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

Q658: What is Open contracting?

Software used to store, track, and manage contracts
Publishing procurement data openly for public scrutiny
The current market price for immediate delivery
The maximum level of defects considered acceptable in sampling
Several organizations combining their demand to buy together

Q659: A supplier delivered 92 of 100 orders on time. What is its on-time delivery rate?

8%
1,150%
54%
101.20%
92%

Q660: A department needs 1,000 items and the supplier sells them only in packs of 48. What is the minimum number of whole packs to order?

20 packs
22 packs
21 packs
23 packs
42 packs

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