Building a Culture of Integrity: Ethics and Fraud Prevention in Supply Chains
Fostering a culture of integrity is crucial for preventing fraud in supply chains. Strategies such as strong ethical leadership, clear codes of conduct, whistleblower protection, robust supplier due diligence, internal controls and risk management, continuous education and training, and transparent reporting and auditing help organizations build a culture of integrity. By prioritizing ethics and integrity, businesses can safeguard their supply chains, mitigate fraud risks, and maintain trust among stakeholders in today’s complex business landscape.