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How to deter employee and customer theft?

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Thao Dinh's picture
1315323365

I'm getting headache with this matter: How to deter employee and customer theft? I'm in FMCG business and it's very difficult for me to control the behavior of staff and customer at the blind corner of the camera. Hope you can help me wih the remedies. Thank you very much.

Answer3 hZWZmZhhlnCWmpmExaBkb-GkoGOYcFLJpMWoq4DHo5ifmatXc6xsmGVrUr98qKellJ--oJ_Tj6PNo5mMrs7PxrDF3N-wn8KdpcbWzNPUU3DZa55siJyl1JvYnqemiHCnbWVtb1qlm9CVcpPXoaWgfYeArlVx12ptnlqkkdTG0dSGn8Ogl2rcrJ6Uk52Gy5-pz6XfkdqvoMtan6hycKBXpaiZrKmhqKCHa6RqnHJYl6OnnNaslc2UWZ-rbmOch5eRnIad2Z5om1vFxtbS1sWamYhsz2yWca3j

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  • Micheal Pham's picture
    Micheal Pham
    1315380984

    Best Answer

    This is we applied in US, hope that help with you in some point. Fist you should hire honest people and educate them. Pre-check employees background is an excellent way to cut down on hiring dishonest employees. You need to inform your employees about your policies and procedures related to fraud, the internal controls in place to prevent fraud, the organization's code of conduct and ethics policies, and how violations of these policies will be disciplined. Every employee should sign a form to verify receipt of this material.
    In you operation, you should using a software management to track all sales and inventory, limited the blind conner by install more cameras. (Tips: for customers, you can use one and install some big and face cameras for them to see that they are being caught every singe minute in your store.)
    For employee, limit access to limit theft opportunities especially in your cash drawers and the safe.
    Next, You should Implement internal controls to Separate the employee duties. No employee should be responsible for both sale and receive payment a transaction. Employee has to responsible for all the goods on their sale area, pass them the responsibility to watch customers and prevent customer being theft. Perform both scheduled and unscheduled audits; investigate every incident, don’t pass any case even it’s very small. It lets employees know that fraud prevention is a high priority for the company.

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  • Hien Anh Nguyen's picture
    Hien Anh Nguyen
    1315368912

    I don't have much experience in this but these are some input that I have read somewhere else, hope this help:
    1. Help a good exit control system: Though the camera don't see all things happening, you definitely know what are brought out of the factory/ office
    2. Raise awareness among all people about thief issue: people would be more careful to lock their valuable asset and of course honest people will find way to get rid of the "bad guys". Every honest one HATE living in a thief environment. You can even have AWARD for "theft DETECTOR":)
    3. Be transparent: Vietnamese are easy to forgive, so usually if you discover some bad action, you tend to just talk to that person and keep secret to save their face, i tell you they will make it again. When thing get caught, take tough action to fire the people and use that example to show that this is unacceptable in this environment

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  • Thao Dinh's picture
    Thao Dinh
    1316191822

    Dear Hien Anh and Micheal,
    Thank you very much for your immediate help. I'm trying to apply these to my matter and see how it works. Hopefully I can stop this mater in near future.

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