Vendor:

vendor2Businesses are often the target of unscrupulous contractors/vendors overcharging, over billing, kick backs, failing to perform contracted work or service, and other actions.

A written inventory policy covers sales stock and company equipment. Pilferage is often an “entry level” criminal enterprise. Contractors and employees engaged in this activity often perceive a weakness in inventory controls as an indication that fraud will not be detected. “What happens to those items from the time they get off the truck to the time they hit the store shelves?” Put those procedures in writing and give them to employees.

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