“Pilferage” refers to the act of stealing cargo from containers, warehouses, or terminals during the transportation and storage process. It is a form of theft that involves the unauthorized removal of goods or materials with the intention of retaining them unlawfully. Pilferage can occur due to various factors such as inadequate security measures, lack of surveillance, or collusion among personnel. This illicit activity poses significant challenges to supply chain integrity and can result in financial losses for businesses. To combat pilferage, companies employ measures like enhanced security systems, strict access controls, and surveillance technologies. Implementing comprehensive inventory management practices and conducting regular audits also play a vital role in deterring and identifying instances of pilferage, ensuring the safety and security of valuable cargo.

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