Procurement Interview Questions | Most asked Questions in Procurement Interview

Supplier Relationship Management : • Mastering Supplier Rel...
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Suggested Books :
1. Supply Chain And Operations Management
a.) Supply Chain Management: Strategy, Planning, and Operation, 7th Revised Edition by Pearson :
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b.) Logistics and Supply Chain Management :
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c.) Essentials of Supply Chain Management :
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d.) Operations and Supply Chain Management
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e.) Manufacturing Planning and Control for Supply Chain Management :
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2. Logistics Management
a.) Logistics Management and Strategy: Competing through the Supply Chain :
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b.) Supply Chain Logistics Management :
amzn.to/45kyB1W ...(Amazon)
3. Procurement
a.) Purchasing and Supply Chain Management, 7e by ZZ_Books Wagon :
amzn.to/3yZv2SP ...(Amazon)
b.) Purchasing and Supply Chain Management, by Arjan van Weele :
amzn.to/4cizwSR ...(Amazon)
4. Inventory
a.) Introduction to Materials Management :
amzn.to/3KHCl46 ...(Amazon)
5. Case Study
a.) Designing And Managing the Supply Chain : Concepts, Strategies and Case studies :
amzn.to/4bXPv9l ...(Amazon)
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Welcome to the new video of 10 Min of Supply Chain
In this video, we discuss the top 5 most asked procurement interview questions to help you prepare for your next job interview or enhance your procurement knowledge.
Q1: Difference Between Procurement and Purchasing ?
Learn about the distinction between procurement and purchasing and understand how these terms differ in scope, strategy, and objectives within the context of supply chain management.
Q2: Factors for Selecting Suppliers ?
Discover the key factors to consider when selecting suppliers, including quality, reliability, cost, delivery capabilities, sustainability practices, and strategic alignment with organisational goals.
Q3: Importance of Procurement Strategy ?
Explore the concept of procurement strategy and its significance in achieving organisational objectives, driving cost savings, mitigating risks, and optimising supplier relationships for long-term success.
Q4: Difference Between RFQ, RFP, and RFI ?
Understand the differences between Request for Quotation (RFQ), Request for Proposal (RFP), and Request for Information (RFI) in procurement, including their purposes, components, and when to use each sourcing method.
Q5: Managing Supplier Relationships Effectively ?
Gain insights into best practices for managing supplier relationships effectively, including communication, collaboration, performance evaluation, risk mitigation, and continuous improvement initiatives.
#Procurement #SupplyChain #InterviewTips #JobInterview #ProcurementStrategy #SupplierManagement #RFQ #RFP #RFI #SupplyChainManagement #BusinessOperations #ProcurementProcess #CareerDevelopment #RUclipsTutorial
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Also Watch: What is Procurement ? : • What is Procurement ? ...
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✔️ Supply Chain Concepts : • Concepts
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[@redflower5784]

Very informative, thanks very much!

[@10minforsupplychain]

Thanks 🙂