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Bharat Wire Ropes
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The last company's material purchase strategy involved optimizing procurement processes, leveraging supplier relationships, and implementing cost-saving measures.
Implemented a centralized procurement system to streamline purchasing activities
Negotiated long-term contracts with key suppliers to ensure stable pricing and availability
Conducted regular supplier evaluations to assess performance and identify areas for impro...
Negotiating with vendors involves effective communication, research, and finding mutually beneficial solutions.
Prepare by researching market prices and vendor alternatives.
Clearly communicate your requirements and expectations.
Listen to the vendor's perspective and understand their constraints.
Explore options for cost reduction, bulk discounts, or value-added services.
Consider long-term partnerships and loyalty program...
Material actual price can be calculated by considering the cost of raw materials, production expenses, and overhead costs.
Calculate the cost of raw materials used in production
Include production expenses such as labor, utilities, and equipment costs
Factor in overhead costs like rent, insurance, and administrative expenses
Sum up all these costs to determine the material actual price
To find the right material for a purchase, conduct thorough research, analyze specifications, compare prices and quality, and seek recommendations.
Research different suppliers and manufacturers to identify the available materials.
Analyze the specifications of each material to ensure it meets the required standards and criteria.
Compare prices and quality of the materials from different sources to make an informed decisi...
To find shortage, analyze inventory levels, track demand, and monitor supply chain.
Analyze inventory levels regularly to identify any shortages.
Track demand patterns and forecast future demand to anticipate shortages.
Monitor the supply chain for any disruptions or delays that may lead to shortages.
Maintain good communication with suppliers to ensure timely delivery of goods.
Implement effective inventory management tech...
To get the right item as a Purchase Manager, one must consider factors such as quality, price, supplier reliability, and specific requirements.
Define the specific requirements and specifications of the item needed
Research and identify potential suppliers or vendors
Evaluate the quality and reliability of the suppliers
Compare prices and negotiate for the best deal
Consider factors like delivery time, after-sales support, ...
Top trending discussions
I applied via Referral and was interviewed before Mar 2021. There was 1 interview round.
I applied via Company Website and was interviewed before Sep 2021. There were 2 interview rounds.
I applied via Recruitment Consultant and was interviewed in May 2019. There were 3 interview rounds.
I applied via Naukri.com and was interviewed before Sep 2020. There were 3 interview rounds.
Unnatural vibrations in equipments can be reduced by proper maintenance and installation.
Ensure proper alignment of equipment parts
Use vibration dampeners or absorbers
Regularly inspect and replace worn out parts
Install equipment on a stable foundation
Reduce equipment speed or load if possible
I applied via Company Website and was interviewed in Jan 2021. There was 1 interview round.
I applied via AmbitionBox and was interviewed before Dec 2021. There were 2 interview rounds.
I applied via Company Website and was interviewed in Jul 2018. There were 5 interview rounds.
Implemented a new customer feedback system resulting in increased customer satisfaction and retention rates.
Identified the need for a more efficient feedback system
Researched and implemented a new software to collect and analyze customer feedback
Analyzed the data to identify trends and areas for improvement
Implemented changes based on feedback leading to improved customer satisfaction and retention rates
I have a strong passion for leadership and a proven track record of motivating teams to achieve success.
Proven track record of successfully leading teams in previous roles
Passionate about developing and mentoring team members
Strong communication and interpersonal skills
Ability to problem-solve and make quick decisions under pressure
I applied via Tata steel and was interviewed before Sep 2021. There were 2 interview rounds.
Standard 10th level questions.
I applied via Campus Placement and was interviewed before Jan 2021. There were 5 interview rounds.
based on 1 interview
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Usha Martin
Tata Steel
Bekaert Industries
Rope Enterprises