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
Q922: A tender requires a bid security of 1.5% of the estimated value of 3,500,000. What is the amount of the security?
57,750
66,675
75,600
52,500
84,525
Q923: A supplier delivered 114 of 150 orders on time. What is its on-time delivery rate?
24%
76%
316.67%
114%
36%
Q924: What is Special conditions of contract?
A document describing the scope, objectives, deliverables, and timeline of a service requirement
Day-to-day running costs
A clause choosing the courts where disputes will be heard
Fake products falsely presented as genuine
Clauses tailored to a specific contract that modify the general conditions
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