Mechanical Procurement Engineer

Mechanical Procurement Engineer Interview Questions and Answers

Updated 13 Jul 2024

Q1. Business cycle of the procurement

Ans.

The business cycle of procurement involves identifying needs, sourcing suppliers, negotiating contracts, placing orders, receiving goods/services, and evaluating performance.

  • Identifying needs: Assessing what goods/services are required and in what quantity.

  • Sourcing suppliers: Researching potential suppliers, obtaining quotes, and evaluating capabilities.

  • Negotiating contracts: Discussing terms and conditions, pricing, and delivery schedules.

  • Placing orders: Creating purchase or...read more

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