Planning and Purchase Engineer
Planning and Purchase Engineer Interview Questions and Answers
Q1. How you do purchase planning. What is process of vendor development in company?
Purchase planning involves forecasting demand, identifying suppliers, negotiating contracts, and ensuring timely delivery. Vendor development process includes identifying potential vendors, evaluating their capabilities, and establishing long-term relationships.
Forecast demand based on historical data and market trends
Identify potential suppliers through market research and referrals
Negotiate contracts to secure favorable terms and pricing
Ensure timely delivery by monitoring ...read more
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