International Risk's Supply Chain Integrity Services are designed to reduce the risk of fraud losses through a robust and comprehensive pre-qualification and screening of vendors and other potential business partners. The word "vendor" can equally refer to suppliers, distributors, or outsourced service providers such as packagers, forwarders and advertising agents. The program is designed to send a strong signal as to the ethical standards that you uphold, to provide impartial assurances on the integrity and bona fides of your "vendors", and to help you protect your reputation and profit margins.

Not to be confused with ISO system approved suppliers, our service is a loss prevention program to protect your bottom line. The program helps deter kickbacks and curtails the practice of staff and relatives inserting bogus vendors into the supply chain to take a cut from transactions and thereby erode your margins.

Vendor & Distributor Fraud Investigations

International Risk conducts discreet investigations into suspected frauds involving vendors, distributors, and your employees. We have a highly experienced team of fraud specialists to undertake such inquiries.

Supply Chain Integrity Programme

We help our clients to structure a suitable program, to draft supporting documentation such as vendor questionnaires, business practices or code of ethics statements, clauses on kickbacks, bribery, and the right to audit. Tailored to the needs of your company, in your industry and operating location, the program may contain these key elements:

Best Practices Pre-qualification

Vendors must agree to undergo pre-qualification screening. The company issues an unambiguous statement explaining its determination to recognize vendors pursuing ethical business practices and to screen out unethical parties. Companies disseminate forms to vendors, collect and collate required documents and information.

Vendor Business Practices Statement or Code of Ethics

In order to establish the program as an effective system of vendor accountability, vendors must agree in writing to your code of business practices and ethics and must agree to terms of termination if they break these codes.

Vendor Questionnaire

Vendors are obliged to complete a detailed vendor questionnaire on their company and will also be required to submit copies of corporate registration documents, licenses and other bona fides such as references, to facilitate screening.

Vendor Screening

Vendors are checked by professional investigators to verify integrity, business practices, track records, ownership and physical existence, and to identify potential problems. The scope of screening, which can take place on several levels, can be tailored according to the importance of the vendor. Multi-level screening is used, adjusting the intensity of inquiry to vendor importance.