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

Q748: Which procurement term best matches this description: withdrawal of defective products that have already been delivered?

Technical evaluation

Product recall

Evaluation matrix

Spot buying

Carrying cost

Q749: Goods cost 4 per unit for an order of 2,500 units and freight for the whole shipment is 500. What is the landed cost per unit (price plus freight)?

4.62

5.33

6.05

4.20

Q750: A supplier accounts for 90,000 of a total spend of 300,000. What share of total spend is this?

3.33%

70%

30%

42.86%

33%