Fresh Cartons Manager Demand Planning Interview Questions and Answers

Q1. Introduce yourself, what you do?
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Q2. What is difference between forecast accuracy and bias?
Ans. 
Forecast accuracy measures how close the forecast is to actual results, while bias measures the tendency of the forecast to consistently over or under predict.
• Forecast accuracy is the measure of how close the forecasted values are to the actual values.

• Bias is the tendency of the forecast to consistently over or under predict the actual values.

• Forecast accuracy is typically measured using metrics like Mean Absolute Perc...read more
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Q3. Which according to you is important among the both accuracy or bias if you have to select in them
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Accuracy is more important than bias in demand planning as it ensures the forecast is as close to the actual demand as possible.
• Accuracy ensures that the forecast is as close to the actual demand as possible, leading to better inventory management and customer satisfaction.

• Bias can lead to consistently overestimating or underestimating demand, resulting in excess inventory or stockouts.

• In demand planning, the focus sho...read more
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Q4. Challenges you faced in your carrer
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Q5. What are important factor in demand planning
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Important factors in demand planning include historical data analysis, market trends, collaboration with sales and marketing teams, and accurate forecasting.
• Analyzing historical data to identify patterns and trends

• Monitoring market trends and changes in consumer behavior

• Collaborating closely with sales and marketing teams to gather insights and align strategies

• Utilizing accurate forecasting methods to predict future de...read more
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Q6. Situation question on your colleague alloted to you is not working at all in project handled by you, how will you handle him/her?
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Q7. If you do mistake in forecast thats instead of 200 you put 2000 , what will you do
Ans. 
I would analyze the impact of the mistake on the overall forecast accuracy and take corrective actions to adjust the forecast accordingly.
• Analyze the impact of the mistake on the forecast accuracy

• Identify the root cause of the mistake (e.g. data entry error, system glitch)

• Adjust the forecast by correcting the error and reevaluating the demand drivers

• Communicate the revised forecast to stakeholders to ensure alignment
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Q8. What is your Weakness?
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Q1. Tell about yourself
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Q2. Why you are leaving the company
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Q3. Where do you find yourself in 2-3 years
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Q4. Will you leave the company early like you did in this instance if big MNC comes
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Q1. Previous employer Roles and responsibilities
Ans. 
Managed inventory, supervised staff, and ensured smooth store operations.
• Managed inventory and maintained accurate stock levels.

• Supervised a team of store employees and provided guidance and training.

• Ensured proper organization and cleanliness of the store.

• Handled customer inquiries, complaints, and resolved issues effectively.

• Implemented strategies to optimize sales and increase customer satisfaction.

• Collaborated with...read more
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Q1. STORE operations process
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Q2. Start to end process to be described
Ans. 
The start to end process for Store Incharge involves managing inventory, supervising staff, and ensuring customer satisfaction.
• Receive and organize inventory shipments

• Monitor inventory levels and order new stock as needed

• Supervise and train store staff

• Ensure store is clean and well-maintained

• Provide excellent customer service

• Analyze sales data and adjust strategies accordingly
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14 year sales experience.

Q1. What resion you swich the job
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Q2. What you whant expected Salary
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Q3. How many experience of retail sales
Ans. 
I have 5 years of experience in retail sales.
• I have worked in various retail stores, including a clothing boutique and a department store.

• During my time in retail sales, I have consistently exceeded sales targets and received positive feedback from customers.

• I am skilled in customer service, product knowledge, and upselling techniques.

• I have also trained and supervised new sales associates, helping them improve their s...read more
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Q4. 14 year retail sale experience
Ans. 
Yes
• Yes, I have 14 years of experience in retail sales.

• During my tenure, I have successfully managed and supervised store operations.

• I have consistently achieved sales targets and implemented effective strategies to drive revenue growth.

• I have trained and mentored sales teams, ensuring excellent customer service and satisfaction.

• I have also handled inventory management, merchandising, and promotional activities.

• My exper...read more
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Q5. What are your weaknesses
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Over all experience for my job and position.

Q1. Based on our resume to the work performance
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Q2. Based on our resume for the work
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