WorksheetsProcurement Policy
Total questions: 10
Worksheet time: 5mins
We are responsible and hold joint accountability with the business lead for the execution of the sourcing process for N26 stakeholders, such as:
⚠️ potential multiple answers..
External market testing (RFI, RFQ, RFP)
Contract re-negotiations
Fair value assessments
Provide a Legal assessment for any service provider
Sourcing Team’s Purpose as an internal service provider at N26, is to deliver business value and third-party risk compliance, through which of the following functions?
Probity & compliance
Providing objectivity
Achieving fair value
All of them
What Sourcing DO NOT do ?
⚠️ potential multiple answers
Provide Legal assessment
Make decisions
Approve TPRA
Find the best goods/service
Original copies of Contracts, Purchase Orders and Invoices
should be kept for _ years?
10
15
5
7
Who can overrule the Sourcing decision on the Vendor Selection ?
⚠️ unique answer
Business Owners
2LoD
Managing Directors
Hamish
What do we need from our stakeholders during sourcing process?
Clear requirements for the solution
Agreed timing for the initiative
Understanding of budget requirements / limitations
All of them
In which of the following countries the N26 Procurement Policy applies?
(multiple answers)
🇩🇪
🇰🇷
🇧🇷
🇮🇹
All of them
In which of the following situations are we allowed to split Contracts/Orders?
E.g. (2 x €50k, instead of 1 x €100k contract)
To avoid a shortage
After a "Book it !" Slack from AW
None of them
After a "Book it !" Slack from HK
Who needs to approve a €38 750.57 Purchase Order ?
*VAT excluded
⚠️ potential multiple answers
Requester's manager
Cost Center Manager
C-Level
Founder
Who can overrule the Sourcing decision on the Vendor Selection ?
⚠️ unique answer
Business Owners
2LoD
Managing Directors
Head of Sourcing (Hamish)
