OMR Bagla Automotive Systems India Purchase Engineer Interview Questions and Answers

P2P process refers to procure-to-pay process which involves all activities from procurement to payment.

• P2P process involves requisitioning, purchasing, receiving, invoicing, and payment

• It is a cycle that starts with identifying the need for a product or service and ends with payment to the supplier

• It helps organizations to streamline their procurement process and reduce costs

• Examples of P2P software include SAP Ariba,

Vendor selection involves evaluating their capabilities, quality, pricing, and delivery time.

• Identify the requirements and specifications

• Research potential vendors and their reputation

• Evaluate vendor capabilities, quality, pricing, and delivery time

• Check vendor's financial stability and legal compliance

• Negotiate terms and conditions

• Establish a long-term relationship with the selected vendor