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Procurement Analyst Assessment Test

Topics Covered

  • Spend Analysis
  • Contract Management
  • HSEQ Performance Standards
  • Cost-Adjustment Models
  • Procurement/Strategic
  • Sourcing Data Analysis
  • Price Adjustment Formulae

Useful for hiring

  • Procurement Analyst
  • Purchase Analyst
  • Buyer analyst
  • Procurement coordinator
  • Sourcing (Procurement) Specialists

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Question

The table shows three expenditures of the company in the past quarter and the number of vendors that exclusively caused those expenditures.



The company wants to perform the following operations in the next quarter:
A. Quickly automate some processes internally that were earlier outsourced
B. Improve processes to reduce the cost

Which of the following expenditures should the two actions most likely pertain to?

Answer
    • A: Z
      B: X

    • A: Z
      B: Y

    • A: Y
      B: X

    • A: X
      B: Z

Question

A contract management plan has been developed for a medium risk contract. A contract manager would be able to perform which of the following tasks with the help of this contract?

1: Transition management
2: Performance monitoring
3: Fulfillment of commercial commitments

Answer
    • 1

    • 1,2

    • 2,3

    • 1,2,3

Question

You are building a Cost model for your procurement process. If you need to build the cost tables for cost estimation, it would be best to build these in which of the following levels?

Answer
    • Supplier level

    • Facility Level

    • Item Level

    • Department Level

Test details:

The procurement analyst online test will evaluate candidate’s practical knowledge and will identify whether the candidate is ready to be employed.
 
Online purchase/procurement analyst test may contain MCQ's (Multiple Choice Questions), MAQ's (Multiple Answer Questions), Fill in the Blank, Descriptive, Whiteboard Questions, Audio / Video Questions, True or False.


Test Duration: 20 minutes

10 Application Questions

Test description:

Procurement analysis is the process of analysis in which you get to know what is going on in your purchasing department, are they keeping to the purchasing strategy and are inventories being kept to the optimum levels. Procurement analysts are the experts who are also known as purchasing analysts, agents or managers. These analysts are employed by companies and organizations to purchase goods or services from wholesale distributors, manufacturers or other product or service providers.

Procurement analyst skills test helps hiring manager & recruiters to find the best suitable candidate by assessing skills like procurement operations expertise, analytical, verbal & written skills. Procurement analyst assessment test questions are designed & validated by subject matter experts (SMEs) as per the industry standards.

Procurement analyst skill test helps to screen the candidates who possess traits as follows:

1.  Knowledge on how to improve procurement operations and focusing on basic commodities that require limited technical expertise

2.  Ability to perform process-oriented tasks applying discretion and judgment, such as taking purchase requests, making essential business procurement and financial checks and using automated tools

3.  Strong analytical & decision-making skills 

4.  Excellent verbal & written communication

5.  Strong negotiation skills

Interview Mocha’s procurement analyst assessment test has a unique set of questions. You can also create or ask us to create a customized test that includes questions that are specific to your job-requirement.

Our powerful reporting helps you to analyze section wise performance of candidate to gauge his strengths and weaknesses. Moreover, you can always use our candidate ranking tool to screen best performing candidate amongst others.

Good News! You can customize this test as per your requirement

  • Choose and add questions from Interview Mocha question libraries

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  • Customize test settings like duration, number of questions, passing score, web proctoring and much more

  • Mail us at support@interviewmocha.com to create a custom test

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