FirstCry Purchase Executive Interview Questions and Answers

BOM stands for Bill of Materials, a comprehensive list of raw materials, components, and assemblies required to manufacture a product.

• BOM is essential for production planning and inventory management.

• It includes details such as part numbers, quantities, and descriptions of each item.

• BOM can be hierarchical, with sub-assemblies listed under main assemblies.

• Example: A BOM for a bicycle would list components like frame, w

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

• The cycle starts with identifying the need for a product or service.

• Next, a purchase requisition is created and approved.

• A purchase order is then sent to the supplier.

• Goods or services are received and inspected.

• An invoice is received from the supplier.

• The invoice is matched with t...read more

Some logistics partners in India include Blue Dart, DTDC, FedEx, Delhivery, and Gati.

• Blue Dart

• DTDC

• FedEx

• Delhivery

• Gati