Flex Senior Analyst Interview Questions, Process, and Tips

Basic supply chain questions with quantitative sessions

Q1. What is supply chain management ?
Ans. 
Supply chain management is the coordination and management of activities involved in the production and delivery of products and services.
• It involves planning, sourcing, manufacturing, and delivering products to customers.

• It aims to optimize the flow of goods and services, minimize costs, and improve efficiency.

• It includes managing relationships with suppliers, distributors, and customers.

• Examples include inventory man...read more
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Q2. Define procurement, incoterms, eco, mco
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Q3. Types of inventory and explanation
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Inventory can be classified into three types: raw materials, work-in-progress, and finished goods.
• Raw materials: materials that are used to create a product, such as wood for furniture or fabric for clothing.

• Work-in-progress: partially completed products that are still being worked on, such as a car that is being assembled.

• Finished goods: completed products that are ready to be sold, such as a fully assembled car or a ...read more
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Q2. What is procure to pay?
Ans. 
Procure to pay is the process of acquiring goods and services from a vendor and paying for them.
• Procure to pay involves the entire process from identifying the need for goods or services to paying the vendor.

• It includes steps such as requisitioning, sourcing, purchasing, receiving, and invoicing.

• Procure to pay aims to streamline the purchasing process and ensure timely and accurate payments to vendors.

• Examples of procu...read more
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Q3. What is indirect procurement?
Ans. 
Indirect procurement refers to the purchase of goods and services that are not directly related to the production of goods or services.
• Indirect procurement includes items such as office supplies, IT equipment, and travel expenses.

• It is often managed separately from direct procurement to ensure better control and cost savings.

• Indirect procurement can be a significant expense for companies and requires careful management...read more
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Q4. What is bill of material?
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A bill of material is a comprehensive list of materials, components, and sub-assemblies required to manufacture a product.
• It includes all the raw materials, parts, and sub-assemblies needed to produce a finished product.

• It specifies the quantity of each item required for production.

• It helps in estimating the cost of production and managing inventory.

• It is commonly used in manufacturing, construction, and engineering in...read more
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Q5. What is bill of ladding
Ans. 
A document that serves as a receipt of goods and a contract of carriage between a shipper and a carrier.
• Bill of lading is a legal document that details the type, quantity, and destination of goods being shipped.

• It serves as a receipt of goods and a contract of carriage between a shipper and a carrier.

• It is used in international trade to ensure that goods are transported and delivered to the correct recipient.

• It can als...read more
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Q6. What is transit and lead time?
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Transit time is the duration taken for goods to be transported from one location to another, while lead time is the duration between placing an order and receiving the goods.
• Transit time is the time taken for goods to be transported from one location to another

• Lead time is the time between placing an order and receiving the goods

• Transit time can be affected by factors such as distance, mode of transportation, and custo...read more
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Q1. Salary expectations?
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Moderate

Q1. Depend upon the manager.. the interview questions will be tough
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Q1. This will be package discussion
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Basic Questions related to supply chain management

Q1. Basic Questions on Supply chain Management, simple case related questions
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Q1. General sof skill questions
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