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Indiradev Infotech Interview Questions and Answers
Q1. How to identify a new vendor ??
Identifying a new vendor involves conducting research, evaluating their products/services, checking references, and negotiating terms.
Conduct thorough research on potential vendors
Evaluate the quality of their products/services
Check references and reviews from other clients
Negotiate terms and pricing to ensure a mutually beneficial agreement
Q2. Do you know advanced Excel ?
Yes, I am proficient in advanced Excel including pivot tables, VLOOKUP, and macros.
Proficient in creating and manipulating pivot tables for data analysis
Skilled in using VLOOKUP and other advanced functions for data manipulation
Experience in automating tasks using macros to improve efficiency
Familiar with data visualization techniques using charts and graphs
Q3. Which materials do you Procure??
I procure a variety of materials including office supplies, equipment, technology, and services.
Office supplies such as paper, pens, and folders
Equipment like computers, printers, and furniture
Technology such as software licenses and hardware components
Services like maintenance contracts and consulting agreements
Q4. Explain Procure to Pay process.
Procure to Pay process involves the steps from requisitioning goods/services to making payment to suppliers.
1. Requisition: Identify the need for goods/services.
2. Vendor selection: Choose a supplier based on criteria like price, quality, and delivery time.
3. Purchase order: Create a formal document outlining the details of the purchase.
4. Goods receipt: Receive and inspect the goods/services.
5. Invoice verification: Match the invoice with the purchase order and goods receipt...read more
Q5. Ethics of purchasing professional
Ethics of purchasing professional involves making decisions based on moral principles and values.
Always prioritize honesty and transparency in all purchasing transactions
Avoid conflicts of interest and ensure fair and equal treatment of all suppliers
Adhere to company policies and legal regulations regarding purchasing practices
Consider the environmental and social impact of purchasing decisions
Seek approval from appropriate authorities for high-value or sensitive purchases
Q6. Process of procurement
Procurement process involves acquiring goods or services from external sources.
Identify needs and requirements
Research potential suppliers
Request for proposals or quotes
Evaluate proposals and select supplier
Negotiate terms and finalize contract
Monitor supplier performance
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