HIL Limited Interview Questions and Answers

RGP and NRGP are inventory management processes used in Store Keeping.

• RGP stands for Regularly Generated Purchase. It is a process of ordering inventory on a regular basis to maintain stock levels.

• NRGP stands for Non-Regularly Generated Purchase. It is a process of ordering inventory on an as-needed basis.

• RGP is used for items that have a consistent demand, while NRGP is used for items with unpredictable demand.

• Both pr...read more

The process of store involves receiving, storing, issuing and maintaining inventory.

• Receiving goods from suppliers

• Storing goods in appropriate locations

• Issuing goods as per requisitions

• Maintaining inventory levels and records

• Ensuring proper handling and safety of goods

• Regular stocktaking and reconciliation

• Disposing of expired or damaged goods

SMDS stands for Store Management and Distribution System. It is a software used for inventory management and tracking.

• SMDS is a computer-based system used for managing and tracking inventory in a store or warehouse.

• It helps in maintaining accurate records of stock levels, orders, and deliveries.

• SMDS can also generate reports on inventory levels, sales, and other important metrics.

• Examples of SMDS software include SAP, ...read more