Ambica Steels Interview Questions and Answers

Q1. Introduction your self
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Q2. Last job role and responsibilities
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Q1. What is Procurement
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Procurement is the process of finding, acquiring, and buying goods, services, or works from an external source.
• Involves sourcing and selecting suppliers

• Negotiating contracts and prices

• Managing supplier relationships

• Ensuring timely delivery of goods/services

• Strategic procurement focuses on long-term partnerships and value creation
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Q2. How to negotiate
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Negotiation involves preparation, active listening, building relationships, and finding win-win solutions.
• Prepare by researching the market, knowing your goals and limits, and understanding the other party's needs.

• Listen actively to understand the other party's perspective and concerns.

• Build relationships by being respectful, honest, and transparent.

• Focus on finding win-win solutions that benefit both parties.

• Use negot...read more
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Q3. What is PR and PO
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PR stands for Purchase Requisition and PO stands for Purchase Order.
• PR (Purchase Requisition) is a document used to request goods or services from a supplier.

• PO (Purchase Order) is a legally binding document issued by a buyer to a seller, outlining the details of a purchase transaction.

• PR is the initial step in the procurement process, while PO is the final step that authorizes the purchase.

• PR includes details such as ...read more
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Q1. Personal and organisational
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Q1. Personal and organisational
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Q1. Introduction and confidence
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Q2. Go through company website before interview.
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Q1. Tell us about yourself
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Q1. Technical Questions
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Casual and Formal Questions