Maverick spend continues to be an issue for many organisations. It happens for a variety of reasons, from a lack of education and tools to culture challenges. And it can have extreme consequences: according to Hackett research the average company loses more than 5 percent of negotiated value due to maverick spending.
Join the Supply Management Insider webinar, produced in partnership with Workday, as we gather a group of experts to discuss the importance of striking the right balance between getting as much spend as possible under management – and policed accordingly – with the resources it will take to design and enforce such arrangements.
Join the session to learn more about:
The importance of improving operational efficiency
How technology can help bring maverick spend under control
How working closer with suppliers and procurement can create value
Why recessions are a fantastic time for creative thinking
Birgit BreitschuhPartnerOliver Wight
Jessica SorensonSr. manager, global sourcingWorkday
Michael LewisProfessor of operations and supply managementUniversity of Bath School of Management