TCS Procurement Lead Interview Questions and Answers

Basic aptitude normal level

Q1. What is procurement
Ans. 
Procurement is the process of acquiring goods or services from external sources.
• Involves sourcing, negotiating, and purchasing goods or services

• Focuses on obtaining the best quality at the best price

• Includes supplier relationship management and contract management

• Examples: Request for Proposal (RFP), Request for Quotation (RFQ), vendor selection
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Q2. What P2P cycle
Ans. 
The P2P cycle refers to the Procure-to-Pay cycle, which involves the steps from requisition to payment for goods or services.
• The cycle typically starts with a requisition for goods or services

• Next, the procurement team identifies potential suppliers and requests quotes or proposals

• Once a supplier is selected, a purchase order is created and sent to the supplier

• Goods or services are received and inspected upon delivery

• I...read more
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Q3. What is base of supply chain
Ans. 
The base of the supply chain refers to the starting point of the flow of goods and services through the chain.
• The base of the supply chain typically includes raw material suppliers or manufacturers.

• It is where the production process begins before moving on to distribution and ultimately reaching the end consumer.

• Efficient management of the base of the supply chain is crucial for ensuring timely and cost-effective deliv...read more
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Q4. Some (1-2) situation reaction questions
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Q1. Salary discussion
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Q2. When I can join
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Q1. Process of procurement
Ans. 
Procurement process involves identifying needs, sourcing suppliers, negotiating contracts, and managing supplier relationships.
• Identifying needs and requirements

• Sourcing potential suppliers

• Negotiating terms and contracts

• Managing supplier relationships

• Ensuring compliance with regulations and policies
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Q2. Evaluation of vendors
Ans. 
Evaluation of vendors involves assessing their performance, capabilities, and reliability to ensure they meet the organization's needs.
• Assess vendor's track record and reputation

• Evaluate vendor's financial stability and resources

• Consider vendor's quality of products or services

• Assess vendor's responsiveness and communication

• Compare vendor's pricing and terms with competitors

• Review vendor's compliance with regulations a
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Q1. Just know about yourself,your strength, weakness, Why they hired you Ful knowledge about company
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Q2. Tell me about your self ?basic knowledge about your profile
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Q3. Why they hired you
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Q4. Salary discussion
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Q1. Salary discussion
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Q1. 1st round of Interview was for personal information and discussion related to my experience
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Q1. More about the process you work
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Q1. Technical question and situation question like what is your weakness & how will you over come
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Basic aptitude test, logical reasoning, English grammar

Q1. Resume screening, tell me about yourself, why you leave prev company? salary expectations?
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Q2. Family, education background, skills
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Q1. Direct indirect procurement
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Q2. Material resource planning (MRP)
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Q1. Salary expectation
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Q2. Working with shift
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Q1. General P2P process questions.
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Q1. Senior managers/Account directors rounds
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