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I would try to negotiate and find a middle ground that is acceptable to both parties.
Review the terms and conditions to see if any adjustments can be made
Communicate with the seller to understand their concerns and reasons for not agreeing
Offer alternative solutions or compromises
Consider seeking input from a third party mediator if necessary
I handle a procurement spend of $X per year.
The procurement spend I handle varies depending on the company's needs and budget.
I have experience handling procurement spends ranging from $1 million to $100 million per year.
I work closely with the finance team to ensure that the procurement spend is within budget and aligned with the company's goals.
I constantly look for ways to optimize the procurement process and reduce...
Top trending discussions
posted on 13 Jan 2025
I applied via Naukri.com and was interviewed in Dec 2024. There were 2 interview rounds.
posted on 19 Jun 2024
It's very important roll from purchase department complete the assignments in time .
You have to prove yourself
posted on 14 Aug 2023
I applied via Recruitment Consulltant and was interviewed before Aug 2022. There were 3 interview rounds.
Hypothetical situation to select the perfect prodsuct
Quality is preferred over price in most cases. Vendors can be enticed to reduce price through negotiation, long-term partnerships, and bulk orders.
Emphasize the importance of quality in the products or services being purchased
Negotiate with vendors to find a win-win solution that includes a balance of quality and price
Offer long-term partnerships to vendors in exchange for reduced prices
Place bulk orders to leverage vo...
To procure below budget, negotiate with suppliers, explore alternative options, and consolidate purchases.
Negotiate with suppliers for better prices
Explore alternative suppliers or options
Consolidate purchases to get bulk discounts
Monitor market trends for price fluctuations
Set clear budget goals and stick to them
One should never engage in unethical behavior, even if it is technically legal.
Always prioritize ethical conduct over legal loopholes
Consult with legal and ethical experts if unsure about a decision
Consider the long-term consequences of unethical actions
Seek alternative solutions that align with ethical standards
posted on 17 Sep 2022
I applied via Recruitment Consulltant and was interviewed in Mar 2022. There were 2 interview rounds.
posted on 29 Jul 2023
I applied via Approached by Company and was interviewed before Jul 2022. There were 3 interview rounds.
I control inventory and resources by implementing efficient inventory management systems, conducting regular audits, optimizing reorder points, and utilizing technology.
Implementing efficient inventory management systems to track and manage inventory levels
Conducting regular audits to identify any discrepancies or inefficiencies in inventory management
Optimizing reorder points to ensure timely replenishment of inventor...
I applied via Company Website and was interviewed before Nov 2021. There were 4 interview rounds.
posted on 1 Feb 2022
I applied via Walk-in and was interviewed before Feb 2021. There were 4 interview rounds.
The purchase department is responsible for procuring goods and services for the organization.
Sourcing and selecting suppliers
Negotiating prices and terms
Managing inventory levels
Ensuring timely delivery of goods
Maintaining records of purchases
Evaluating supplier performance
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