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
Q235: An asset costs 40,000, has running costs of 5,000 per year over 8 years, and a residual value of 4,000. What is its total cost of ownership?
80,000
41,000
76,000
36,000
360,000
Q236: The same emergency supplier is used repeatedly after the emergency has ended. What should the officer do?
Return to the normal competitive process, since the emergency basis no longer applies
Change the evaluation criteria to fit the preferred result
Negotiate secretly with only one supplier
Pay the supplier first and verify afterwards
Give the preferred supplier a private advantage
Q237: A supplier misses three consecutive service level targets. What is the recommended action?
Proceed anyway and handle the paperwork later
Accept everything and sort out discrepancies later
Pass the problem to another officer without a record
Apply the contract remedies, require a recovery plan, and escalate if there is no improvement
Approve it verbally without written authorization
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