Vera Display and Storage Products Senior Purchase Executive Interview Questions and Answers

In my role as a Senior Purchase Executive, my day to day activities included sourcing suppliers, negotiating contracts, managing inventory levels, and analyzing market trends.

• Sourcing suppliers for raw materials and products

• Negotiating contracts and terms with vendors

• Managing inventory levels to ensure optimal stock levels

• Analyzing market trends and pricing to make informed purchasing decisions

Vendors are selected based on factors like quality, price, reliability, and past performance.

• Evaluate vendors based on their product quality and consistency.

• Consider the pricing offered by different vendors and negotiate for the best deal.

• Assess the reliability and reputation of vendors through references and reviews.

• Review past performance of vendors in terms of delivery times and customer satisfaction.

• Conduct site vi...read more

I would emphasize the importance of our ongoing partnership and offer potential solutions to address the payment issue.

• Highlight the long-term benefits of maintaining a strong supplier relationship

• Offer to negotiate a payment plan or schedule to address the pending payments

• Provide reassurance that the payments will be made and discuss any potential delays

• Express gratitude for their continued support and cooperation

• Expl...read more