Security in the purchasing function
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saket-singhal -
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Supply chain management
Transcript of Security in the purchasing function
STATISTICS
ON WHOLE HOSPITALITY INDUSTRY SUFFERS FROM A LOSS OF $23 BILLION AS A RESULT OF STEALING,
PILFERAGE AND THEFT. (WWW.EY.COM )
1in
27steals or
Pilferage
1/3of
employeesteals
once a year
70%loss to company
becauseof
internal theft
75%inventory missing
In restaurantis because of
theft
SECURITY PROBLEMS IN PURCHASE DEPARTMENT
Problems
Kickbacks
Invoice scams
Inventory theft &
substitutes
Telephone
scam
E-mail scam
Segregate work
system
HOW TO DEAL WITH PROBLEMS
Employee history
Security system
MIS
Inventory checking
Safe system
No acquaintance
