MS Excel Functions as Supply Chain Fraud Detector

Abstract

Information technology (IT) is playing a vital role in increasing the productivity, profitability of businesses and optimizing decisions at each stage of Supply Chain Networks (SCN). Supply chain manager must often trust data for decision making even reported from vendors/suppliers. These types of data are vulnerable to manipulation and creating an opportunity for ‘supplier opportunism’. Use of MS excel functions is a simple solution. The purpose of this empirical study that finding the intentionally manipulated data with help of excel functions. This finding can allow supply chain managers to segregate suspect data from decision-making until they can be validated and thus mitigate supplier opportunism.

Keywords: Information Technology, MS Excel Function, Supply Chain