Amalgamations Valeo Clutch Procurement and Supply Chain Management Executive Interview Questions and Answers

Procurement involves the process of sourcing, purchasing, and acquiring goods and services for an organization.

• Procurement is the process of finding, acquiring, and buying goods and services for an organization.

• It involves sourcing suppliers, negotiating contracts, and managing supplier relationships.

• Procurement aims to ensure that goods and services are obtained at the best possible price and quality.

• Examples include ...read more

Budgeting and forecasting involve planning and estimating financial outcomes for a specific period of time.

• Budgeting is the process of creating a detailed plan for how to allocate resources and expenses for a specific period of time.

• Forecasting involves predicting future financial outcomes based on historical data, market trends, and other relevant factors.

• Budgeting helps organizations set financial goals and allocate ...read more