Purchase Executive Question:
Basic 10 Purchase Executive Interview Questions:
Answer:
☛ 1. How will you go about determining this company’s purchasing patterns?
☛ 2. If we buy a customized product from a single source, how will you know if the price is fair?
☛ 3. All we have is raw purchasing transaction information. What can you do to make sense of it?
☛ 4. How do you define cost savings in a way that will be embraced by executive management?
☛ 5. What factors would you consider if you had to produce cost savings in a short time frame?
☛ 6. What process do you go through when conducting a sourcing initiative?
☛ 7. How do you decide if you need a contract for a purchase or not?
☛ 8. What are some appropriate remedies for a supplier’s failure to perform?
☛ 9. How can we reduce our risk through better contract language?
☛ 10. What tools do you use to keep track of progress on your projects?
☛ 2. If we buy a customized product from a single source, how will you know if the price is fair?
☛ 3. All we have is raw purchasing transaction information. What can you do to make sense of it?
☛ 4. How do you define cost savings in a way that will be embraced by executive management?
☛ 5. What factors would you consider if you had to produce cost savings in a short time frame?
☛ 6. What process do you go through when conducting a sourcing initiative?
☛ 7. How do you decide if you need a contract for a purchase or not?
☛ 8. What are some appropriate remedies for a supplier’s failure to perform?
☛ 9. How can we reduce our risk through better contract language?
☛ 10. What tools do you use to keep track of progress on your projects?