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

Q130: Which items make up landed cost?

Only the purchase price

Only the supplier's profit margin

Purchase price, freight, insurance, duties, and handling

Only the customs duty

Only the buyer's salary costs

Q131: A buyer orders 90 units at 120 each with a 5% volume discount on the total. What is the total payable?

10,260

10,800

540

10,350

11,340

Q132: An asset costs 30,000, has running costs of 4,200 per year over 7 years, and a residual value of 1,500. What is its total cost of ownership?

59,400

32,700

28,500

57,900

239,400