Procurement professionals all know that ‘maverick’ spend - spend not managed through a purchase order – causes value ‘leakage’ to a company. Non P.O’d spend is usually not competitively bid, and cannot be easily tracked or managed. This presentation is a practical guide to establishing a ‘No P.O./No Pay’ program, based on our experience at successfully piloting and fully implementing a ‘No P.O./No Pay’ program at Dow Corning, globally. The presentation covers steps taken to establish the program, expected and actual roadblocks, and the eventual payback.