Maverick Purchasing Means Slower, More Costly Purchases

Published On:

July 02, 2019

Authored By:

Marisa Brown

Public Content:

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.

Type:

Articles

Topics:

Supply Chain Management, Supplier Relationship Management, Supplier Certification, Sourcing, Purchasing, Procurement

Available Tools:

APQC Process Classification Framework (PCF)

Assessments

Maverick Purchasing Means Slower, More Costly Purchases

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