Maverick spending blind spot revealed
3 April 2012
Poor communication between purchasing managers and other employees is the main cause of high levels of non-compliant spending on indirect goods, according to new research.
Over 90 per cent of purchasing managers surveyed by procurement outsourcing specialist Tomorrow First agreed that off-contract spending was a problem. Categories worst affected included travel and maintenance, repairs and operations.
Despite this, a third of those questioned for its report, The Corporate Squanderer: Maverick Spending in the E-procurement Age,...