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
Q13: What is supplier due diligence intended to assess?
The supplier's office decoration
The personal popularity of the sales representative
Relevant capability, legal standing, financial reliability, and risks
Whether the supplier will offer gifts
The number of advertisements the supplier runs
Q14: What should be checked when goods are delivered?
Only the driver's name
Only the color of the packaging
Whether the supplier is a personal acquaintance
Quantity, condition, specifications, and supporting delivery documents
Nothing if an invoice has arrived
Q15: What is the purpose of contract management after award?
To renegotiate informally without records
To stop monitoring supplier performance
To allow unlimited changes to the contract
To avoid checking delivery milestones
To monitor performance, obligations, risks, changes, and deliverables
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