Hero MotoCorp Manager Interview Questions and Answers

Inventory control Plan

Q1. What is FIFO and process
Ans. 
FIFO stands for First In, First Out and is a process used to manage inventory or data where the first items received are the first to be used or processed.
• FIFO is commonly used in inventory management to ensure that older stock is used before newer stock.

• In computing, FIFO is a method for organizing and manipulating data queues, where the oldest entry is processed first.

• FIFO can also refer to a scheduling algorithm in ...read more
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Q2. First In First Issue
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Q3. What ABC analyses
Ans. 
ABC analysis is a method used for categorizing items based on their importance.
• ABC analysis categorizes items into three groups: A (most important), B (moderately important), and C (least important).

• It helps in prioritizing resources and efforts based on the importance of items.

• For example, in inventory management, high-value items may be categorized as A, while low-value items as C.
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Q4. It is use for material type, A-High Value, B- Midale, C- low value parts
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Q1. Techical questions about DG awareness.
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Q2. Refer people are easy selected.
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North east issue , why it is the main issue of India and why it should be catered.

Q1. Why logistics industry impacted recently.
Ans. 
The logistics industry has been impacted recently due to various factors.
• Disruptions in global supply chains due to COVID-19 pandemic

• Shortage of truck drivers and warehouse workers

• Increased demand for e-commerce and last-mile delivery services

• Rising fuel costs and transportation expenses

• Trade tensions and tariffs affecting international trade

• Natural disasters and extreme weather conditions affecting transportation and ...read more
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