Procurement Analyst

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

Q589: A supplier accounts for 175,000 of a total spend of 500,000. What share of total spend is this?

2.86%
65%
53.85%
38.50%
35%

Q590: A panel member has not read the bids before the scoring meeting. What should the chair do?

Split the purchase to avoid higher approval levels
Exclude other qualified suppliers without reason
Postpone scoring until each member has properly reviewed the bids
Give the preferred supplier a private advantage
Ignore the issue and continue as planned

Q591: A supplier delivered 170 of 200 orders on time. What is its on-time delivery rate?

85%
15%
566.67%
170%
30%

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