Evident International Interview Questions and Answers

The overall supply chain in an organization involves the coordination of activities from procurement to delivery of products or services to customers.

• It starts with procurement of raw materials or finished goods from suppliers

• The materials are then transported to the manufacturing or production facility

• The manufacturing process takes place and the finished products are stored in a warehouse

• The products are then distrib...read more

The process of purchasing from a vendor involves identifying the need, selecting a vendor, negotiating terms, placing an order, receiving and inspecting the goods, and making payment.

• Identify the need for the product or service

• Research and select a vendor

• Negotiate terms and conditions, including price, delivery, and payment

• Place an order with the vendor

• Receive and inspect the goods to ensure they meet the specification

Negotiate by understanding vendor's cost structure, building relationships, and exploring alternatives.

• Understand vendor's cost structure and margins

• Build a relationship with the vendor

• Explore alternative options and competition

• Be willing to compromise and find a win-win solution

• Consider long-term benefits and volume discounts