Procurement Analyst

A procurement Analyst is a professional responsible for sourcing, evaluating, and purchasing the goods, services, and materials an organization needs to operate while managing supplier relationships and controlling costs

Quiz Questions

Q406: Annual demand is 5,000 units and each order is for 250 units. How many orders are placed per year?

20 orders

10 orders

22 orders

25.40 orders

28.80 orders

Q407: A bidder offers lots priced at 35,000, 25,000, and 15,000 with a 10% discount if all three lots are awarded. What is the total price for all three lots?

75,000

7,500

82,500

67,500

74,990

Q408: Near expiry, the supplier offers a long extension at a higher price. What is the best step?

Let the supplier write the requirements

Check the options in the contract and test the market rather than accepting automatically

Treat the matter as unimportant because the amount is small

Offer the supplier extra business in return for a favor

Delete the related emails and files