Gravita Operations Specialist Interview Questions and Answers

Incoterms are standard trade definitions used in international trade to define the responsibilities of buyers and sellers.

• There are 11 Incoterms in total

• They are divided into four categories: E, F, C, and D

• E terms are for use when the seller is responsible for the goods only until they are made available at the seller's premises

• F terms are for use when the seller is responsible for the goods until they are loaded onto ...read more

Types of letter of credit in international trade

• There are various types of letter of credit (LC) used in international trade such as commercial LC, standby LC, revolving LC, transferable LC, back-to-back LC, red clause LC, green clause LC, and direct pay LC.

• Commercial LC is used for payment of goods and services, standby LC is used as a backup in case of default, revolving LC is used for multiple shipments, transferabl...read more

Blank endorsement on bill of lading allows for transfer of ownership.

• Blank endorsement means the holder of the bill of lading can transfer ownership to another party.

• It is commonly used in international trade to facilitate the transfer of goods.

• The blank endorsement allows the new holder to take possession of the goods without the need for a new bill of lading.

• It also allows for easier financing of the goods as the bil...read more

My strengths include strong analytical skills, attention to detail, and excellent communication abilities.

• Strong analytical skills - able to analyze complex data and make informed decisions

• Attention to detail - meticulous in reviewing work for accuracy and completeness

• Excellent communication abilities - able to effectively convey information to team members and clients

One of my weaknesses is that I tend to be overly critical of my own work.

• I have a tendency to be a perfectionist and can spend too much time on a task to ensure it is flawless.

• I sometimes struggle with delegating tasks to others because I want to make sure they are done correctly.

• I am working on improving my ability to accept constructive criticism and not take it personally.

Estimating the size of different categories based on available data and trends.

• Analyze historical sales data to identify trends and patterns in category sizing

• Consider external factors such as market trends and competition

• Use market research and customer feedback to make informed guestimates

• Utilize forecasting techniques to predict future category sizing

• Example: Estimate the size of the electronics category based on pa

I worked at XYZ Company as a Senior Associate and was responsible for managing a team of 10 employees. I am willing to join a new organization to further develop my skills and contribute to its success.

• Worked at XYZ Company as a Senior Associate

• Managed a team of 10 employees

• Responsibilities included overseeing daily operations, training new hires, and ensuring customer satisfaction

• Successfully implemented new strategie...read more