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
Q232: A buyer orders 800 units at 15 each with a 12% volume discount on the total. What is the total payable?
12,000
1,440
2,400
10,560
13,440
Q233: A supplier delivered 60 of 80 orders on time. What is its on-time delivery rate?
25%
75%
300%
60%
20%
Q234: What does Cost saving mean in procurement?
Using financial tools to reduce exposure to price or currency changes
Awarding a contract to a chosen supplier without competition, allowed only where justified
Purchasing managed by one central unit for the entire organization
Goods shipped directly from the supplier to the end recipient
A real reduction in spend compared with a baseline
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