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

Q634: A supplier delivers 100 days late. The contract value is 750,000; liquidated damages are 0.04% of contract value per day, capped at 8% of the contract value. What damages apply?

60,000
33,000
38,100
43,200
30,000

Q635: The tender document contains conflicting requirements in two sections. What should be done?

Exclude other qualified suppliers without reason
Wait until someone else complains
Issue a clarification or corrigendum to all bidders to resolve the conflict
Pass the problem to another officer without a record
Approve it verbally without written authorization

Q636: In procurement, Certificate of origin refers to which of the following?

A document stating the country where the goods were produced
A list of unit prices used to value work or services as they are carried out
Steps taken to stop a potential problem from occurring
A unique code used to identify and track a specific item
An order that cannot be fulfilled immediately and is delivered later

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