IPM's new website premiers this month. IPM selected leading design firm
Applied Computer Technolgoy Corporation
to develop an improved user experience for IPM's Clients and Consultants. More features and enhancements
are still to come so check back with us often.
RFID/Asset and Supply Chain Management Team formed by IPM
in first quarter of 2006; business unit designed to assist clients with newest regulations
and trends in inventory and asset tracking.
The emerging requirement of several giant retailers, such as Wal-Mart, that vendors
be RFID compliant, along with related asset management surrounding Sarbanes-Oxley regulations,
led IPM to expand their business units to include a team of highly skilled auditors and supply
chain experts.
IPM looked to its successful long-term business model of recruiting, assembling and
managing expert consultants and formed a business unit to support teams of RFID and Asset
Management experts to work with supply chain issues and implementations.
IPM now has an expert team with a wide variety of experiences and backgrounds. Because
of their skill level, the team can everything from turn-key solutions to blue-printing, trouble
shooting and temporary supplemental staffing of on-going projects.
Capitalizing on our long-term relationship with many Fortune
500 companies as well as the legal expertise of it's management team, IPM has developed a
high quality Sarbanes-Oxley business unit providing consultant for implementation projects
around the world.
In response to the many corporate auditing scandals, Congress passes the Sarbanes-Oxley
Act. The Act, among many other things, requires a seven-year retention period for financial
records in publicly traded companies. Sarbanes-Oxley now places criminal penalties on
companies and their executive teams when record management systems are not in compliance
with the seven-year timeframe and when records cannot be accounted for or attained. In
response, many companies have found it extremely cost effective to bring in experts to
audit their asset management practices and develop plans to bring the company up to
compliance with the new regulations.
IPM is able to help a company meet compliance standards by providing a full
team of consultants or a single team member, from a project lead to documenters, testers,
and internal auditors to develop and execute a process to bring the company into full
compliance with the new laws.
