Perception vs Reality: A Report on Maverick Spend
Combat maverick spend to reach a state of Procurement Utopia.
Maverick spend negatively drives companies to a 10-20% loss of targeted savings. And it’s a procurement flaw that happens in plain view, leading to quality complaints, a slower buying process and a damaged bottom line. In this survey report conducted by the Hackett Group, 50 US companies were interviewed to gather insights regarding maverick spending and what can be done to eliminate the associated risks and results.
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