Executive Briefings

Maverick Purchasing Means Slower, Less Reliable Deliveries

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 order processing time improve with less maverick spending.

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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 order processing time improve with less maverick spending.

Read More