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IBM Procurement Analyst Interview Questions, Process, and Tips

Updated 26 Jul 2024

Top IBM Procurement Analyst Interview Questions and Answers

View all 8 questions

IBM Procurement Analyst Interview Experiences

2 interviews found

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Process of procurement
  • Ans. 

    Procurement process involves identifying needs, sourcing suppliers, negotiating contracts, and managing supplier relationships.

    • Identifying needs and requirements

    • Sourcing potential suppliers

    • Negotiating terms and contracts

    • Managing supplier relationships

    • Ensuring compliance with regulations and policies

  • Answered by AI
  • Q2. Evaluation of vendors
  • Ans. 

    Evaluation of vendors involves assessing their performance, capabilities, and reliability to ensure they meet the organization's needs.

    • Assess vendor's track record and reputation

    • Evaluate vendor's financial stability and resources

    • Consider vendor's quality of products or services

    • Assess vendor's responsiveness and communication

    • Compare vendor's pricing and terms with competitors

    • Review vendor's compliance with regulations a

  • Answered by AI

I applied via Referral and was interviewed in Apr 2022. There was 1 interview round.

Round 1 - One-on-one 

(7 Questions)

  • Q1. Tell me about your self ?
  • Q2. What is purchase order ?
  • Ans. 

    A purchase order is a document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.

    • It is a legal document that outlines the details of a purchase agreement between a buyer and a seller.

    • It includes information such as the product or service being purchased, the quantity, the agreed-upon price, and delivery date.

    • It serves as a contract between the buyer and seller, ensu...

  • Answered by AI
  • Q3. What is purchase requestition ?
  • Ans. 

    A purchase requisition is a document used to request goods or services from a supplier.

    • It is a formal request for procurement of goods or services.

    • It includes details such as quantity, description, and estimated cost.

    • It is typically initiated by a department or individual within an organization.

    • It is used to obtain approval for the purchase before it is made.

    • It is an important part of the procurement process.

    • Example: A...

  • Answered by AI
  • Q4. How to validate the po ?
  • Ans. 

    To validate a PO, check for accuracy, completeness, and compliance with procurement policies.

    • Verify that the PO number matches the one in the system

    • Ensure that the vendor information is correct

    • Check that the items ordered match the specifications and quantities requested

    • Confirm that the prices are accurate and in line with the budget

    • Ensure that the PO is authorized and approved by the appropriate personnel

    • Check that th...

  • Answered by AI
  • Q5. Mention 5 key fileds in pr ??
  • Ans. 

    The 5 key fields in PR are supplier management, contract management, sourcing, negotiation, and spend analysis.

    • Supplier management involves identifying and managing suppliers to ensure timely delivery of goods and services.

    • Contract management involves creating and managing contracts with suppliers to ensure compliance and minimize risk.

    • Sourcing involves identifying potential suppliers and evaluating their capabilities ...

  • Answered by AI
  • Q6. Who creats pr and how ?
  • Ans. 

    PR is created by the PR department or agency, in collaboration with the relevant stakeholders.

    • PR department or agency is responsible for creating PR

    • Collaboration with relevant stakeholders is necessary

    • PR creation involves identifying target audience, crafting key messages, and selecting appropriate channels

    • PR can be created for various purposes such as brand awareness, crisis management, product launches, etc.

  • Answered by AI
  • Q7. Explain p2p cycle with example?
  • Ans. 

    P2P cycle refers to the procurement process from purchase to payment.

    • The cycle starts with identifying the need for a product or service.

    • A purchase order is then created and sent to the supplier.

    • The supplier delivers the product or service and sends an invoice.

    • The invoice is matched with the purchase order and goods receipt.

    • If everything matches, the invoice is approved for payment.

    • Payment is then made to the supplier.

    • ...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for IBM Procurement Analyst interview:
  • P2P
  • Traction code
  • Master Data
  • Purchase Order
  • Purchase Requisition
Interview preparation tips for other job seekers - Dress up with formal because first impression is best impression and Answer all question with having smile on face and while Anwering interview question get involved in subject.

