Edac Engineering Purchase & Store Executive Interview Questions and Answers

Hypothetical situation to select the perfect prodsuct

Q1. Is quality preferreed over price? how do you entice vendors to reduce price?
Ans. 
Quality is preferred over price in most cases. Vendors can be enticed to reduce price through negotiation, long-term partnerships, and bulk orders.
• Emphasize the importance of quality in the products or services being purchased

• Negotiate with vendors to find a win-win solution that includes a balance of quality and price

• Offer long-term partnerships to vendors in exchange for reduced prices

• Place bulk orders to leverage vo...read more
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Q2. How to you procure below budget?
Ans. 
To procure below budget, negotiate with suppliers, explore alternative options, and consolidate purchases.
• Negotiate with suppliers for better prices

• Explore alternative suppliers or options

• Consolidate purchases to get bulk discounts

• Monitor market trends for price fluctuations

• Set clear budget goals and stick to them
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Q3. How too do something unethical weithin the law
Ans. 
One should never engage in unethical behavior, even if it is technically legal.
• Always prioritize ethical conduct over legal loopholes

• Consult with legal and ethical experts if unsure about a decision

• Consider the long-term consequences of unethical actions

• Seek alternative solutions that align with ethical standards
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Q1. 1.Brief about your current job and reporting structure.
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Q2. 2.Material specification and dealt.
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Q3. 3.Tax rate knowledge on bulk material.
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Q1. Related about Purchase and Technical
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Q1. It was Video call intervoew by technical Dept. The questions aksed from Material name make etc.
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Q1. Self introduction for employees
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Q2. Previous company working details
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Q1. Self introduction and previous company working details.
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Q1. How can evaluate the vendor ? What is the procurement process in brief?
Ans. 
To evaluate a vendor, consider factors such as quality, price, delivery time, reputation, and customer service.
• Assess the quality of the vendor's products or services

• Compare prices with other vendors to ensure competitiveness

• Evaluate the vendor's ability to meet delivery deadlines

• Research the vendor's reputation and customer reviews

• Assess the vendor's customer service and responsiveness

• Consider the vendor's financial s...read more
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Q2. Material right from sources to reach our store
Ans. 
The material is sourced and delivered to our store through a well-established supply chain.
• Establishing strong relationships with reliable suppliers

• Ensuring timely procurement and delivery of materials

• Implementing effective inventory management systems

• Monitoring and optimizing transportation logistics

• Maintaining quality control standards

• Utilizing technology for efficient tracking and traceability

• Collaborating with cros
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Q1. Work Experience of previous company
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Q2. Technical Questions about previous company
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Q3. Organisation Chart and reporting head
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Q1. Technical sound about subject of your department work and knowledge of all materials.
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Q1. Interview from project director related company awarded project's.
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Q2. Technical Questions related procurement,logistics, inventory.
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