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
Q220: A supplier is late in delivering because the buyer delayed site access. Who is likely responsible for the delay?
Treat the matter as unimportant because the amount is small
Change the evaluation criteria to fit the preferred result
The buyer, if the contract makes site access its obligation, so delay damages may not apply
Accept everything and sort out discrepancies later
Give the preferred supplier a private advantage
Q221: Average inventory is valued at 320,000 and the annual carrying cost rate is 22%. What is the annual carrying cost?
70,400
14,545.45
390,400
249,600
77,440
Q222: Annual demand is 2,400 units and each order is for 200 units. How many orders are placed per year?
6 orders
13.20 orders
15.24 orders
12 orders
17.28 orders
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