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I applied via Naukri.com and was interviewed in May 2021. There was 1 interview round.
To cut down cost in purchase, we can implement the following strategies:
Negotiate with suppliers for better prices
Consolidate purchases to get volume discounts
Implement a just-in-time inventory system to reduce storage costs
Explore alternative suppliers or materials
Reduce waste and optimize usage of resources
Implement cost-saving measures such as energy-efficient equipment
Monitor and analyze spending to identify areas
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