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I applied via Referral and was interviewed in Feb 2023. There were 3 interview rounds.
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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...
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
I applied via Approached by Company and was interviewed in Sep 2023. There was 1 interview round.
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
posted on 16 Feb 2024
I applied via Recruitment Consulltant and was interviewed before Feb 2023. There were 2 interview rounds.
posted on 23 Aug 2022
I applied via Approached by Company and was interviewed in Feb 2022. There were 4 interview rounds.
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
Any normal aptitude test there
I applied via Company Website and was interviewed in May 2022. There were 3 interview rounds.
posted on 21 May 2024
I applied via Referral and was interviewed before May 2023. There was 1 interview round.
posted on 13 Nov 2023
I applied via Naukri.com and was interviewed before Nov 2022. There were 3 interview rounds.
Material planning is the process of determining the materials needed for production and ensuring they are available at the right time.
Forecasting demand based on historical data and market trends
Creating a bill of materials (BOM) listing all components needed for production
Determining order quantities and lead times for materials
Monitoring inventory levels and reordering materials as needed
Collaborating with suppliers
Inventory control is the process of managing and overseeing the ordering, storage, and usage of a company's inventory.
Implementing inventory management software to track stock levels and reorder points
Regularly conducting physical inventory counts to ensure accuracy
Analyzing sales data to forecast demand and adjust inventory levels accordingly
Establishing efficient storage and organization systems to minimize excess in
SCM stands for Supply Chain Management. It involves the planning, coordination, and control of the flow of goods and services from point of origin to point of consumption.
SCM involves managing the flow of goods, information, and finances across the supply chain.
It includes activities such as procurement, production, inventory management, logistics, and distribution.
Effective SCM helps in reducing costs, improving effic...
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Rating in categories
Production Supervisor
11
salaries
| ₹1.1 L/yr - ₹2.5 L/yr |
Superintendent
11
salaries
| ₹2 L/yr - ₹3.3 L/yr |
Production Engineer
10
salaries
| ₹2.3 L/yr - ₹4 L/yr |
Supervisor
10
salaries
| ₹1.2 L/yr - ₹2.7 L/yr |
Assistant Manager
8
salaries
| ₹2 L/yr - ₹2.5 L/yr |
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