Procurement Analyst

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

Q169: A contract is about to expire and the service is critical. What should the officer have done earlier?

Accept the supplier's explanation without verification
Award to the first supplier who responds
Let the requester choose the supplier directly
Ignore the issue and continue as planned
Planned the renewal or retender in advance, with enough time to avoid a gap

Q170: Which procurement term best matches this description: an international standard for quality management systems?

Sampling inspection
Addendum
ISO 9001
Centralized procurement
Supply chain visibility

Q171: A supplier accounts for 48,000 of a total spend of 160,000. What share of total spend is this?

30%
3.33%
70%
42.86%
33%

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