Agrostar Senior Procurement Analyst Interview Questions and Answers

Q1. Experience and technical questions ?
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Q2. Issues sorting skills ? Team management?
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Q3. Joining date ? What about you know company and why you want join in this company only ?
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Over all experience and future challenge

Q1. Overall experience and what you know about company
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Q1. About process, negotiation, project managememt
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Q1. About my work only
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Q2. What’s my last company work?
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Q3. Why you change your job profile Again?
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Q4. Why you change your job profile last time?
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Q1. What is your current CTC
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Q1. Brief about your current role
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Q1. What you will do after join
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Q1. 1. Tell me about yourself ?
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Q2. 2. What is your job responsibilities ?
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Q3. 3. Why you want to change your current job ?
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Q4. 4. What commodity you are handling currently ?
Ans. 
I am currently handling the procurement of electronic components for our company's manufacturing process.
• Managing supplier relationships for electronic components

• Negotiating prices and terms for bulk purchases

• Ensuring timely delivery of components to meet production deadlines
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Q5. 5. What is your current and expected CTC ?
Ans. 
My current CTC is $80,000 and I am expecting a 10% increase in my next role.
• Current CTC: $80,000

• Expected increase: 10%

• Expected CTC: $88,000
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Q6. 6. Are you comfortable with the locations ?
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Q1. 1. Introduce yourself ?
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Q2. 2. How you evaluate suppliers ?
Ans. 
I evaluate suppliers based on their quality, reliability, cost-effectiveness, and communication.
• Assess supplier's track record for delivering quality products/services

• Evaluate supplier's reliability in meeting deadlines and commitments

• Compare costs and pricing structures with other potential suppliers

• Consider supplier's communication skills and responsiveness to inquiries

• Conduct site visits or audits to assess supplier
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Q3. 3. Tell me about P2P process ?
Ans. 
P2P process refers to Procure-to-Pay process which involves the steps from requisition to payment for goods or services.
• P2P process starts with a requisition being made by a user or department for goods or services needed.

• The requisition is then approved by the appropriate authority before being converted into a purchase order.

• The purchase order is sent to the supplier, who then delivers the goods or services.

• Upon rece...read more
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Q4. 4. What is your job responsibilities in your current organization ?
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Q5. 5. How do you manage suppliers ?
Ans. 
I manage suppliers by establishing strong relationships, setting clear expectations, monitoring performance, and continuously improving processes.
• Establish strong relationships with suppliers through regular communication and feedback

• Set clear expectations regarding quality, delivery timelines, and pricing

• Monitor supplier performance through key performance indicators (KPIs) and regular audits

• Continuously improve proce...read more
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Q6. 6. How do you track inventory level ?
Ans. 
I track inventory levels using a combination of software systems, manual counts, and regular audits.
• Utilize inventory management software to track real-time inventory levels

• Conduct regular physical counts of inventory to compare with system records

• Implement barcode scanning or RFID technology for accurate tracking

• Perform regular audits to identify discrepancies and improve accuracy
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Q7. 7. What ERP software you are using currently ?
Ans. 
Currently using SAP ERP software for procurement processes.
• Using SAP ERP software for procurement activities

• Familiar with SAP modules such as MM (Materials Management) and SRM (Supplier Relationship Management)

• Experience in customizing SAP for specific procurement needs
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Q8. 8. Rate yourself in Microsoft excel ?
Ans. 
I rate myself as highly proficient in Microsoft Excel, with advanced skills in data analysis, formulas, and macros.
• Proficient in creating complex spreadsheets for data analysis

• Skilled in using advanced formulas and functions

• Experienced in creating and running macros for automation

• Familiar with data visualization tools like charts and graphs
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Q1. 1. Introduce yourself in a brief ?
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Q2. 2. What is supplier selection criteria in your organization ?
Ans. 
Supplier selection criteria in our organization include quality, cost, delivery time, reliability, and sustainability.
• Quality of products/services provided by the supplier

• Cost competitiveness of the supplier

• Delivery time and reliability of the supplier

• Supplier's track record and reputation for reliability

• Sustainability practices of the supplier

• Ability to meet specific requirements and standards set by the organization
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Q3. 3. Tell me major challenges you have faced in procurement ?
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Q4. 4. Why we should hire you ?
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Q5. 5. What is landed cost in procurement ?
Ans. 
Landed cost in procurement refers to the total cost of a product once it has arrived at its destination, including all expenses incurred during the shipping process.
• Landed cost includes the cost of the product, transportation fees, customs duties, taxes, insurance, and any other expenses related to getting the product to its final destination.

• It is important for procurement engineers to consider landed cost when making...read more
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Q6. 6. How you negotiate with the suppliers ?
Ans. 
I negotiate with suppliers by building strong relationships, understanding their needs, and finding mutually beneficial solutions.
• Establish clear communication channels with suppliers

• Understand the supplier's needs and constraints

• Focus on creating win-win solutions

• Be prepared to walk away if necessary

• Use data and market research to support negotiation points
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Q7. 7. Give thee examples where you saved cost in current role ?
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Q8. 8. How do you manage team?
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Q9. 9. How do you manage contracts in procurement ?
Ans. 
Contracts in procurement are managed through careful negotiation, monitoring, and communication.
• Negotiate terms and conditions with suppliers to ensure favorable outcomes for both parties.

• Monitor contract performance to ensure compliance with agreed-upon terms and conditions.

• Communicate regularly with suppliers to address any issues or changes in the procurement process.

• Document all contract-related activities and main...read more
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Q1. Related to own experience and knowledge
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Q1. Related to previous work and experience that I've gain earlier
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Q1. Related to Procurement and Purchase return
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Q1. Explaination about the process
Ans. 
Explanation of the procurement process
• The procurement process involves identifying needs, selecting suppliers, negotiating contracts, and managing supplier relationships

• It includes steps such as conducting market research, issuing RFQs or RFPs, evaluating proposals, and awarding contracts

• Procurement managers must ensure compliance with regulations, manage risks, and optimize costs

• Effective communication with stakeholde...read more
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Q2. Basic education and all
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