How KFTD Bribery Risk Assessment Helps KFTD in Maintaining Integrity

PT Kimia Farma Trading & Distribution (KFTD) consistently prevents bribery and corruption. This problem is prevented through a system called SMAP/ABMS (Sistem Manajemen Anti Penyuapan or Anti Bribery Management System), which has helped KFTD maintain its integrity in business.

First, how do we identify bribery risks and which business activities might be vulnerable to bribery?

About Bribery Risks and Business Activities Vulnerable to It

Bribery risks can be identified from the type of activities, risk factors that may increase the probability of bribery, and the schemes that support it. Some examples may include a supplier tender process. Business ethics can be at great risk here.

There are quite plenty of business activities vulnerable to bribery and corruption. Some of the examples include:

  • Marketing and sales.

In marketing and sales, the risk of bribery may occur when obtaining confidential company information. This includes its relation to tenders, which affects business at large.

  • Supply chain management.

Bribes can take the form of receipts from suppliers and brokers, logistics, and the issuance of a Sailing Approval Letter.

  • Financial function.

A finance division employee can be bribed to obtain their companyโ€™s financial information, steal their data, or conduct other fraudulent activities. Once the financial information is obtained, it will endanger the company.

  • Acquisition and merger.

The bribe is given to an inside person to gain confidential information regarding the company.

  • Human resources.

This is also where work nepotism occurs. Bribes are paid to the HR staff or team. The end goal may be to influence the recruitment process and appoint a certain person to a position.

KFTD socialized SMAP/ABMS on February 12, 2024, to maintain its integrity. KFTD has also socialized the procedure of reporting gratification in the company. Hopefully, with the right system and procedure to prevent bribery and corruption, KFTD can become a clean, transparent, and integrity company as a health product distribution company so that in the future it can provide the best service for principals and customers.