Thermax Limited Senior Procurement Buyer Interview Questions and Answers

Q1. Tell me about yourself.
Ans. 
I am a detail-oriented and experienced buyer with a strong background in negotiating contracts and sourcing quality products.
• I have X years of experience in procurement and purchasing roles.

• I am skilled in vendor management and building strong relationships with suppliers.

• I have a proven track record of cost savings through strategic sourcing initiatives.

• I am proficient in analyzing market trends and identifying opport...read more
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Q2. Previous job profile.
Ans. 
I was responsible for managing vendor relationships, negotiating contracts, and analyzing market trends.
• Managed vendor relationships

• Negotiated contracts

• Analyzed market trends
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Q3. Where do you see yourself after 5 years.
Ans. 
In 5 years, I see myself as a senior buyer leading a team, implementing cost-saving strategies, and contributing to company growth.
• Leading a team of buyers and procurement specialists

• Implementing cost-saving strategies through negotiations and vendor management

• Contributing to company growth by identifying new suppliers and optimizing supply chain processes
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Q1. Tell me about yourself.
Ans. 
I am a detail-oriented and experienced buyer with a strong background in negotiating contracts and sourcing products.
• Over 5 years of experience in purchasing and procurement

• Skilled in vendor management and cost analysis

• Successfully negotiated contracts resulting in cost savings

• Proficient in sourcing products globally
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Q2. Full job description of the role in my current organisation.
Ans. 
Responsible for sourcing, negotiating, and purchasing goods for the organization.
• Sourcing suppliers for raw materials and finished goods

• Negotiating prices and contracts with vendors

• Managing inventory levels to ensure timely delivery

• Collaborating with internal departments to determine purchasing needs
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Q3. Procurement process.
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Related to my Procurement profile a case was given where three situation were mentioned and how I'll handle it by my own.