Dream Plast India Interview Questions and Answers

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

• Identify potential vendors based on business needs and requirements

• Evaluate vendor capabilities and performance through audits and assessments

• Establish clear expectations and requirements for vendors

• Provide training and support to vendors to improve their performance

• Monitor vendor pe...read more

ZBC stands for Zero Based Costing. It is a cost management technique that involves starting from scratch and justifying every expense.

• ZBC requires a thorough analysis of all expenses and a justification for each one

• It is different from traditional budgeting which starts with the previous year's budget and adjusts it

• ZBC can help identify unnecessary expenses and lead to cost savings

• It is commonly used in industries...read more

To resolve problems with running a production line, identify the root cause, implement corrective actions, and continuously monitor and improve the process.

• Identify the root cause of the problem by analyzing data, conducting investigations, and observing the production line.

• Implement corrective actions such as adjusting machine settings, replacing faulty equipment, or modifying the production process.

• Continuously ...read more

An engineer is a professional who applies scientific and mathematical principles to design, develop, and improve structures, machines, systems, and processes.

• Engineers use their knowledge of science and mathematics to solve practical problems.

• They design and develop new products, processes, and systems.

• Engineers work in various fields such as civil, mechanical, electrical, chemical, and aerospace engineering.

• They ...read more

MIS & RM reports and tracking are crucial for effective supply chain management.

• MIS reports provide insights into the performance of the supply chain and help identify areas for improvement.

• RM changing reports help track changes in raw material prices and availability, allowing for proactive decision-making.

• RM tracking ensures timely delivery of raw materials and helps prevent stockouts.

• Effective use of technology...read more