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P2P cycle refers to the Procure-to-Pay cycle, which involves the process of obtaining goods or services from a supplier and paying for them.
P2P cycle starts with the identification of a need for goods or services within an organization.
Next, the organization requests quotes or proposals from suppliers to fulfill the identified need.
Once a supplier is selected, a purchase order is created and sent to the supplier.
The su...
Sourcing is the process of finding, evaluating, and selecting suppliers to provide goods or services.
Sourcing involves identifying potential suppliers
Evaluating suppliers based on criteria such as quality, price, and reliability
Selecting the best supplier to fulfill the organization's needs
Negotiating contracts and terms with the chosen supplier
Monitoring supplier performance to ensure quality and timely delivery
T-codes are transaction codes used in SAP to perform specific tasks. Some common T-codes for creating, amending, and displaying purchase requisitions are ME51N, ME52N, and ME53N.
ME51N - Create Purchase Requisition
ME52N - Change Purchase Requisition
ME53N - Display Purchase Requisition
Java OOP's concept focuses on creating classes and objects to model real-world entities.
OOP stands for Object-Oriented Programming
Key concepts include classes, objects, inheritance, polymorphism, and encapsulation
Classes are blueprints for objects, defining attributes and behaviors
Objects are instances of classes, representing specific entities
Inheritance allows classes to inherit attributes and behaviors from parent c...
I applied via Naukri.com and was interviewed in Nov 2023. There were 2 interview rounds.
I applied via Referral and was interviewed in Apr 2023. There were 3 interview rounds.
Questions on maths and Reasoning
Gigatech Software and Manpower Services interview questions for popular designations
Top trending discussions
I applied via Recruitment Consultant and was interviewed in Mar 2021. There were 3 interview rounds.
A framework is a set of guidelines, standards, and tools used to develop software applications.
A framework provides a structure for developers to build upon
It includes pre-written code and libraries to simplify development
Frameworks can be specific to a programming language or platform
Examples include React for web development and TensorFlow for machine learning
posted on 19 Nov 2020
I applied via Campus Placement and was interviewed in Jan 2021. There were 3 interview rounds.
Swap two numbers with and without temporary variable
Without temporary variable: Use addition and subtraction
With temporary variable: Use a third variable to store the value of one of the numbers
Example without temporary variable: a=5, b=7; a=a+b; b=a-b; a=a-b;
Example with temporary variable: a=5, b=7; temp=a; a=b; b=temp;
I applied via Naukri.com and was interviewed in Jan 2020. There were 3 interview rounds.
Depreciation is necessary to allocate the cost of an asset over its useful life.
Depreciation helps in matching the cost of an asset with the revenue it generates.
It allows for the recognition of the wear and tear, obsolescence, and loss of value of assets over time.
Depreciation expense reduces taxable income, resulting in tax savings for companies.
It helps in determining the true profitability and financial position of...
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Rating in categories
Procurement Analyst
94
salaries
| ₹2.2 L/yr - ₹4.8 L/yr |
Procurement Executive
60
salaries
| ₹2.3 L/yr - ₹3.6 L/yr |
Procurement Engineer
47
salaries
| ₹2.4 L/yr - ₹4.2 L/yr |
Process Associate
46
salaries
| ₹2.2 L/yr - ₹3.8 L/yr |
Procurement Associate
26
salaries
| ₹2.3 L/yr - ₹4.8 L/yr |
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