Maverick Purchasing Means Slower, More Costly Purchases

Published On:
July 2, 2019
Authored By:
Marisa Brown
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Despite the establishment of a formal procurement process, some organizations have staff members who engage in maverick purchasing. Maverick purchasing often occurs because a staff member views the established procurement process as too complicated or a waste of time. However, APQC's data indicates that order placement time and procurement costs improve with less maverick spending.