Vendor Development and Purchase Engineer

Vendor Development and Purchase Engineer Interview Questions and Answers

Updated 18 Oct 2023

Q1. What is the vendor development. What strategies your are using for negotiation. How much vendor have you developed in ur current role. Tell me P2P process. What is subcontracting. Explain PPAP process. Telle ke...

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Ans.

Vendor development is the process of identifying, evaluating, and building relationships with suppliers to ensure quality, cost-effectiveness, and reliability.

  • Vendor development involves identifying potential suppliers through market research and referrals.

  • Negotiation strategies include understanding market trends, setting clear objectives, and building long-term partnerships.

  • In my current role, I have developed relationships with 10 vendors for various products and services....read more

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