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WorksheetsPRC ANALYTICS
Total questions: 15
Worksheet time: 17mins
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
What is Procurement Opex cost while calculating KPI of Return on Procurement (ROP)?
Total actual departmental operational expenses of the Procurement team
Amount of taxes paid for procurement
Overall manufacturing overhead cost
20% of total spend amount
What do we consider as preferential payment terms?
Payment in 60 Days or more
Discount or pay later after 60 days
Discount and pay later after 60 days
Cash Discount or pay later after 45 Days
In case of indirect spend, when a transaction is called as “PO after the fact (POATF)”?
Vendor invoice was posted after the purchase order creation
Purchase order was created before vendor invoice
No purchase order only vendor invoice
Purchase order was created afer receiving a vendor invoice
In a monthly reporting cycle, when a savings project will be considered as implemented savings?
Project is in Execution phase and has Active Status
Project is appoved
Project is in Ideation phase and has Active Status
Project is in Execution phase and has Implemented Status alongwith finance approval
Where to find the analytics/peformance measurement guidelines for future reference?
RoDIS Report Publishing Service in compliance folder
Local Policy Folder shared by an HR
Global Procurement G-Site under Business Process Management
All of the mentioned options
