Supply Chain

Digital Training on Understanding & Mitigating Supply Chain Fraud


Date and Time:

June 10, 2022 9:45 AM - 1:30 PM

Event Location:

Online, India

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Supply chain fraud is a widespread and increasing global business risk for organizations. Managing fraud should be fundamental to effective supply chain risk management. Companies must maintain continuity in the face of supply chain fraud which can average about five percent of total revenue. Minimal research outside accounting has effectively defined supply chain fraud, where it occurs, or identified best practices in mitigating and managing fraud in complex supply chain networks.

Who should attend:

  • Head Of Supply Chain
  • Supply Chain Consultant
  • Logistics
  • Director Supply Chain
  • Associate Manager of Supply Chain

Thought Leaders:

  • Ajay Upadhyay
    Partner- Forensic Services, Risk Consulting
  • Alok Saraswat
    Head – Fraud Control Unit & Sales Compliance
    Future Generali India Life Insurance Co. Ltd.
  • Praveen Khanna
    Vice President
    Scoreme Solutions Private Limited
  • Sahil Gupta
    Alvarez and Marsal

Event Timelines

10th June, 2022 09.45 AM – 10.45 AM

Session 1:

• What is Fraud

• Who Commits Supply Chain Fraud

• Why are Supply Chain Vulnerable to Fraud


10th June, 2022 10.45 AM – 12.00 PM

Session 2:

• Supply Chain Fraud Examples & Repercussions

• The Impact of Supply Chain Fraud

o Manufacturing Slowdowns or Shutdowns

o Inability to supply customers or increased time to market

o Quality or Capacity reductions

o Loss of market share

o Increased insurance costs

o Product recall costs, including the costs of shipping and destruction of goods

o Investigations or Audit by regulators, resulting in increased compliance costs

o Investigations or Audit by regulators, resulting in chargeback costs

o Litigation costs

10th June, 2022 12.00 PM - 12.45 PM

Session 3:

Leveraging financial information and alternative data sources (for example legal/ credit bureau) for assessing vendor quality.
How data can be combined from bank statements, financial statements, GST returns, and legal data.
Develop a scorecard for vendor assessment and reliability.
10th June, 2022 12.45 PM - 01.30 PM

Session 4:

How to Prevent and Detect Supply Chain Fraud

Supply Chain Fraud & Sarbanes-Oxley
Fraud Prevention: Cost versus Value
Helpful technologies to close data gaps and detect fraud
Planning for Supply Chain Disruption and the Role of Digitization

Sorry, Event Expired

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