Amnex Infotechnologies Purchase Engineer Interview Questions and Answers

Procurement is the process of acquiring goods, services, or works from an external source.

• Procurement involves sourcing, purchasing, and negotiating contracts for goods and services.

• It includes activities such as supplier selection, price negotiation, and contract management.

• Procurement aims to obtain the best value for an organization while ensuring quality and timely delivery.

• Examples of procurement activities includ...read more

The basic process for a procurement process involves identifying needs, sourcing suppliers, negotiating contracts, and managing supplier relationships.

• Identifying the needs of the organization or project

• Sourcing potential suppliers through research and outreach

• Negotiating contracts and terms with selected suppliers

• Managing supplier relationships to ensure timely delivery and quality

• Monitoring and evaluating supplier pe