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
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