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Help with a procurement assignment as part of a job interview

Procurement
Most recent answer on Dec 06, 2023
The best answer (on Nov 30, 2023) is from:
Dennis
Expert
Ex-Roland Berger|Project Manager and Recruiter|7+ years of consulting experience in USA and Europe
Dennis
Expert
gave the best answer on Nov 30, 2023
Ex-Roland Berger|Project Manager and Recruiter|7+ years of consulting experience in USA and Europe
Hi, if the task was to develop an approach and then point out what is missing to make it actionable, then you probably solved the right problem. The aspect of partial or missing info could have also been part of the tes ... (read entire answer)
8
Answers
321
Views
60
Total Upvotes
on Dec 06, 2023 on Dec 06, 2023
Last Activity

How would you best approach this question? any tips?

consulting Procurement
Most recent answer on Nov 27, 2023
The best answer (on Nov 20, 2023) is from:
Raj
Expert
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
Raj
Expert
gave the best answer on Nov 20, 2023
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
In approaching this question, I would recommend following a structured framework to address the objectives of the Chief Procurement Officer (CPO). Here's how I would approach it: Start with an introduction: Begin by bri ... (read entire answer)
5
Answers
532
Views
37
Total Upvotes
on Nov 27, 2023 on Nov 27, 2023
Last Activity

Procurement Analyst - Technical Experience Interview

Procurement
Most recent answer on Jan 28, 2023
The best answer (on Jan 28, 2023) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Jan 28, 2023
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi Marc! This is really a subset of operations Remember for procurement/supply chain, first you need to ask objective. In general this will either be "Reducing Costs" or "Fixing/Optimizing Production" Within Reducing Co ... (read entire answer)
3
Answers
763
Views
26
Total Upvotes
on Jan 28, 2023 on Jan 28, 2023
Last Activity

Efficio - excel-based case study

Excel case study Procurement supply chain
Most recent answer on Aug 02, 2022
The best answer (on Nov 22, 2021) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Nov 22, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, The answer for any interview in regards to “should I prepare” is yes :) Unfortunately I don't know much about Efficio (imagine that, a coach confessing ignorance!), but a quick google led me to understand the ... (read entire answer)
7
Answers
4.8 k
Views
17
Total Upvotes
on Aug 02, 2022 on Aug 02, 2022
Last Activity

Deloitte Procurement Fraud Case Study - YourTech

Procurement
Most recent answer on Mar 16, 2022
The best answer (on Mar 16, 2022) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Mar 16, 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, I spent 4 years  IT Consulting experience and have designed and built multiple large-scale databases (some at more than 100 tables). Feel free to reach out for support here. This can't be answered in a Q&A ... (read entire answer)
1
Answer
906
Views
1
Total Upvotes
on Mar 16, 2022 on Mar 16, 2022
Last Activity

Case Procurement

Cases Procurement
Most recent answer on Jan 14, 2022
The best answer (on Jan 13, 2022) is from:
Hagen
Expert
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hagen
Expert
gave the best answer on Jan 13, 2022
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hallo, Dies ist in der Tat eine interessante Frage, die wahrscheinlich für eine ganze Reihe von Nutzern relevant ist, weshalb ich gerne meine Sichtweise dazu darlege: Grundsätzlich handelt es sich hierbei weniger um ein ... (read entire answer)
3
Answers
899
Views
16
Total Upvotes
on Jan 14, 2022 on Jan 14, 2022
Last Activity

Procurement / Inverto

Inverto Procurement
Most recent answer on Jan 13, 2022
The best answer (on Jan 13, 2022) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Jan 13, 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi Alexandra, Send me a message and I can provide you with a few good ones and/or case you in them! Remember for procurement/supply chain, first you need to ask objective. In general this will either be "Reducing Costs" ... (read entire answer)
2
Answers
1.1 k
Views
39
Total Upvotes
on Jan 13, 2022 on Jan 13, 2022
Last Activity

anyone has insights on the Mck Procurement service line?

Procurement
Most recent answer on Feb 09, 2021
The best answer (on Feb 09, 2021) is from:
Vlad
Expert
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Expert
gave the best answer on Feb 09, 2021
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, 80% of the cases will be standard McKinsey cases. By standard, I mean that they'll include various industries and various case types (Market entry, product, ops, public sector, market-sizing, etc) You might have ... (read entire answer)
8
Answers
999
Views
77
Total Upvotes
on Feb 09, 2021 on Feb 09, 2021
Last Activity

BCG Inverto Practice Cases

Inverto Procurement
Most recent answer on Jun 04, 2020
The best answer (on Jun 04, 2020) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Jun 04, 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, You will be very hard pressed to find specific Inverto cases. Rather, I recommend you search for cases in the areas in which Inverto specializes! You might find some cases here: https://www.preplounge.co ... (read entire answer)
1
Answer
3.3 k
Views
1
Total Upvotes
on Jun 04, 2020 on Jun 04, 2020
Last Activity

Procurement/Supply Chain Cases

Procurement supply chain
Most recent answer on May 05, 2020
The best answer (on May 04, 2020) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on May 04, 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi Marc! This is really a subset of operations Remember for procurement/supply chain, first you need to ask objective. In general this will either be "Reducing Costs" or "Fixing/Optimizing Production" Within Reduc ... (read entire answer)
3
Answers
12.7 k
Views
18
Total Upvotes
on May 05, 2020 on May 05, 2020
Last Activity
10 results

Consulting Q&A – Ask Questions about Your Career

In this overview, you will find all the questions asked so far by the PrepLounge community. Anyone can ask questions and write answers. Our coaches are also happy to share their expertise. If you like an answer, give it an upvote so that it rises to the top. Here you can also find our guidelines and FAQs for the Consulting Q&A.

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