Procurement Manager Interview Questions and Answers for Freshers

BOQ specifications for interior fit out projects include detailed breakdown of materials, quantities, and costs.

• BOQ (Bill of Quantities) should include detailed list of materials required for the project

• Quantities of each material should be specified to ensure accurate costing

• Costs should be broken down for each item to provide transparency in pricing

• BOQ should be prepared based on the project design and specifications

• Example: BOQ for interior fit out project may include item...read more

Handling procurement involves strategic sourcing, supplier management, contract negotiation, and cost optimization.

• Developing and implementing procurement strategies to meet business objectives

• Identifying and evaluating potential suppliers

• Negotiating contracts and terms with suppliers

• Managing supplier relationships and performance

• Optimizing costs while maintaining quality and compliance

• Utilizing technology and data analytics for better decision-making

• Ensuring compliance with ...read more

The process of procurement 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 company policies