ABM White Papers
Tackling the Problem of Counterfeiting with IT
The manufacture, smuggling and sale of counterfeit goods is a growing problem for society and industry. The total global economic value of counterfeited products is estimated at $650 billion and is expected to rise to $960 billion by 2015 (Frontier Economics, 2011).
Drawing on a wide range of research reports and publications, this whitepaper looks at the scale and consequences of the global counterfeiting problem. It then considers the specific issues faced by a number of key sectors including pharmaceuticals, food and drink, tobacco, electrical products, chemicals and designer goods.
The whitepaper concludes by discussing how the power of Information Technology (IT) can be harnessed to improve the efficiency and efficacy of organisations’ anti-counterfeiting operations.
The Tools of Retail Crime Reduction – How IT Supports the Process
Retail crime is a continuing problem for retailers and, in a climate where sales revenues are under growing pressure, it presents an increasingly unacceptable cost.
The British Retail Consortium’s Retail Crime Survey 2010 revealed that the annual cost of retail crime was valued by UK retailers at 1.28 percent of sales, or £1.1 billion in 2009/10. The Global Retail Theft Barometer 2010 found worldwide shrinkage to be worth $107.3bn (USD), equating to $186 (USD) per family. Such costs should not be ignored. Any small reduction in retail crime has the potential to make significant savings.
Retail crime covers a number of undesirable activities, falling broadly into the following three categories:
• External theft (by members of the public)
• Internal theft (by employees)
• Crime against employees (e.g. abuse or violence)
ABM Investigation Survey 2010
Half of the businesses surveyed in the ABM Investigation Survey 2010 reported an increase in theft and fraud since 2008, yet the availability of personnel and budgets to investigate and reduce incidents has fallen or remained unchanged.
Investigation teams are under greater pressure than ever to deliver bottom-line results, but can investigation teams be effective when resources are put under pressure? Although 43% of businesses believe that their ability to investigate crime has improved over the last two years, there is a clear need to identify new ways of working, including the better use of investigation technology.