Oriental Carbon & Chemicals Purchase Officer Interview Questions and Answers

Procurement procedure involves direct, indirect, and project purchases.

• Direct purchase involves buying goods directly from suppliers.

• Indirect purchase involves buying goods through a third party or distributor.

• Project purchase involves procuring goods specifically for a project.

• Procurement procedure includes identifying needs, selecting suppliers, negotiating contracts, and receiving goods.

• Proper documentation and appr

Vendor development procedure involves identifying potential vendors, assessing their capabilities, and establishing relationships for long-term partnerships.

• Identify potential vendors through market research and networking.

• Assess vendor capabilities in terms of quality, cost, delivery, and service.

• Establish relationships with vendors through regular communication and feedback.

• Monitor vendor performance and provide supp...read more