Tracking the Logistics of a $400K Lobster Heist

In early December of last year, two thefts took place in Taunton, Massachusetts, that involved two usually wonderful things: lobster and logistics.  The stolen property was valued at $400,000: approximately $250,000 worth of lobster and $150,000 in crabmeat. Both thefts took place at the same warehouse. The crimes were a massive hit to all of the businesses involved at one of the most critical times of the year. Unfortunately, this kind of fraud-based theft is all too common. Even more unfortunately, the opportunity to steal this property was created by security lapses in the supply chain. Significant effort went into tricking the warehouse to hand over the seafood, but it worked. In this episode of the Art of Supply podcast, Kelly Barner covers: The theft: who, what, where, and when How common this form of theft is, and the multi-agency law enforcement effort that is being mounted in response All of the forms of cost associated with 'fictitious pickups' Links: Kelly Barner on LinkedIn Art of Supply LinkedIn newsletter  Art of Supply on AOP Subscribe to This Week in Procurement