Deputy Manager Procurement Interview Questions and Answers

I am highly proficient in using Excel for reporting purposes.

• I have extensive experience in creating and formatting reports using Excel.

• I am skilled in using formulas and functions to perform calculations and analyze data.

• I can create visually appealing charts and graphs to present data effectively.

• I am proficient in using pivot tables to summarize and analyze large datasets.

• I can automate repetitive tasks using macros and VBA programming in Excel.

• I have successfully used Exc...read more

Incoterms are international commercial terms that define the responsibilities of buyers and sellers in international trade transactions.

• Incoterms are standardized terms used in international trade to clearly define the responsibilities of buyers and sellers regarding the delivery of goods.

• There are different categories of incoterms such as EXW (Ex Works), FOB (Free on Board), CIF (Cost, Insurance, and Freight), etc.

• Each incoterm specifies who is responsible for tasks such as ...read more

Materials are sourced through a combination of vendor relationships, online platforms, trade shows, and industry referrals.

• Vendor relationships play a key role in sourcing materials

• Utilize online platforms to search for new suppliers and compare prices

• Attend trade shows to discover new materials and suppliers

• Leverage industry referrals for trusted sources of materials

The procurement department follows a systematic working procedure to ensure efficient sourcing and purchasing of goods and services.

• Identification of procurement needs

• Sourcing potential suppliers

• Request for quotations or proposals

• Evaluation and selection of suppliers

• Negotiation and finalization of contracts

• Order placement and tracking

• Receipt and inspection of goods/services

• Invoice processing and payment

• Supplier relationship management