• Not sure whether that's a realistic comment laner.

    Many companies do not have basic asset management.

    Let alone asset management so advanced that every prototype is tracked and logged.

    Let alone tracking so advanced that an absence of an item is immediately recognised and then acted upon.

    The vast majority of companies seldom do a stock-check of their assets. When was the last time you worked somewhere that someone walked around and checked whether every item you'd ever touched was accountable?

    Whether or not such systems were in place, and whether or not the items were noticed to be missing at the time, all of that is absolutely irrelevant given that the ownership of the items in question was never transferred from Rapha to any other party.

    Nothing else needs to exist except for that... if Rapha haven't transferred the ownership of an item (by some sale, transaction or agreement), then the items belong to Rapha and no-one else can just sell them.

    Most companies carry out an inventory of ALL stock every year as part of their annual audit, but the vast majority of companies I've worked for do this every six months.

    The last company I worked for actually carried this out every quarter.

    Efficient operations will have a dedicated member of staff (and depending on the size of the operation, a dedicated team) who perform counts on a daily/weekly/monthly basis, therefore ensuring minimal losses for the company. If Rapha had such foresight, then this situation may well have been spotted earlier.

    Also, who in their right mind gives access to samples/prototypes to minions?

    Rapha need to sort themselves out with a someone dedicated to inventory control - I can guarantee that these pieces would never have left Rapha HQ.

    If they're interested I know just the man who can do it. He's worked in Loss Prevention, Asset Management as well as Inventory Control.

    It's not me, but I've done all of the above for nearly twenty years...

About