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I applied via Naukri.com and was interviewed in Jul 2023. There were 2 interview rounds.
Negotiate based on value proposition and benefits, not just percentage
Highlight the quality of your product/service and how it adds value to the supplier's business
Discuss long-term partnership opportunities and potential for increased business volume
Offer incentives such as faster payment terms or exclusivity agreements
Showcase your company's stability and reliability as a customer
Negotiate based on total cost of owne
Yes, we regularly make purchases from other countries to ensure competitive pricing and access to unique products.
We source raw materials from overseas suppliers to reduce costs and improve product quality.
We import specialized equipment from foreign manufacturers to meet specific project requirements.
We collaborate with international vendors to expand our product offerings and stay ahead of market trends.
Top trending discussions
I applied via Approached by Company and was interviewed in Jul 2024. There was 1 interview round.
I applied via Approached by Company and was interviewed in Apr 2024. There were 3 interview rounds.
Basic aptitude normal level
Procurement is the process of acquiring goods or services from external sources.
Involves sourcing, negotiating, and purchasing goods or services
Focuses on obtaining the best quality at the best price
Includes supplier relationship management and contract management
Examples: Request for Proposal (RFP), Request for Quotation (RFQ), vendor selection
The P2P cycle refers to the Procure-to-Pay cycle, which involves the steps from requisition to payment for goods or services.
The cycle typically starts with a requisition for goods or services
Next, the procurement team identifies potential suppliers and requests quotes or proposals
Once a supplier is selected, a purchase order is created and sent to the supplier
Goods or services are received and inspected upon delivery
I...
The base of the supply chain refers to the starting point of the flow of goods and services through the chain.
The base of the supply chain typically includes raw material suppliers or manufacturers.
It is where the production process begins before moving on to distribution and ultimately reaching the end consumer.
Efficient management of the base of the supply chain is crucial for ensuring timely and cost-effective deliv...
Asked about previous experience at the job, how can you avoid conflict with the management?
Procurement process involves identifying needs, sourcing suppliers, negotiating contracts, and managing supplier relationships.
Identifying needs and requirements
Sourcing potential suppliers
Negotiating terms and contracts
Managing supplier relationships
Ensuring compliance with regulations and policies
Evaluation of vendors involves assessing their performance, capabilities, and reliability to ensure they meet the organization's needs.
Assess vendor's track record and reputation
Evaluate vendor's financial stability and resources
Consider vendor's quality of products or services
Assess vendor's responsiveness and communication
Compare vendor's pricing and terms with competitors
Review vendor's compliance with regulations a
I applied via Naukri.com and was interviewed in Sep 2023. There were 3 interview rounds.
I was interviewed before May 2023.
I applied via Naukri.com and was interviewed in Jan 2023. There were 3 interview rounds.
Basic aptitude test, logical reasoning, English grammar
Reasoning objective type question related
Production Engineer
3
salaries
| ₹4 L/yr - ₹4 L/yr |
Purchase Manager
3
salaries
| ₹4.5 L/yr - ₹5 L/yr |
Inventory Executive
3
salaries
| ₹3.2 L/yr - ₹4.3 L/yr |
BHEL
Larsen & Toubro Limited
Tata Motors
Mahindra & Mahindra