ABSTRACT
The functions of the Chief Vigilance Officers (CVO) include the detection of fraud, the preparation of documents investigating the allegations, and assisting in the punishment of the guilty. But the purpose of the CVO is not intended to be merely reactive but also proactive in the establishment of preventative measures such as unannounced inspections and the identification and monitoring of areas known to be fraud hotspots. In the detection and reduction of supply chain fraud, one can use descriptive analytics to find the gaps where fraud can exist. Regardless of whether it is perpetrated internally, externally, or a combination of both, and regardless of whether it involves raw materials, components, finished goods, documents, monies, or services, fraud in supply chains represents a serious risk to the well-being of an organization. Organizations cannot rest on their laurels or be complacent because they have not been the subject of fraud.
