What is Maverick Spend per Supplier in SAP SRD-SRM-SC - SRM-Sourcing and Contracting?

SAP Term: Maverick Spend per Supplier

• Component: SRD-SRM-SC

• Component Name: SRM-Sourcing and Contracting

• Description: A report that shows the money spent by your company on buying products individually, bypassing approved methods of the purchasing department. If this maverick spend is very large, you analyze which products are purchased by whom and take appropriate actions.

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• Key Concepts: 
  Maverick Spend per Supplier is a feature of SAP SRM-Sourcing and Contracting that allows companies to track and monitor the amount of money spent on suppliers outside of the company’s normal procurement process. This feature helps companies to identify and address any potential issues with suppliers, such as overspending or non-compliance with company policies. 
  
  How to Use It: 
  Maverick Spend per Supplier can be accessed through the SAP SRM-Sourcing and Contracting module. Once enabled, it will track all purchases made outside of the company’s normal procurement process. This data can then be used to identify any potential issues with suppliers, such as overspending or non-compliance with company policies. 
  
  Tips & Tricks: 
  It is important to regularly review the data collected by Maverick Spend per Supplier in order to ensure that all purchases are compliant with company policies. Additionally, it is important to ensure that all suppliers are aware of the company’s purchasing policies in order to avoid any potential issues. 
  
  Related Information: 
  For more information on Maverick Spend per Supplier, please refer to the SAP SRM-Sourcing and Contracting documentation. Additionally, there are a number of online resources available that provide further information on this feature and how it can be used to improve supplier management.