Sandeep Sawant & Co. Interview Questions and Answers

Funds planning for a quarter of Procurement plan involves forecasting expenses, analyzing cash flow, setting budget targets, and adjusting as needed.

• Forecast procurement needs based on project timelines and requirements

• Analyze historical spending patterns to estimate costs for the quarter

• Consider market trends and potential price fluctuations for materials

• Set budget targets for each category of procurement

• Regularly monitor actual spending against the budget and make adjustmen...read more

To save on procurement cost for regular items, negotiate bulk discounts, explore alternative suppliers, streamline the procurement process, and implement cost-saving strategies.

• Negotiate bulk discounts with suppliers for regular items

• Explore alternative suppliers to compare prices and quality

• Streamline the procurement process to reduce inefficiencies and costs

• Implement cost-saving strategies such as just-in-time inventory management

Yes, PyBamm is a Python library for mathematical modelling of batteries.

• PyBamm stands for Python Battery Mathematical Modelling.

• It provides a framework for creating models of batteries using Python.

• PyBamm includes pre-built models for various types of batteries such as lithium-ion.

• Users can customize and extend the models provided by PyBamm.

• It is commonly used in research and development of battery technologies.

Zero base cost analysis is a method of budgeting in which all expenses must be justified for each new period.

• Zero base cost analysis starts from a 'zero base' and every function within an organization is analyzed for its needs and costs.

• It requires managers to justify all expenses, not just increases over the previous year's budget.

• This method helps in identifying inefficiencies and unnecessary expenses, leading to better cost control and resource allocation.

• Example: In a zer...read more