How are you tackling maverick spend?
Not so great
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Tackling maverick spend is always a challenge for companies and often procurement department struggles with the autonomy they want to give end users for managing their own spend. Especially when it come to categories like HR services etc.
As per a latest survey conducted by Supply management, 71% of respondents said that lack of oversight of employees with purchasing power outside procurement is a huge problem area.
In another survey conducted by Supply management, they asked different procurement departments on how they would like to attack this problem and the results are all over the place
- 34% said that the non procurement employees should be trained in procurement processes.
- 31% believes that the spend should be managed by procurement.
Also the approach varies a lot from government to private sector. In government organizations there is less control on managing that spend and hence procurement department tend to focus more on providing guidelines on how to manage the spend.
Go to the link
You can read the full report at