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

Q745: A supplier quotes 2,200 EUR. At the stated rate of 1 EUR = 1,720 RWF, what is the price in RWF?

4,465,120 RWF

4,162,400 RWF

3,784,000 RWF

4,805,680 RWF

5,448,960 RWF

Q746: Goods cost 8 per unit for an order of 1,000 units and freight for the whole shipment is 1,500. What is the landed cost per unit (price plus freight)?

9.50

1.50

10.45

12.06

Q747: What is the main objective of price benchmarking?

To increase the supplier's price

To avoid negotiation altogether

To hide supplier costs

To judge whether prices are competitive against comparable market data

To replace the contract's terms