Every time someone buys outside the agreed way, a little value quietly slips out the back door. It is called maverick spend, and in many organisations it eats 30 percent or more of indirect spend. This short video explains what it is, why it happens, and how to shrink it.
In three minutes, you will learn:
- What maverick spend actually is: any purchasing that happens outside your agreed contracts and processes, also called rogue or off-contract spend
- Why it happens: usually not bad intent, but hurry, unawareness, clunky systems, and favourite suppliers
- How big the leak really is: 30 percent or more of indirect spend in many organisations
- Four practical ways to shrink it: make the right way the easy way, put preferred suppliers up front, guide buyers to the right contract, and communicate that the deals exist
- The contrast that matters: on contract you keep the negotiated price, visibility and control; off contract you lose all three
The takeaway: Maverick spend is buying outside your agreed contracts and processes. It quietly costs you discounts, visibility and control, and the fix is to make compliant buying the easiest option, not to chase people.
Want to learn how to spot and cut maverick spend the practical way? Our on-demand courses are built by people who work in procurement every day.
