Is there fraud in your supply chain?     If so, how would you know?
 
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Supply Chain Fraud Repercussions
 
 
If you're not budgeting for fraud detection & reduction in your supply chain, then you'd better be budgeting for damage-control and recovery costs.
 
The repercussions and ramifications of supply chain frauds include:
 

þ   Manufacturing Downtime

þ   Machinery Flush / Clean / Repair 

þ   Sourcing Replacement Suppliers

þ   Customer Credits

þ   Consumer Lawsuits

þ   Delayed New Products To Market 

þ   Delayed (Pre-Paid) Advertising Campaigns

þ   Damage-Control Advertising Costs

þ   Vendor Compliance Chargebacks

þ   Product Recall Costs  

þ   Product Rework / Destruction Costs 

þ   Loss Of Brand Trust

þ   Loss Of Market Share To Competition

þ   Regulatory Investigations & Audits




The repercussions of supply chain fraud can result in a complete shutdown of business operations.
 
  
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