Senior Procurement Buyer

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Senior Procurement Buyer Interview Questions and Answers

Updated 22 Aug 2023

Q1. explain RFQ RFQ, how to negototiate with vendors

Ans.

RFQ stands for Request for Quotation. Negotiating with vendors involves discussing terms, pricing, and conditions to reach a mutually beneficial agreement.

  • Prepare a detailed RFQ document outlining your requirements, specifications, and expectations.

  • Review vendor proposals and compare pricing, quality, and delivery timelines.

  • Engage in open communication with vendors to discuss terms, negotiate pricing, and address any concerns or issues.

  • Seek concessions or discounts based on v...read more

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