Ivalua Solution Consultant Interview Questions and Answers

Sourcing is the process of finding, evaluating, and selecting suppliers to provide goods or services.

• Identifying potential suppliers

• Evaluating supplier capabilities and performance

• Negotiating contracts and terms

• Managing supplier relationships

• Ensuring timely delivery and quality of goods/services

Data analysis methods involve various techniques to analyze and interpret data to derive insights and make informed decisions.

• Data visualization using charts, graphs, and dashboards

• Statistical analysis to identify patterns and trends

• Machine learning algorithms for predictive analytics

• Data mining to discover hidden patterns and relationships

• Text analysis for sentiment analysis and topic modeling