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
Q247: The baseline price was 1,200 and the awarded price is 900. What is the percentage saving against the baseline?
33.33%
75%
300%
25%
50%
Q248: A requisition is approved by the requester's supervisor but not by the budget holder. What should the officer do?
Proceed anyway and handle the paperwork later
Wait for the budget holder's approval before sourcing or ordering
Tell the supplier what competitors have offered
Ask the supplier to adjust documents so the records match
Keep it confidential and avoid recording it
Q249: A framework agreement runs for four years. What is a key control during that period?
Ignoring it until it expires
Renewing automatically each month
Letting each department negotiate separate prices
Removing all reporting requirements
Regular monitoring of prices, performance, and usage against the agreement
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