Is there fraud in your supply chain?     If so, how would you know?

	Helpful Technologies     In order to reduce supply chain fraud, you have to be able to detect it.  The success to any fraud prevention program is the perception of detection: the more a person believes they will be caught doing something wrong, the less likely they are to commit a wrongful act in the first place.   But perception can only go so far; you need to actually show that there are mechanisms in place to catch fraud.   Detection of supply chain fraud relies on the ability to cross-check and validate distinct pieces of information.  Moving from a paper-based operation a paperless one enables a company to more easily and successfully detect fraud via the use of technology.   Helpful technologies include:   Auto-ID:  This includes barcode scanning, radio frequency identification, and other types of technologies that capture data electronically instead of manually.   Electronic Data Interchange:  EDI and other forms of eB2B, eB2C, etc. are used to replace paper business documents with format-standard electronic documents.   An Enterprise Resource Planning (ERP) system with an integrated Accounting system becomes the data repository for the key pieces of information and the associated business transaction.   Analytic Software:  Whether home-grown programs or third-party applications, there must be some software that can compare different pieces of information to determine if fraud exists.	The failure to securely implement necessary and appropriate technologies can leave data gaps and a company exposed to fraud.
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