Bad actors emerged during the pandemic, as a supply-demand imbalance in personal protective equipment left openings and vulnerabilities for fraud and counterfeits.
What happened
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Why it matters
Dave Aquino is not new to supply chain, with his 25-plus year career that included uniform manufacturing and sales. But he was new to personal protective equipment sales when he founded Certain Supply in April 2020 after seeing an opportunity for supply chain to help pull the U.S. out of the COVID-19 crisis.
"I kept hearing about the horror show in supply chain availability," he said, and he decided to use his experience in contract manufacturing and quality compliance standards to bring PPE to the U.S.
But within the first year, the company lost $250,000 from one customer that purchased products over six weeks with a credit card, then pulled the money back.
This news brief is based on reporting published by Supply Chain Dive on 2021-07-15. The original report is linked below.
Supply Chain Dive
https://www.supplychaindive.com/news/ppe-demand-fraud-counterfeit-supply-chain/602304/This independent news brief is based on the public source identified above. It is an original summary or translation, not a reproduction of the source article. Rights in source text, research, trademarks and images remain with their respective owners; images are used under the licence or permission identified in the credit. Rights holders may contact rights@goodproductasia.com with evidence of ownership. Verified concerns will be corrected, replaced or removed promptly. This report is not investment, legal, medical or purchasing advice.
