Auto Profiles Senior Manager Purchase Interview Questions and Answers

Q1. Company profile
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Q2. Salary fixed
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Q1. Company timing tvs
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Q2. TVS about company
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Iasking group about our company

Q1. Tell me about cost settlement
Ans. 
Cost settlement is the process of finalizing and closing out financial transactions related to purchases.
• Cost settlement involves reconciling invoices, payments, and any discrepancies in pricing or quantities.

• It ensures that all costs associated with a purchase are accurately accounted for and paid.

• Examples include verifying that the correct prices were charged for items received and resolving any billing errors.

• Cost s...read more
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Q2. Tell me about yourself
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Experienced Purchase Manager with a strong background in procurement and supply chain management.
• Over 8 years of experience in purchasing and procurement

• Skilled in negotiating contracts and managing vendor relationships

• Proven track record of cost savings through strategic sourcing

• Proficient in inventory management and supply chain optimization

• Strong analytical and problem-solving skills

• Excellent communication and inter
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Q1. Development process
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Q2. Major cost driver in wiring harness
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The major cost driver in wiring harness is the cost of raw materials, labor, and complexity of the design.
• Cost of raw materials such as copper wires and connectors

• Labor costs for assembly and installation

• Complexity of the design impacting production time and skill level required

• Volume of production affecting economies of scale
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Q3. Spare part costing
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Q1. Purchase related questions are there
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Q2. What is sourcing and steps
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Sourcing is the process of finding and selecting suppliers to obtain goods and services.
• Identify the need for goods or services

• Research potential suppliers

• Evaluate suppliers based on criteria such as quality, price, and delivery time

• Negotiate contracts and terms with selected suppliers

• Place orders and manage supplier relationships

• Monitor supplier performance and make improvements as necessary
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Any normal aptitude test there

Q1. Salary discussion and negotiation
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Q1. Basics questions about my experience.
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Q1. Salary Negotiation and all HR related activity.
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Q1. About my experience
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Q1. About the company
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Q1. Normal basis quality and drawing related questions
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