BigBasket Inventory Manager Interview Questions and Answers

Q1. What is cycle count
Ans. 
Cycle count is a method of inventory management where a small portion of inventory is counted on a regular basis to ensure accuracy.
• Cycle count involves counting a subset of inventory items on a regular basis, instead of doing a full physical inventory count all at once.

• It helps in identifying discrepancies in inventory levels, locating missing items, and improving overall inventory accuracy.

• Cycle counting can be done ...read more
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Q2. What is fifo to follow in warehosue
Ans. 
FIFO stands for First In, First Out and is a method used in warehouses to ensure that the oldest inventory is used or sold first.
• FIFO ensures that the oldest inventory items are used or sold first

• Helps prevent spoilage or obsolescence of goods

• Commonly used in industries like food, pharmaceuticals, and electronics

• Example: If a warehouse receives new stock of a product, the older stock should be used or sold first
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Q1. What is the shrinkage
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Shrinkage refers to the loss of inventory due to theft, damage, errors, or other factors.
• Shrinkage can be caused by theft by employees or customers.

• It can also be caused by administrative errors, such as inaccurate record-keeping.

• Damage to products during handling or storage can contribute to shrinkage.

• Examples of shrinkage include missing items from inventory, discrepancies between physical count and recorded count, a...read more
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Q2. What about xl you
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Q1. Basis Inventory and warehouse related based on your last experience
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Q1. Interview taken by the Inventory Manager on Inventory Management
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Q2. Role in last organization to reduce damage, expiry
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Q1. Interview taken by the SCM Inventory Head
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Q2. Inventory activity and Planogram related questions,
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