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

Q208: The supplier fails to provide documents needed for customs. What should the officer do?

Take no action because nobody has asked
Press the supplier for the documents under the contract and track any storage or demurrage costs
Rely on the supplier's word instead of evidence
Keep it confidential and avoid recording it
Let the supplier write the requirements

Q209: An inspection of 1000 items finds 23 defective. What is the defect rate?

43.48%
23%
2.35%
2.53%
2.30%

Q210: What is Drop shipping?

Verifying and registering a new supplier so that it can be used
The total greenhouse gas emissions linked to a product or activity
Goods shipped directly from the supplier to the end recipient
A log of identified risks with their likelihood, impact, and mitigation
Official notification to the winning bidder that its offer has been accepted

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