Procurement Analyst Interview Questions Asked at Other Companies

asked in Accenture
Q1. Explain P2P cycle, SAP TCodes used in P2P cycle, what is strategi ... read more
asked in IBM
Q2. What is purchase requestition ?
asked in IBM
Q3. How to validate the po ?
asked in Accenture
Q4. What is the Volume of transactions handeled in a day
asked in IBM
Q5. Who creats pr and how ?

Interview questions from similar companies

Interview Questionnaire 

1 Question

  • Q1. Where do you see yourself after 5 years from now

Interview Questionnaire 

1 Question

  • Q1. Who is the most important person have to transform you in your life?

Interview Preparation Tips

Interview preparation tips for other job seekers - Just speak your mind you will be selected.

Interview Questionnaire 

1 Question

  • Q1. How to use visio
  • Ans. 

    Visio is a diagramming tool used to create flowcharts, diagrams, and other visual representations of data.

    • Start by selecting a template or creating a new document

    • Drag and drop shapes onto the canvas and connect them with lines or arrows

    • Add text, images, and other elements to enhance the diagram

    • Use the formatting tools to customize the appearance of the diagram

    • Save and export the diagram in various formats such as PDF o

  • Answered by AI

I applied via Campus Placement and was interviewed before Oct 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Technical 

(2 Questions)

  • Q1. What are derivatives?
  • Ans. 

    Derivatives are financial contracts that derive their value from an underlying asset or security.

    • Derivatives can be used for hedging or speculation.

    • Examples include futures, options, swaps, and forwards.

    • Derivatives can be traded on exchanges or over-the-counter.

    • Derivatives can be complex and carry significant risk.

    • Derivatives played a role in the 2008 financial crisis.

  • Answered by AI
  • Q2. Different types of derivatives
  • Ans. 

    Derivatives are financial instruments whose value is derived from an underlying asset or security.

    • Futures contracts

    • Options contracts

    • Swaps

    • Forwards contracts

    • Credit derivatives

    • Interest rate derivatives

    • Currency derivatives

    • Commodity derivatives

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prep for basic questions related to finance and marketing.

Interview Questionnaire 

1 Question

  • Q1. 1. Process related questions on Scrum and Agile methodologies were asked.

I applied via Campus Placement and was interviewed in May 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Why shud I hire u

Interview Preparation Tips

Interview preparation tips for other job seekers - Be strong and motive

Interview Questionnaire 

4 Questions

  • Q1. Kepler first law
  • Q2. The orbit of a planet is an ellipse with the sun at one of the foci
  • Ans. 

    The orbit of a planet is an ellipse with the sun at one of the foci.

    • An ellipse is a closed curve with two foci.

    • The sun is located at one of the foci of a planet's elliptical orbit.

    • The shape of the orbit affects the planet's distance from the sun over time.

    • Kepler's laws of planetary motion describe the elliptical nature of orbits.

  • Answered by AI
  • Q3. Kepler second law
  • Q4. The line joining the planet and the sun sweeps equal areas

Interview Preparation Tips

Interview preparation tips for other job seekers - Nice

Interview Questionnaire 

1 Question

  • Q1. I want work from home job you can give interview online
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IBM Interview FAQs

How many rounds are there in IBM Procurement Analyst interview?
IBM interview process usually has 1 rounds. The most common rounds in the IBM interview process are One-on-one Round and Technical.
What are the top questions asked in IBM Procurement Analyst interview?

Some of the top questions asked at the IBM Procurement Analyst interview -

  1. What is purchase requestitio...read more
  2. How to validate the p...read more
  3. Who creats pr and ho...read more

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IBM Procurement Analyst Interview Process

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Interview experience

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IBM Procurement Analyst Salary
based on 94 salaries
₹1.9 L/yr - ₹8 L/yr
30% less than the average Procurement Analyst Salary in India
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based on 8 reviews

3.7/5

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4.9

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4.3

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4.0

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