Add office photos
Bharat Wire Ropes logo
Engaged Employer

Bharat Wire Ropes

Verified
3.6
based on 219 Reviews
Video summary
Filter interviews by
Purchase Manager
Experienced
Clear (1)

Bharat Wire Ropes Purchase Manager Interview Questions and Answers

Updated 14 Feb 2024

Q1. How to find what item you purchased right material?

Ans.

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 decision.

  • Seek recommendations from industry experts, colleagues,...read more

Add your answer
right arrow

Q2. How to Negotiate with Vendor in terms of Evolution.

Ans.

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 programs.

  • Be open to compromise and find win-win solutions.

  • Documen...read more

Add your answer
right arrow

Q3. How to calculate material actual price

Ans.

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

Add your answer
right arrow

Q4. Last Company material purchase strategy ?

Ans.

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 improvement

  • Implemented cost-saving measures such as bulk purcha...read more

Add your answer
right arrow
Discover Bharat Wire Ropes interview dos and don'ts from real experiences

Q5. How to find shortage ?

Ans.

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 techniques like Just-in-Time (JIT) to minimize shortages.

  • Utili...read more

Add your answer
right arrow

Q6. How to get right item.

Ans.

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, and warranty

  • Seek recommendations or references from truste...read more

Add your answer
right arrow
Contribute & help others!
Write a review
Write a review
Share interview
Share interview
Contribute salary
Contribute salary
Add office photos
Add office photos

Interview Process at Bharat Wire Ropes Purchase Manager

based on 1 interviews
Interview experience
4.0
Good
interview tips and stories logo
Interview Tips & Stories
Ace your next interview with expert advice and inspiring stories
Recently Viewed
JOBS
K Raheja Corp
No Jobs
INTERVIEWS
Bharat Wire Ropes
No Interviews
INTERVIEWS
Bharat Wire Ropes
No Interviews
INTERVIEWS
DS-MAX Properties
No Interviews
JOBS
RSM India
No Jobs
INTERVIEWS
DS-MAX Properties
No Interviews
INTERVIEWS
Bharat Wire Ropes
No Interviews
INTERVIEWS
Bharat Wire Ropes
No Interviews
LIST OF COMPANIES
SHRI LAKSHMI STEEL SUPPLIERS
Locations
INTERVIEWS
DS-MAX Properties
No Interviews
Share an Interview
Stay ahead in your career. Get AmbitionBox app
play-icon
play-icon
qr-code
Helping over 1 Crore job seekers every month in choosing their right fit company
75 Lakh+

Reviews

5 Lakh+

Interviews

4 Crore+

Salaries

1 Cr+

Users/Month

Contribute to help millions

Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.

Follow us
  • Youtube
  • Instagram
  • LinkedIn
  • Facebook
  • Twitter