Procurement Quiz

What is the first action required when there is a need to purchase?

• Seeking Confirmation of Purchasing

• Sourcing for Supplier

• Raising a Purchase Order (PO)

• Seek Procurement Team Assistance

When requesting a quotation from a vendor, what information needs to be included?

• A detailed description of the goods or services needed

• Terms and Conditions of goods or services

• Your Company's contact information

• All of the above

When reviewing quotations, the lowest price is always the best option.

• True

• False

At which point, the vendor can start rendering their services?

• After getting the GOOD TO GO from your supervisor

• After obtaining the signature on the quotation

• After raising PO

• After the issuance and approval of PO

When receiving the goods or services from a vendor, what is the FIRST action that the centre need to do?

• Chop and sign on the Delivery Order (DO) without verificatin

• Conduct a thorough inspection of goods or service evaluation

• Send a thank you note to the vendor

• Immediately get Finance to process payment

Any purchase need MUST source and procure from our existing vendor.

• True

• False

Example: Any goods or services that are above $1000 should be raised under CAPEX/Fixed Asset.

• True

• False

Example: Floorplan submission to SCDF that cost more than $5,000 should be raised under General Expenses.

• True

• False