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
Q730: Which is cost avoidance rather than a cost saving?
Reducing the unit price from 100 to 90
Cancelling an unnecessary order
Securing a price freeze that prevents an announced increase
Receiving a cash rebate
Reducing freight charges
Q731: An officer is asked to buy from a company that was suspended in another country. What should happen?
Check sanctions and exclusion lists and escalate before any decision
Decide alone without informing anyone
Extend the arrangement informally without approval
Give the preferred supplier a private advantage
Accept the supplier's explanation without verification
Q732: A bidder scores 72/100 on technical quality (weight 65%) and 80/100 on price (weight 35%). What is its combined score?
76
77.20
152
74.80
46.80
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