Furniture

Quality Without Compromise

The High Cost of Blind Trust

A single fake supplier can vaporize a year of margin—$150 K average loss per incident.

Six-Point Verification Checklist

Legal Existence – Corporate registry & tax ID cross-check.

Financial Health – Bank references and 3-year audited statements.

Factory Audit – Capacity, equipment, social compliance.

Certification Validation – Direct with issuing body (ISO, CE).

Reference Triangulation – Interview two current customers you found, not the supplier.

Continuous Monitoring – Real-time alerts on litigation, safety recalls, credit rating dips.

ROI Snapshot

Comprehensive verification costs roughly 0.2% of PO value but averts average fraud losses of 15-25%—a 75× return.

Bottom Line

Verification isn’t overhead; it’s insurance. Invest once—sleep well on every shipment.

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