What is maverick spend and how to reduce it?

Maverick spend is the action of purchasing from suppliers outside pre-established procurement policy. Maverick spend can be defined as off-contract spend or buying from non-preferred suppliers.  Across all types of organizations, there is a wide range...

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Voices

Procurement, Guest Blog

Cost Reduction Strategies in Procurement

In this series freelance author and supply chain expert Elaine Porteous explores core topics in procurement. This post has some edits by the Sievo team. 

Cost reduction usually refers to cost...

Voices

Procurement, Guest Blog

Contract Negotiation In Procurement: 5 things to consider when negotiating with suppliers

In this series freelance author and supply chain expert Elaine Porteous explores core topics in procurement. This post has some edits and additions by the Sievo team. 

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