March 16, 2015 – TUCSON, ARIZ. – Food Marketing Institute (FMI) today offers new data points specific to the internal auditing function at supermarket companies. The Food Retailing and Wholesaling Internal Audit Study 2016, revealed at FMI’s annual Internal Auditing Conference, is designed for and by internal auditing professionals in the grocery industry.

Published by Food Marketing Institute, produced by 2010 Analytics, and made financially possibly by RGIS, the analysis captures survey data among 35 participating supermarket companies that represent 26,260 stores, more than $804 billion in retail sales and 868 internal audit professionals. The questionnaire was developed in collaboration with FMI committee members and focuses on gaining insight into productivity measures, such as time allocated by types of audits and areas; assessing the department’s success, efficiency and effectiveness; technology usage; planning; and outsourcing.