DBG Technology Executive/Sr Executive - Facility Management Interview Questions, Process, and Tips

To find the actual price of a material, I would follow these steps:

• Research the market price of the material

• Contact multiple suppliers to get quotes

• Compare the quotes and negotiate for the best price

• Consider factors such as quality, delivery time, and payment terms

• Ensure that the final price includes all applicable taxes and fees

I will use online directories, industry contacts, and trade shows to find potential suppliers.

• Research online directories such as ThomasNet and Alibaba

• Network with industry contacts and ask for referrals

• Attend trade shows and exhibitions to meet suppliers in person

• Compare prices, quality, and delivery times from multiple suppliers

• Negotiate terms and conditions to ensure the best deal for the company

Bargaining is a negotiation process between two parties to reach a mutually beneficial agreement.

• Bargaining involves making offers and counteroffers

• Both parties try to find a middle ground

• It is common in business transactions and labor unions

• Example: Negotiating the price of a car with a salesperson

• Example: Collective bargaining between a union and an employer

To make PO in SAP, navigate to the procurement tab and select create PO. Fill in the required details and save the PO.

• Navigate to procurement tab

• Select create PO

• Fill in required details

• Save the PO

Payments were made through a combination of electronic transfers and physical checks.

• Electronic transfers were used for regular payments such as salaries and utility bills.

• Physical checks were used for one-time payments such as vendor payments and equipment purchases.

• All payments were recorded in a ledger for accounting purposes.

• Payments were approved by the relevant department heads before being processed.

Payment to supplier is usually made within 30 days of delivery.

• Payment is made within 30 days of delivery

• Payment terms are agreed upon with the supplier beforehand

• In some cases, early payment discounts may be negotiated

• Late payments may result in penalties or strained supplier relationships