized theft rings,” says Thomas Neumann, security manager at UPS Capital. “They typically have a buyer in place to fence the stolen merchandise, which makes recovery even more difficult.”
The Challenge: Manage Supply Chain Risk While Growing Your Business
Businesses must protect their vulnerable high-value products all along the supply chain, even when the products are sitting “securely” inside a warehouse. Unfortunately, too many businesses take these risks for granted, rather than take advantage of the solutions available to them.
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