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

Q217: In procurement, Pre-shipment inspection refers to which of the following?

Correcting defective items so that they meet specifications

A market dominated by a few sellers

A list of pre-approved items and prices available for ordering online

Checking goods before they leave the supplier's premises

An order that cannot be fulfilled immediately and is delivered later

Q218: A staff member asks to buy personal items through the organization's contract to get the discount. What is the answer?

Let the requester choose the supplier directly

Refuse, because organizational contracts are for official purposes only

Award to the first supplier who responds

Ask the supplier to adjust documents so the records match

Rely on a verbal agreement only

Q219: Average daily usage is 40 units (maximum 55) and average lead time is 7 days (maximum 12). Using the max-minus-average method, what is the safety stock?

660 units

280 units

180 units

385 units

380 units