10+ Simplify360 Interview Questions and Answers

P2P cycle stands for Procure to Pay cycle, which is the process of obtaining goods or services from a supplier and paying for them.

• P2P cycle involves requisitioning, purchasing, receiving, and paying for goods or services.

• It starts with creating a purchase requisition, followed by supplier selection and purchase order creation.

• Goods or services are then received, inspected, and accepted.

• Finally, invoices are matched with purchase orders and goods receipts before payment is ma...read more

Yes, I am proficient in Excel and Outlook. I also have experience with other softwares.

• Proficient in Excel for data analysis and reporting

• Skilled in Outlook for communication and scheduling

• Familiar with software like SAP, AutoCAD, and SolidWorks

• Experience with CRM systems like Salesforce

To handle store operations efficiently, conduct quality control checks, manage gate entry in ERP, verify purchase orders, receive items, approve rates, and coordinate with suppliers.

• Implement a systematic process for quality control checks to ensure all received items meet standards.

• Utilize ERP system for gate entry to track incoming and outgoing materials accurately.

• Verify purchase orders against received items to ensure accuracy and completeness.

• Rate check in purchase order...read more

Yearly sales plan can be derived by analyzing past sales data, setting achievable targets, and aligning with company goals.

• Analyze past sales data to identify trends and patterns

• Set achievable targets based on market conditions and company goals

• Consider seasonality and economic factors that may impact sales

• Collaborate with other departments to align sales plan with overall company strategy

• Regularly review and adjust sales plan as needed

RM fluctuations can be settled by hedging, diversifying suppliers, negotiating better prices, and monitoring market trends.

• Hedge against currency fluctuations by using financial instruments like forward contracts, options, or futures.

• Diversify suppliers to reduce dependence on a single source and mitigate risks.

• Negotiate better prices with suppliers to offset the impact of currency fluctuations.

• Monitor market trends and exchange rates to anticipate and prepare for potential f...read more

FMEA is a systematic approach to identify and prevent potential failures in a process or product.

• FMEA stands for Failure Mode and Effects Analysis.

• It is used to analyze and prioritize potential failures and their effects.

• FMEA helps in identifying and implementing preventive measures to reduce risks.

• It involves evaluating failure modes, their causes, and the severity of their effects.

• FMEA is commonly used in industries like automotive, aerospace, and manufacturing.

The duty of a security officer is to protect people, property, and information from potential threats.

• Maintaining a visible presence to deter illegal and inappropriate actions

• Monitoring surveillance equipment and patrolling designated areas

• Responding to alarms and investigating disturbances

• Enforcing rules and regulations to ensure safety and security

• Coordinating with law enforcement and emergency services when necessary

My current responsibility is to oversee the production process, ensure quality control, and manage the production team.

• Overseeing the production process from start to finish

• Ensuring quality control measures are in place and followed

• Managing and leading the production team

• Identifying areas for process improvement and implementing changes

• Collaborating with other departments to ensure timely delivery of products

• Maintaining production records and reports

A motor is a device that converts electrical energy into mechanical energy. Connection refers to the wiring of the motor.

• A motor is an electro-mechanical device that converts electrical energy into mechanical energy.

• It consists of a rotor and a stator, which interact to produce rotational motion.

• The connection refers to the wiring of the motor, which is used to supply power to the motor and control its operation.

• There are various types of motors, including AC motors, DC motor...read more