The Human Element: Addressing Employee-Related Fraud in Supply Chains
Employee-related fraud poses significant risks to supply chains. To address and prevent such incidents, companies should establish a culture of ethics, implement robust hiring practices, segregate duties, conduct regular monitoring and auditing, provide ongoing training and awareness, and respond swiftly and consistently to reported incidents. By prioritizing the human element and taking proactive measures, businesses can strengthen their defenses against employee-related fraud, safeguard their supply chains, and protect their reputation.