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
Q295: The unit price of an item changes from 75 to 90. What is the percentage change?
16.67
15
20
83.33
22
Q296: What is Outsourcing?
Contracting out a function to an external provider
Working with suppliers to improve their capabilities
A record of the organization's long-term assets
A provision stating that if one part is invalid, the rest of the contract still applies
A log of identified risks with their likelihood, impact, and mitigation
Q297: A department needs 75 items and the supplier sells them only in packs of 10. What is the minimum number of whole packs to order?
7 packs
9 packs
10 packs
8 packs
16 packs
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