Rogue buying wastes millions.
Position | Preferred supplier list ignored - Brief Article - Statistical Data Included |
Maverick buying costs companies an average 22 [pounds sterling] million a year, or 15 per cent of indirect spend, according to a survey by e-procurement solutions firm TomorrowFirst. Travel, stationery and IT spending were the worst offenders. Heads of purchasing may be to blame -- over 95 per cent of firms have a...
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