Important Question & answer for Supply Chain Management Recruitment

Important Question & answer for Supply Chain Management Recruitment

Questions:

1.       What is the basic difference between procurement management and supply chain management?

2.       For a transparent procurement management, what are the steps you need to follow?

3.   What are the present job responsibilities you are currently performing as a procurement officer in your company?

Answering three questions are written bellow:

1.    Basic difference between procurement management and supply chain management.

*Procurement is the act of buying goods, services or works from an external source. Procurement management also established standards of purchases quality, financing purchases, negotiating price, buying goods, inventory control and disposal of waste products like packaging.

*Supply chain management is a system or activities of moving a product or service from supplier to customer. Supply chain activities involve the transformation of natural resources, raw materials, and components into a finished product that is delivered to the final customer.

*To explain the difference between Supply Chain and Procurement let us use the "chair" analogy. Supply chain is seen as the entire chair and Procurement and its subsections like Sourcing are seen as the legs in support.

2.     For a transparent procurement management. The steps need to follow.

*Procurement transactions and decisions must in all respects be fair, equitable and ensure value for money. Management authorities must be able to justify decisions made and actions taken.

*Must ensure appropriate separation of duties within the procurement cycle.

*Compare every tender or proposal

*Ordering to the best suppliers and receiving goods by quality checking.

*Scrutiny all purchase document.

3.     My present job responsibilities.

* Collect requisition from every department,

*Making plan & reporting all information about purchasing.

*Collect quotation from suppliers and analyzing best offer.

*Submit best offers to high authorities for confirmation,

*Buying goods from market or suppliers and request to quality division for checking product.

* Ensuring stores have enough stock, Monitoring stock levels.

* Responsible for preparing daily, monthly purchase and stock statements and reporting to superior authority/management.

* Drafting e-mail, forwarding letter, prepare and provide daily/weekly/monthly reports to higher management.