Eaton Buyer Interview Questions and Answers

P2P cycle refers to the Procure-to-Pay cycle, which involves the entire process of purchasing goods or services.

• The cycle starts with identifying the need for a product or service.

• Next, a purchase requisition is created and sent for approval.

• Once approved, a purchase order is generated and sent to the supplier.

• The supplier then delivers the goods or services and sends an invoice.

• The invoice is matched with the purchase...read more

To drive down costs, focus on optimizing processes, negotiating with suppliers, and reducing waste.

• Optimize processes to increase efficiency and reduce labor costs

• Negotiate with suppliers to get better prices and terms

• Reduce waste by implementing lean manufacturing principles

• Use technology to automate tasks and reduce errors

• Outsource non-core functions to reduce overhead costs

To expedite delivery, optimize your supply chain, use technology, and communicate effectively with suppliers and customers.

• Optimize your supply chain by reducing lead times and increasing efficiency

• Use technology such as automation and real-time tracking to streamline processes

• Communicate effectively with suppliers and customers to ensure timely delivery and resolve any issues

• Consider alternative shipping methods such ...read more