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Glossary

What is Spot Buy?

Last updated July 2026

Definition

A spot buy is a one-off, unplanned purchase outside standing contracts — common in MRO and a frequent source of off-contract, over-market spend.

Spot buys are fast but expensive: without a fair-value benchmark, they overpay, and without controls, they become maverick spend.

Automating spot-buy RFQs with a fair-market benchmark captures the speed while closing the price leak.

Part of RFQ & sourcing automation.

See what your inventory is really costing you.

Tell us where the cash is trapped — excess stock, idle surplus, slow RFQs — and we'll show you the outcome Maintained can unlock.

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