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I applied via Naukri.com and was interviewed in Jan 2024. There were 2 interview rounds.
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...
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...
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...
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
ITC is a leading conglomerate with diverse business operations and a strong focus on sustainability.
ITC has a strong presence in multiple industries such as FMCG, hospitality, paperboards, and packaging.
The company has a reputation for innovation and sustainability, with initiatives such as e-Choupal and the ITC Green Centre.
ITC's commitment to social responsibility and community development aligns with my personal val...
I prefer the stability and resources of an established company.
I value the security and benefits that come with working for an established company.
I enjoy being part of a team and working towards a common goal.
I appreciate the opportunity to learn from experienced managers and mentors.
I believe that an established company provides more opportunities for career growth and advancement.
I am excited about the potential to ...
I applied via Recruitment Consultant and was interviewed in Nov 2020. There were 3 interview rounds.
GT stands for automatic transmission while MT stands for manual transmission.
GT is an abbreviation for 'Grand Touring' or 'Gran Turismo' and refers to a type of automatic transmission that allows for smooth shifting and a comfortable ride.
MT stands for 'Manual Transmission' and requires the driver to manually shift gears using a clutch pedal and gear stick.
GT is often found in high-performance sports cars while MT is c...
I applied via Naukri.com and was interviewed in Aug 2018. There were 3 interview rounds.
I applied via Naukri.com and was interviewed in Jun 2020. There was 1 interview round.
I applied via Naukri.com and was interviewed before Oct 2021. There were 3 interview rounds.
I applied via Campus Placement and was interviewed before Dec 2020. There were 4 interview rounds.
posted on 30 Aug 2023
T-code repleted acknowledge refers to acknowledging all transaction codes in a system.
Acknowledge all T-codes in the system
Ensure all transactions are properly recorded and acknowledged
Review and confirm completion of all T-code transactions
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