Have you ever wondered what procurement interview questions are always asked by companies these days? If you’re aiming to get hired as a procurement manager, information such as these should be a big help. Not only will you be prepared for the interview, but you will also feel confident about doing so.
For this article, we are going to discuss the top 28 procurement interview questions that you’ll most likely encounter during your application process. We’ll discuss why each question is important and how to answer the questions properly.
After reading this article, you’ll be answering those procurement interview questions without problems!
Interview Questions for Procurement Analysts:
- Can you describe your approach to identifying potential suppliers? …
- How do you go about preparing a procurement cost-benefit analysis? …
- Which challenges have you faced with vendors and how did you overcome them? …
- Which procurement software would you recommend?
Can you tell us a bit about yourself?
Often the first question, but not necessarily an icebreaker. You should focus on your strengths right from the start, strengths relevant to the job. Any former experience you have with data analysis or time rows analysis, with preparing reports and negotiating with anyone, is definitely a relevant strengths. So is your excellent attention to detail, responsibility, your amazing communication skills, and perhaps even your field of study, as long as it has anything to do with Math, Statistics, or Financial Analysis.
Of course, personal preferences play a role in every interview, and I suggest you to mention something from your personal life as well, such as hobby you have, or whether you have a family. Show the hiring managers that you have a life outside of work, and something which will help you balance the long hours spent in front of a computer screen (which will be your daily bread in this work).
Why do you want to work as a Procurement Analyst?
I suggest you to focus on a few crucial areas. First one, your skills and experience, and how they make from you a good fit for the position. You can mention analytical skills, Math skills, ability to see important numbers in-between the lines, and so on. What’s more, if you’ve done something in procurement or data analysis before, it is logical that you want to continue following the same career path.
Second thing is importance of the procurement process. You know how thin the profit margins are today, and what an impact a procurement department can have on the eventual profit of the business. You want to have an impact–a positive one of course, and have no doubt that your career in the field will allow you do have such an impact.
Last but not least, you can talk about your career goals. Perhaps you’d love to lead the entire procurement department one day. Before it happens, however, you have to gain experience and learn the ins and outs of the procurement process. Job of an analyst seems an ideal position to do so.
Glassdoor
Attendi mentre verifichiamo che sei una persona reale. Il tuo contenuto verrà visualizzato a breve. Se continui a visualizzare questo messaggio, invia unemail allindirizzo per informarci del problema.
Attendi mentre verifichiamo che sei una persona reale. Il tuo contenuto verrà visualizzato a breve. Se continui a visualizzare questo messaggio, invia unemail allindirizzo per informarci del problema.
Attendi mentre verifichiamo che sei una persona reale. Il tuo contenuto verrà visualizzato a breve. Se continui a visualizzare questo messaggio, invia unemail allindirizzo per informarci del problema.
Attendi mentre verifichiamo che sei una persona reale. Il tuo contenuto verrà visualizzato a breve. Se continui a visualizzare questo messaggio, invia unemail allindirizzo per informarci del problema.
Attendi mentre verifichiamo che sei una persona reale. Il tuo contenuto verrà visualizzato a breve. Se continui a visualizzare questo messaggio, invia unemail allindirizzo per informarci del problema.
Procurement Interview Questions and Answers Guide:
For a detailed answer please read my frequently read and quoted blog STRATEGIC SOURCING VS. PURCHASING – 7 KEY DIFFERENCES
The short answer of this question is as follows:
One of the key difference of Strategic Sourcing in contrast to conventional purchasing is that it extends beyond purchasing and focuses on converging and sustaining the buyer-supplier-relationships (Skjøtt-Larsen & Schary, 2001). The objective is to leverage them, exploit their capabilities, integrate and complement the core competencies of the various partners in the supply chain (interdependence) so as to provide value and cost efficiencies and uniqueness for the customer.
And you read the comparison between PURCHASING VS PROCUREMENT – KEY DIFFERENCES, to substantiate the above answer.
Procurement Interview Questions – Why Do You Need to Know?
If you were given the answer keys to an exam that you were scheduled to take a few days from now, then what would you feel? You’d feel ecstatic, that’s what!
You’ll get the same feeling once you already have a clue as to what the interview questions are going to be a few days before the said meeting. You can also prepare how to answer those questions. Of course, you still need to prepare for the interview, since no amount of knowledge can match the confidence and wit of a person who can handle a good interview.
So if you’re feeling especially nervous about how to handle those interview questions, we have a special course for that. Our Negotiation Gamechanger course will not just teach you how to answer those questions, but will also teach you how to negotiate for a good salary rate!
