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Firstsource Solutions Interview Questions and Answers
Q1. What do you know about inventory planning? What type of purchase you did? Are you good in microsoft excel? Are you comfortable to talk to US supplier and customer?
I have knowledge and experience in inventory planning, purchasing, Microsoft Excel, and communication with US suppliers and customers.
I have experience in forecasting demand and setting inventory levels
I have purchased raw materials and finished goods from domestic and international suppliers
I am proficient in Microsoft Excel and have used it for data analysis and reporting
I have communicated with US suppliers and customers via email and phone to resolve issues and negotiate ...read more
Q2. Any prior information about how supply chain works?
Yes, supply chain involves the flow of goods and services from the point of origin to the point of consumption.
Supply chain management involves planning, sourcing, producing, and delivering products to customers.
It includes activities such as procurement, inventory management, logistics, and distribution.
Efficient supply chain management can help reduce costs, improve customer satisfaction, and increase profitability.
Examples of supply chain activities include forecasting dem...read more
Q3. Tell more about process knowledge
Process knowledge refers to understanding the steps involved in completing a task or achieving a goal.
It involves knowing the sequence of actions required to achieve a desired outcome
It includes understanding the resources needed to complete the process
It also involves identifying potential obstacles and how to overcome them
Examples include knowledge of project management methodologies, manufacturing processes, and software development lifecycles
Q4. What is supply chain management? Give an example.
Supply chain management involves overseeing the flow of goods and services from the initial production stage to the final delivery to the customer.
Involves planning, implementing, and controlling the efficient flow of goods and services
Includes activities such as sourcing, procurement, production, logistics, and distribution
Focuses on optimizing processes to minimize costs and maximize customer satisfaction
Example: A company managing its supply chain to ensure timely delivery...read more
Q5. What is supply chain?
Supply chain is the network of organizations involved in producing and delivering a product or service to customers.
Supply chain involves the flow of goods, services, information, and finances from the initial raw material stage to the final customer delivery.
It includes activities such as sourcing, production, warehousing, transportation, and distribution.
Efficient supply chain management can help reduce costs, improve customer satisfaction, and increase competitiveness.
Exam...read more
Q6. PROCUREMNET CYCLE WHAT IS S2P
S2P stands for Source-to-Pay and refers to the entire procurement cycle from sourcing suppliers to making payments.
S2P involves activities such as supplier selection, contract negotiation, purchase order creation, invoice processing, and payment.
It helps organizations streamline their procurement processes and achieve cost savings.
Example: Using a S2P software platform to manage all procurement activities from sourcing to payment.
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