We recently had a situation with one of our soda vendors. These are commission-based positions that are paid based off of how much product we invoice from them. If they take away bad/ old product, it is deducted from their monthly totals, and of course from their commissions. While they are not specifically employees of our store, this form of vendor theft falls into the category of employee theft.
This vendor had been stealing back his own product for about five years. He would drop off and invoice for ten cases of soda. After sitting and chatting for a bit, the manager would go off to attend to other things. The vendor would then put cases back in boxes and wheel them back out. Anyone who saw him just assumed it was old product that he was supposed to take back. No one ever thought to check for an expiration date on the drinks, much less to see if the cases were properly documented on an invoice.
The store was not reconciling their invoices with each shipment, like they were supposed to, and the vendor knew it. That is why this internal theft was so easy to do. No one noticed, and no one paid attention or questioned what was going on.
It wasn’t until my first set of inventories that I noticed huge quantities of sodas missing. When I saw this same trend in several stores in the district, I knew I needed to start an employee theft investigation.
After noticing the lack of credits on the invoices in several stores, and seeing the same vendor in each store I knew something was going on. It didn’t take long to figure out what had been happening. The vendor’s company was notified and the vendor was terminated immediately.
For more information on employee theft, employee theft investigation or internal theft contact us or call 1.770.426.0547 – Atlanta Georgia
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