100+ ElasticRun Interview Questions and Answers

Cycle count is a method of inventory management where a small subset of inventory is counted on a regular basis to ensure accuracy.

• Cycle count helps to identify and correct discrepancies in inventory records.

• It is typically done on a regular basis, such as daily, weekly, or monthly.

• Cycle counting is more efficient than traditional physical inventory counts, as it only focuses on a small portion of inventory at a time.

• For example, a retail store may conduct cycle counts on a d...read more

Last mile workings experience refers to the final stage of delivery or transportation process.

• Experience in coordinating with delivery personnel for timely delivery

• Knowledge of local routes and traffic patterns

• Ability to handle last-minute changes or delays

• Experience in using GPS and tracking systems

• Understanding of customer service and satisfaction

• Example: Coordinating with delivery drivers to ensure on-time delivery of packages to customers

• Example: Using GPS and traffic upd...read more

Async await in JavaScript allows for asynchronous programming in a more readable and synchronous-like manner.

• Async functions return a Promise.

• Await can only be used inside an async function.

• Async await simplifies handling asynchronous operations compared to using callbacks or Promises.

• Example: async function fetchData() { await fetch('https://api.example.com/data'); }

OOPS is a programming paradigm that uses objects to represent real-world entities and their interactions.

• OOPS stands for Object-Oriented Programming System

• It emphasizes on encapsulation, inheritance, and polymorphism

• Objects have attributes (data) and methods (functions)

• Example: A car object can have attributes like color, model, and methods like start, stop

• Classes are blueprints for creating objects

• Inheritance allows creating a new class from an existing class

• Polymorphism all...read more

I have extensive experience in the FMCG grocery field.

• Managed sales and distribution for a leading FMCG company

• Developed and executed marketing strategies to increase brand awareness

• Negotiated with suppliers to ensure competitive pricing and quality products

• Analyzed market trends and consumer behavior to identify growth opportunities

Golden rules of accounting are basic principles that guide the process of recording financial transactions.

• Maintain separate personal and business accounts

• Record every transaction accurately

• Follow the principle of double-entry accounting

• Prepare financial statements regularly

• Always keep proper documentation

The question is asking about various financial terms related to cost analysis and management.

• Cost refers to the amount of money required to produce goods or services.

• PnL (Profit and Loss) is a financial statement that summarizes the revenues, costs, and expenses incurred during a specific period.

• Balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time.

• CapEx (Capital Expenditure) refers to the funds used by a...read more

The top companies in terms of market share vary by industry and region.

• Market share is the percentage of total sales in a particular industry that a company holds.

• The top companies in terms of market share can change over time due to various factors such as competition, innovation, and mergers/acquisitions.

• For example, in the smartphone industry, Samsung and Apple are the top companies in terms of market share, while in the soft drink industry, Coca-Cola and PepsiCo are the t...read more

SKU stands for Stock Keeping Unit, a unique identifier for a product used in inventory management.

• SKU is a code assigned to a specific product for inventory tracking purposes

• It helps in identifying and managing stock levels of a product

• SKUs can be alphanumeric and can include information such as color, size, and style

• Example: Nike Air Max 90 - SKU: NAM90-BLK-9.5

• SKUs are used in retail, e-commerce, and manufacturing industries