Test Your Procurement Knowlege

Which of the following is correct? You may select more than one answer

POATF (PO After-The-Fact) is non-compliance to the Procurement Policy

Non-adherence to Sourcing Threshold requires Exception Approval

Roche Standard Payment Term is 30 days

Two Quotations is Required for Purchase value between $20-50k

Who needs to review Agreements before they are signed? Select all that is/are applicable

What are the documents needed for a standard (low risk) vendor set up? Tick all relevant documents

Purchase Engagements above SGD$50k requires 3 competitive bids to be obtained via a RFP (Request For Proposal) led by Procurement. True or False?

True

False

Who can sign Contracts ? You may select more than one answer.

Engagement Owner

Procurement

Power of Attorney (PoA)

Legal & Compliance Head

Who do I contact if I have queries on PR/PO? Invoice & payment status? Where to find contract templates? Where to find New Vendor Setup forms? etc..

Check FAQ (Frequently Asked Questions) Document via RSPL Navigator

Check with Procurement

Check with Finance

We can use Corporate Credit Card to pay for urgent purchase transactions as long as our line manager approves. True or False?

True - As it ties in with Roche's Agile ways of working

False - Only one-off purchase less than $1000 is permitted

Can Engagement Owner sign on Order Confirmations to Vendor? Select all correct answers

Yes - since Engagement Owner is the one liasing with the vendor on the work

No - Only appointed PoAs can sign if there is financial and legal impact

Yes - provided Engagement Owner is also an appointed PoA

What is Roche Standard Payment Term?

30 Days

60 Days

45 Days

90 Days

When do you need to raise a Purchase Order?

When need to process payment to vendor after work is completed

Prior to the commencement of work by vendor

Anytime during the project so long as its not yet completed

Don't need to because can charge to Corporate Credit Card