Purchasing Manager Question:

► How will you go about determining this company's purchasing patterns?
► If we buy a customized product from a single source, how will you know if the price is fair?
► All we have is raw purchasing transaction information. What can you do to make sense of it?
► How do you define cost savings in a way that will be embraced by executive management?
► What factors would you consider if you had to produce cost savings in a short time frame?
► What process do you go through when conducting a sourcing initiative?
► How do you decide if you need a contract for a purchase or not?
► What are some appropriate remedies for a supplier's failure to perform?
► How can we reduce our risk through better contract language?
► What tools do you use to keep track of progress on your projects?
► What techniques do you use to accelerate progress on your projects?