1. Compliance with procurement processes is comparable in America and Europe but limited in Japan and especially Australia/NZ. Overall, maverick buying represents a considerable volume What percentage of your site's total annual purchases is procured via maverick buying? Source: IBM Institute for Business Value 2007
Editor's Notes
- For large companies only 33% claim to have 0%-1% maverick buying, but 22% are in the >10% range - 60% of automotive claim to be in the 0-1% range and none assumes to have maverick buying of >10%