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

Q184: Annual demand is 1,200 units and each order is for 100 units. How many orders are placed per year?

6 orders
13.20 orders
15.24 orders
17.28 orders
12 orders

Q185: A supplier invoices a higher rate than the contract. What should the officer do?

Accept everything and sort out discrepancies later
Waive the requirement because the supplier is well known
Reject or query the invoice and require a corrected one matching the contract rates
Accept the supplier's explanation without verification
Treat the matter as unimportant because the amount is small

Q186: Evaluators realize the criteria miss an important requirement. What is the proper step?

Do not change the criteria; consider cancelling and reissuing the tender with revised criteria
Split the purchase to avoid higher approval levels
Tell the supplier what competitors have offered
Approve payment before checking the deliverables
Take no action because nobody has asked

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