Arcatron Mobility Inventory Executive Interview Questions, Process, and Tips

Inventory can be obtained through purchasing, manufacturing, or receiving from suppliers.

• Purchase inventory from suppliers

• Manufacture inventory in-house

• Receive inventory from suppliers through shipments

• Use inventory management software to track inventory levels

Inventory counts should be conducted regularly to ensure accuracy and prevent discrepancies.

• Inventory should be counted at least once a year for financial reporting purposes.

• Regular cycle counts should be conducted throughout the year to catch any discrepancies or errors.

• Inventory counts may also be conducted during audits or when implementing new inventory management systems.

• The frequency of inventory counts may vary ...read more

I will be handling a large number of SKUs in the inventory, potentially thousands.

• I will be responsible for managing and tracking inventory for a wide range of products

• I will need to ensure accurate counts and organization of all SKUs

• Examples of SKUs could include different sizes, colors, styles, etc. of a single product

Cycle counts can be obtained by conducting regular physical counts of inventory items in specific locations.

• Schedule regular cycle counts based on item value, turnover rate, or criticality

• Use barcode scanners or RFID technology for accurate and efficient counting

• Compare cycle count results with system records to identify discrepancies

• Adjust inventory levels based on cycle count findings to maintain accuracy

• Train staff ...read more