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In this mythical example, you are the Director of Logistics for a consumer products company. Your external auditors found a major discrepancy in your inventory

In this mythical example, you are the Director of Logistics for a consumer products company. Your external auditors found a major discrepancy in your inventory records relating the system to the physical count, demonstrating a significant discrepancy of over $10 million that is material to the company's financial statement and must be reported to the company's Audit Committee, CEO, Board of Directors and shareholders. Because you are responsible for this operation, you need to put together a plan for how to address the weaknesses in the company's approach to people, process, and technologies that led to this problem.

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