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I applied via Recruitment Consulltant and was interviewed in Aug 2022. There was 1 interview round.
Material planning involves forecasting demand, determining required materials, and executing orders to meet production needs.
Forecasting demand based on historical data and market trends
Determining required materials and quantities for production
Creating purchase orders and sending them to suppliers
Tracking order status and ensuring timely delivery
Adjusting plans based on changes in demand or supply chain disruptions
Analyzing product costing to identify areas for cost savings
Reviewing the cost breakdown of each component in the product
Identifying any inefficiencies in the production process that are driving up costs
Comparing the cost of raw materials from different suppliers to find the most cost-effective option
Exploring opportunities for bulk purchasing to negotiate better prices
Considering alternative materials or production me
Development of vendor complete process involves establishing relationships, negotiating contracts, and ensuring quality and compliance.
Establishing relationships with potential vendors
Negotiating contracts for pricing and terms
Ensuring quality of products or services provided by vendors
Ensuring compliance with regulations and company policies
Evaluating vendor performance regularly
The number of vendors handling the purchase process.
The number of vendors can vary depending on the size of the organization and the complexity of the purchase.
Having multiple vendors can provide options for competitive pricing and quality.
However, managing multiple vendors can also increase complexity and require more resources.
For example, a small company may only work with one vendor for all their purchases, while a...
Inventory management involves overseeing the flow of goods from manufacturers to warehouses to retailers, ensuring optimal levels of stock are maintained.
Tracking inventory levels
Forecasting demand
Managing stock replenishment
Minimizing carrying costs
Implementing efficient storage solutions
A team is a group of individuals working together towards a common goal, while a team leader is responsible for guiding and coordinating the team towards achieving that goal.
Team consists of multiple individuals with different skills and roles
Team leader is responsible for providing direction, motivation, and support to the team members
Team leader makes decisions, delegates tasks, and ensures the team stays on track
Tea...
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I applied via Approached by Company
I applied via Company Website
Improving profitability in company
posted on 10 Jul 2024
I applied via Naukri.com and was interviewed before Jul 2023. There were 2 interview rounds.
posted on 21 Jan 2025
I was interviewed before Jan 2024.
Question about PO, question about myself
They taught as process of PO method n then assignment was given to do as
I applied via Internshala and was interviewed in Aug 2022. There were 2 interview rounds.
posted on 24 May 2023
I applied via Recruitment Consulltant and was interviewed before May 2022. There were 3 interview rounds.
I have a Bachelor's degree in Business Administration with a focus on Supply Chain Management.
Bachelor's degree in Business Administration
Focus on Supply Chain Management
Courses in Purchasing and Inventory Management
Internship at a manufacturing company
Continuing education in procurement and negotiation
I am currently working as a Purchase Executive at XYZ Company.
My job involves sourcing and procuring goods and services for the company.
I negotiate with vendors and suppliers to get the best deals and prices.
I maintain records of purchases and inventory levels.
I work closely with other departments to ensure timely delivery of goods and services.
I also monitor market trends and keep up-to-date with industry developments...
Purchase procedure involves a series of steps to acquire goods or services for a company.
Identify the need for the purchase
Determine the specifications and quantity required
Identify potential suppliers and obtain quotes
Evaluate quotes and select the best supplier
Negotiate terms and conditions
Create a purchase order
Receive and inspect the goods or services
Approve the invoice and make payment
Maintain records of the trans
I was interviewed in Mar 2022.
T-codes used in SAP for purchase include ME21N, ME22N, ME23N, ME51N, ME52N, and ME53N.
ME21N - Create Purchase Order
ME22N - Change Purchase Order
ME23N - Display Purchase Order
ME51N - Create Purchase Requisition
ME52N - Change Purchase Requisition
ME53N - Display Purchase Requisition
I applied via Naukri.com and was interviewed before Feb 2023. There was 1 interview round.
based on 1 interview
Interview experience
Senior Executive
5
salaries
| ₹3.4 L/yr - ₹4 L/yr |
Senior Purchase Executive
5
salaries
| ₹3.2 L/yr - ₹4.8 L/yr |
Senior Engineer
4
salaries
| ₹3 L/yr - ₹5 L/yr |
Area Sales Manager
4
salaries
| ₹4 L/yr - ₹7.8 L/yr |
Quality Engineer
4
salaries
| ₹2.9 L/yr - ₹3.5 L/yr |
BHEL
Larsen & Toubro Limited
TCS
Infosys