Controls
blogger
In the context of business and business analytics , controls refer to the processes and mechanisms established to ensure that an organization?s operations are efficient, effective, and aligned with its strategic goals. Within the realm of supply chain analytics, controls play a crucial role in managing the flow of goods, information, and finances across the supply chain. This article explores the various types of controls, their significance, and best practices in supply chain analytics. Types of Controls Controls can be categorized into several types based on their function and application: Preventive Controls : These are designed to prevent errors or irregularities before they occur. Examples include: Standard Operating Procedures (SOPs) Training and development programs Access controls and authorizations Detective Controls : These controls identify and detect errors or irregulari...
