Bharat Wire Ropes Interview Questions, Process, and Tips

Q1. मी आधी ह्याच कंपनी मध्ये काम केलेले असताना मला फक्त ह्या मुळे दुसर्‍या डिपार्टमेंट ला टाकले जाते की माझा राजकारणी reference आहे. हे असे करणे योग्य आहे का?
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Q1. Experience on Purchase ?
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Q2. Procurement strategy and Negotiation ?
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Q3. 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 impro...read more
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Q1. Question About procurement?
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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 program...read more
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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
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Q4. Negotiation on white basis?
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Q5. 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 decisi...read more
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Q6. 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 tech...read more
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Q7. New vendor development?
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Q1. Procurement strategy and Negotiation?
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Q2. 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, ...read more
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Q1. Discussion on Salary and Notice period
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Q2. Family Background
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Q1. Tell me about yourself?
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Q2. Tell me about the project you have done in final year?
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Q1. Technical and server related questions
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Q2. Current CTC related questions
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Q1. About yourself and
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Q2. Project
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Q1. Basic information questions and experience related
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Q1. Tell me about your self.
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Q2. What type of Procurement experience?
Ans. 
I have extensive experience in strategic sourcing, supplier relationship management, contract negotiation, and cost reduction initiatives.
• Strategic sourcing to identify cost-saving opportunities

• Supplier relationship management to ensure timely delivery and quality products

• Contract negotiation to secure favorable terms and conditions

• Cost reduction initiatives to optimize procurement processes

• Experience in implementing e...read more
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Procurement journey and procurement experience

Q1. Purchase execution
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