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

Q757: Which procurement term best matches this description: a full physical count of all inventory?

DDP (Delivered Duty Paid)

Hedging

Liquidated damages

Stocktake

Contract amendment

Q758: What does Rwanda Public Procurement Authority (RPPA) mean in procurement?

A set of behavior rules expected of staff and suppliers

The Rwandan body that regulates public procurement

A written change to the terms of an existing signed contract

Purchasing large quantities to obtain a lower unit price

The price a buyer aims to achieve in negotiation, based on analysis

Q759: A 240,000 contract is paid 20% on signing, 60% on delivery, and 20% after acceptance. How much has been paid in total once delivery has been completed?

144,000

48,000

240,000

211,200

192,000