AmBoxDemo-Emerging Interview Questions and Answers

Yes, production planning software can work with MS Excel.

• Production planning software can be integrated with MS Excel to create spreadsheets for tracking production schedules and inventory levels.

• Excel can be used to create Gantt charts and other visual aids for production planning.

• Data from production planning software can be exported to Excel for further analysis and reporting.

• Examples of production planning software that work with Excel include SAP, Oracle, and Microsoft D...read more

Stainless steel has higher corrosion resistance and contains more chromium than mild steel.

• Stainless steel has a higher percentage of chromium than mild steel

• Stainless steel is more corrosion-resistant than mild steel

• Stainless steel is more expensive than mild steel

• Mild steel is easier to weld than stainless steel

• Stainless steel is commonly used in food processing and medical equipment

AC and DC are two types of electrical current. AC changes direction periodically while DC flows in one direction only.

• AC stands for Alternating Current and DC stands for Direct Current

• AC changes direction periodically while DC flows in one direction only

• AC is used for power transmission over long distances while DC is used for electronic devices

• AC voltage can be easily changed using a transformer while DC voltage cannot be changed easily

• Examples of AC devices include househol...read more

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

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 negotiation tactics like anchoring, mirroring, and framing to i...read more

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 quantity, description, and estimated cost, while PO includ...read more