Yes, vendors the very people that supply you with merchandise have stolen from retailers. We are not saying that every vendor will do this. Most suppliers are hard working and trying to earn and keep your business. But vendor fraud accounts for approximately 5% of a retailers losses.
However, They are a business just like you. If they have employees that are stealing this could affect you. How? Say you are supposed to get 24 items in a carton. But a thief in the vendors facility only packs 23 to a carton in your shipment. They take the lost one out of each and put it in the trash then come back later and get them out of the trash.
Sound outrageous? We have done hundreds of these retail loss investigations in our experience. If you are only checking in the cartons and not piece counting you are putting money in that piggy bank of the vendors thief.
I some cases the vendor them self will short a shipment. If you do not catch it then they get paid in full at your expense. We have caught several very large, well known companies doing this.
How do you stop this? We have proven methods to protect you from this type of retail loss and fraud.
Contact us today: retail loss or call 1.866.914.2567