Big Bazaar Manager SCM Interview Questions and Answers

Vendor development process involves identifying, evaluating, and building relationships with suppliers to improve quality, cost, and delivery performance.

• Identify potential vendors through market research and referrals

• Evaluate vendors based on criteria such as quality, cost, delivery time, and reliability

• Negotiate contracts and terms with selected vendors

• Monitor vendor performance and provide feedback for improvement

• De...read more

Finalisation of product process involves ensuring all necessary steps have been completed before product launch.

• Reviewing product specifications and requirements

• Confirming supplier agreements and pricing

• Quality control checks and testing

• Finalizing logistics and distribution plans

Inventory management involves overseeing the flow of goods in and out of a store warehouse to ensure optimal stock levels.

• Implementing a robust inventory tracking system to monitor stock levels and reorder points

• Regularly conducting physical inventory counts to reconcile discrepancies

• Utilizing ABC analysis to categorize inventory based on importance and value

• Implementing FIFO or LIFO methods to manage stock rotation an...read more

Proficient in setting up and using lookup functions in Excel for efficient data retrieval.

• Understand the different types of lookup functions in Excel such as VLOOKUP, HLOOKUP, INDEX-MATCH, etc.

• Know how to properly structure the lookup formula with the correct parameters and references.

• Practice using lookup functions with sample data to familiarize yourself with their functionality.

• Utilize named ranges and tables to mak...read more

The store implemented strict inventory control measures and optimized processes to minimize losses and drive company growth.

• Implemented strict inventory control measures to track and manage stock levels effectively

• Optimized processes to reduce wastage and improve efficiency

• Utilized technology such as RFID tags or inventory management software to enhance visibility and accuracy

• Conducted regular audits and inspections to...read more