I just read in today’s Pittsburgh Post-Gazette that there is a new scam that has affected the Supervalu grocery chain.

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Apparently, someone pretended to be an employee of a couple of its suppliers and asked it to redirect its payments to new bank accounts. Of course, the bank accounts belonged to the scammer(s) and not the real suppliers.

So there’s some new stuff for purchasing professionals to address in their contracts, policies, and procedures, preferably sooner rather than later:

1. How suppliers are required to notify your company of changes to remittance instructions

2. Who verifies and/or authorizes changes to remittance information in your system

3. How access to changes to remittance information will be restricted

4. What the clerk making remittance information changes has to have in order to process changes

When I think of the companies I worked for and how easy it would have been to fall prey to this time of scam, I find it pretty scary.

To Your Career,
Charles Dominick, SPSM
Next Level Purchasing, Inc.
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Charles Dominick, SPSM, SPSM2, SPSM3

Charles Dominick, SPSM, SPSM2, SPSM3 is an internationally-recognized business expert, legendary procurement thought leader, award-winning entrepreneur, and provocative blogger. Charles founded the Next Level Purchasing Association in 2000, oversaw its incredible growth, and successfully led the organization to its acquisition by the Certitrek Group in 2016. He continues to blog and provide advisory services for the NLPA on a part-time basis as he incubates his upcoming business innovations. Charles is also the co-author of the wildly popular, groundbreaking book, "The Procurement Game Plan: Winning Strategies & Techniques For Supply Management Professionals."

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