PRC ANALYTICS

What is the JCC?

• Job Center Code

• Joint Commodity Code

• Joint Community Code

• Job Commodity Code

Which IT tool is used as a data source for creating reports?

• SmartProcure

• Compass

• RoDIS

• MS Excel

Spend is defined as the aggregated monetary value of invoices and credit notes received from Suppliers, net of indirect tax such as VAT/GST. When the spend is actually recorded?

• After receiving goods/services

• After posting an invoice from a vendor in accounting

• After paying the vendor the agreed amount

• On the date mentioned on the vendor invoice

Which of the following in Non-addressable/Non-sourceable spend?

• Buying Raw Material / Services

• Paying office rent

• Spend done for promotional activities

• Spend done for sponsorship, donation, Govt. Authorities, Employee benefits

Which is the official reporting currency for RDC?

• Euros (EUR)

• American Dollars (USD)

• Swiss Francs (CHF)

• Local Currency of Company (LC)

Which exchange rate (Fx) is used for reporting purpose?

• Planned exchange rate from RDC Finance Dept

• Real time exchange rate from Google

• Currency market listed on SIX Swiss Exchange

• Exchange rate quoted by RDC Forex Partner

How saving % is calculated?

• (Actual Savings/Spend that would have been without procurement negotiation) * 100

• (Actual Savings / Extrapolated Spend) * 100

• (Actual Savings / Addressable Spend) * 100

• (Negotiated Savings / Negotiated Spend) * 100

What are the two types of savings?

• “P&L Capability” and “Financial Flexibility”

• “P&L Opportunity” and “Financial Flexibility”

• “P&L Opportunity” and “Financial Profitability”

• “P&L Savings” and “Financial Savings”

  If someone wants to report savings under the category of “avoidance of rate increase” then what is the maximum savings % that can be reported without written approval from Performance Manager and Finance.

• 7.5%

• 10%

• 12.5%

• 15%

When savings can NOT be reported?

• Contract is signed with a vendor or Vendor issued an Invoice

• Purchase Order (PO) is placed

• Verbal mutual understanding with a vendor

• Credit Note/ Rebate is received