Accenture Procurement Operations Analyst Interview Questions and Answers

I have a background in supply chain management and procurement with experience in data analysis and process improvement.

• Bachelor's degree in Supply Chain Management from XYZ University

• Internship at ABC Company focusing on procurement processes and vendor management

• Experience in analyzing procurement data to identify cost-saving opportunities

• Implemented process improvements that resulted in a 20% reduction in procuremen

The P2P cycle is the process of procuring goods or services from suppliers, receiving and approving invoices, and making payments.

• The cycle starts with identifying the need for a product or service and creating a purchase requisition.

• Next, the procurement team selects a supplier, creates a purchase order, and sends it to the supplier.

• Upon receiving the goods or services, the receiving department inspects and confirms r...read more

Two-way purchase order matching involves comparing the purchase order with the invoice and the goods received.

• Two-way matching involves comparing the purchase order with the invoice to ensure accuracy.

• It also involves comparing the purchase order with the goods received to verify quantity and quality.

• Examples include matching the purchase order number, quantities, prices, and terms on the invoice and goods received.

• Dis...read more

Three-way purchase order matching is a process in procurement where the purchase order, receipt of goods, and invoice are compared to ensure accuracy.

• Three-way matching involves comparing the purchase order, receipt of goods, and invoice to ensure they all match.

• It helps prevent errors, fraud, and discrepancies in the procurement process.

• Examples include verifying that the quantity and price on the purchase order match

Handled a difficult situation when a key supplier unexpectedly went out of business.

• Quickly assessed impact on current projects and identified alternative suppliers.

• Negotiated with remaining suppliers to ensure continuity of supply and minimize disruptions.

• Communicated effectively with internal stakeholders to keep them informed and manage expectations.