What is an effective method to control theft in a business setting?

Keeping inventory levels low can be an effective method to control theft in a business setting because it reduces the quantity of items at risk of being stolen. By having less inventory on hand, there are fewer products that can potentially be taken without being accounted for. This approach can simplify inventory management and increase the chances of quickly detecting discrepancies.

Moreover, with a smaller stock, employees or customers may be less able to conceal theft, making it easier for business owners to monitor what is available. It also allows for better attention to be given to the inventory that is present, enabling quicker inventory audits and more meticulous oversight.

This strategy can work well in tandem with other methods, such as implementing robust controls on inventory management and monitoring access to sensitive stock, but the key principle here is that lower inventory levels naturally mitigate the opportunities for theft.