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IBM Procurement Analyst Interview Questions, Process, and Tips
Top IBM Procurement Analyst Interview Questions and Answers
- Q1. What is purchase requestition ?
- Q2. How to validate the po ?
- Q3. Who creats pr and how ?
IBM Procurement Analyst Interview Experiences
2 interviews found
Anonymous
I applied via Referral and was interviewed in Apr 2022. There was 1 interview round.
(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...
- 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...
- 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...
- 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 ...
- 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.
- 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.
...
Interview Preparation Tips
- P2P
- Traction code
- Master Data
- Purchase Order
- Purchase Requisition
(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
- 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
Interview questions from similar companies
Selected
I applied via Approached by Company and was interviewed in Apr 2024. There were 3 interview rounds.
Basic aptitude normal level
(4 Questions)
- Q1. What is procurement
- Ans.
Procurement is the process of acquiring goods or services from external sources.
Involves sourcing, negotiating, and purchasing goods or services
Focuses on obtaining the best quality at the best price
Includes supplier relationship management and contract management
Examples: Request for Proposal (RFP), Request for Quotation (RFQ), vendor selection
- Q2. What P2P cycle
- Ans.
The P2P cycle refers to the Procure-to-Pay cycle, which involves the steps from requisition to payment for goods or services.
The cycle typically starts with a requisition for goods or services
Next, the procurement team identifies potential suppliers and requests quotes or proposals
Once a supplier is selected, a purchase order is created and sent to the supplier
Goods or services are received and inspected upon delivery
I...
- Q3. What is base of supply chain
- Ans.
The base of the supply chain refers to the starting point of the flow of goods and services through the chain.
The base of the supply chain typically includes raw material suppliers or manufacturers.
It is where the production process begins before moving on to distribution and ultimately reaching the end consumer.
Efficient management of the base of the supply chain is crucial for ensuring timely and cost-effective deliv...
- Q4. Some (1-2) situation reaction questions
(2 Questions)
- Q1. Salary discussion
- Q2. When I can join
Interview Preparation Tips
VANDANA RAWAT
(2 Questions)
- Q1. Direct indirect procurement
- Q2. Material resource planning (MRP)
(2 Questions)
- Q1. Salary expectation
- Q2. Working with shift
Selected
I applied via Referral and was interviewed in Nov 2023. There were 6 interview rounds.
(1 Question)
- Q1. It was about my intro and overall companies experience.
About the overall core experience
The test is about English grammar, reasoning and other Related stuff.
(1 Question)
- Q1. About the excel experience.
(1 Question)
- Q1. Salary discussion
Interview Preparation Tips
(1 Question)
- Q1. Basic questions about work experience
Divya Shree
I applied via Naukri.com and was interviewed before Jan 2024. There were 3 interview rounds.
Accounts payable, procurement operations, invoice processing, procure to pay, procurement
Strategic sourcing, purchase, purchase order, vendor payments, p2p
Vendor development, material management, supply chain
Interview Preparation Tips
Ashok Bcomit
I applied via Company Website and was interviewed in Mar 2022. There was 1 interview round.
(5 Questions)
- Q1. Why are you looking for a change?
- Q2. Tell me about yourself.
- Q3. What are your strengths and weaknesses?
- Q4. What was the toughest subject in your college or school days and how you overcome that subject?
- Ans. I smiled and replied, without hesitation the subject was Income Tax ,initially i really started to scare when one normal problem itself takes 15 to 25 minutes to solve and that damn book have 315 pages , i myself let down and ready for malprcte in the exmhall, but At onetime i just had an idea , is the problem is with us or with the problem!! Lol,, okay, so to overcome this i need a exprnce partner which is news and yo...
- Q5. While doing final project in college as a group how you manage to solve the different opinions arise by your different friends and how u completed your prjct?
- Ans. Basically , I have leadership skill because i was the captain in my basketball team, and i took the role of chairman in my college days , so that wouldn't be a problem for me to solve those things..if they given their opinion first you have to respect and be their side with their opinion and after sometime u have to spoke the disadvantage of the opinion in a tactic manner , so that u can avoid some internal confusion i
Interview Preparation Tips
- Corporate Communication
- Problem Management
My advice to jobseekers , kindly improve ur communication as well as problem solving skill in order to step up in IT field,
First ques in all companies are tell me about yourself so prepare your speech atleast for 2 min , tell them about ur strength and weakness and weakness have to comes under the work ethic category which is "i have a problem of putting too much details in the presentation" .
Selected
I applied via Walk-in and was interviewed before Jul 2023. There were 3 interview rounds.
(1 Question)
- Q1. Tell me about yourself?
Analytics and accounts based questions
(1 Question)
- Q1. Basic Accounting Questions
Selected
I applied via Indeed and was interviewed before Nov 2022. There were 3 interview rounds.
(4 Questions)
- Q1. Basics of Procurement & Buying
- Q2. What is Procurement
- Ans.
Procurement is the process of acquiring goods or services from external sources.
Involves sourcing, negotiating, and purchasing goods or services
Focuses on obtaining the best quality products at the most competitive prices
Includes supplier relationship management and contract management
Examples: Request for Proposal (RFP), Request for Quotation (RFQ), vendor selection
- Q3. What is Sourcing
- Ans.
Sourcing is the process of finding, evaluating, and selecting suppliers to provide goods or services.
Sourcing involves identifying potential suppliers
Evaluating suppliers based on criteria such as quality, price, and reliability
Negotiating contracts and terms with selected suppliers
Managing relationships with suppliers to ensure ongoing supply chain efficiency
Examples: Request for Proposal (RFP), Request for Quotation
- Q4. What is the Volume of transactions handeled in a day
- Ans.
The volume of transactions handled in a day varies depending on the size and complexity of the organization.
The volume of transactions can range from a few dozen to thousands per day.
Factors such as the industry, size of the organization, and procurement processes can impact the volume of transactions.
For example, a small company may handle 50 transactions per day, while a large corporation may handle thousands.
Efficie...
(1 Question)
- Q1. Basic details regarding self
Interview Preparation Tips
- Supply Chain Management
- Procurement
- MIS
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IBM Procurement Analyst Interview Process
based on 1 interview
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