Identifying and mitigating maverick spend

Purchasing Services at the Pennsylvania State University is tasked to support efficient procurement of goods, materials and services across the University. Purchasing Services attempts to capture economies of scale using organization-wide framework agreements, however, this results in various forms...

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Bibliographic Details
Main Authors: Elmore, R.D (Author), Harrison, T.P (Author), Sheth, S.S (Author)
Format: Article
Language:English
Published: International Forum of Management Scholars 2019
Subjects:
Online Access:View Fulltext in Publisher
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008 220511s2019 CNT 000 0 und d
020 |a 10821910 (ISSN) 
245 1 0 |a Identifying and mitigating maverick spend 
260 0 |b International Forum of Management Scholars  |c 2019 
856 |z View Fulltext in Publisher  |u https://doi.org/10.46970/2019.25.4.1 
520 3 |a Purchasing Services at the Pennsylvania State University is tasked to support efficient procurement of goods, materials and services across the University. Purchasing Services attempts to capture economies of scale using organization-wide framework agreements, however, this results in various forms of organizational misalignment, which includes purchasing off-contract commonly known as “maverick spend”. We describe various research efforts to address the challenges in centralization initiatives and maverick spending. 1) identify proportion of maverick spend, 2) identify root-causes of maverick spending behavior, 3) recommend mitigation strategies to Purchasing Services and 4) provide generalized results for other organizations to assess and mitigate maverick spending. © 2019, International Forum of Management Scholars. All rights reserved. 
650 0 4 |a Maverick spending 
650 0 4 |a Off-contract 
650 0 4 |a Organizational misbehavior 
650 0 4 |a Penn state 
700 1 |a Elmore, R.D.  |e author 
700 1 |a Harrison, T.P.  |e author 
700 1 |a Sheth, S.S.  |e author 
773 |t International Journal of Operations and Quantitative Management