Hygienic Research Institute Senior Supply Chain Manager Interview Questions and Answers

Days of Hand cover is impacted by factors such as demand variability, lead time, safety stock levels, and supplier reliability.

• Demand variability: Fluctuations in demand can affect the amount of inventory needed to cover a certain number of days.

• Lead time: Longer lead times can result in higher Days of Hand cover as it takes longer to replenish inventory.

• Safety stock levels: Higher safety stock levels can increase Days...read more

Demand planning involves forecasting customer demand, creating a sales plan, adjusting inventory levels, and collaborating with stakeholders.

• Forecast customer demand based on historical data and market trends

• Create a sales plan to meet the forecasted demand

• Adjust inventory levels to ensure availability of products

• Collaborate with stakeholders such as sales, marketing, and production teams

• Monitor and adjust the demand p...read more

Demand planning is the process of forecasting customer demand for a product or service to ensure optimal inventory levels.

• Analyzing historical sales data

• Collaborating with sales and marketing teams

• Utilizing forecasting tools and software

• Considering external factors like market trends and seasonality

• Adjusting forecasts based on new information or changes in demand

Some tools used for demand planning include ERP systems, forecasting software, and inventory management systems.

• Enterprise Resource Planning (ERP) systems help integrate various aspects of the supply chain to improve demand forecasting accuracy.

• Forecasting software uses historical data and statistical models to predict future demand trends.

• Inventory management systems track inventory levels and help optimize stock leve

In case of disagreement during S&OP calls, focus on data-driven discussions, seek input from all stakeholders, and work towards consensus.

• Encourage open communication and active listening to understand different perspectives

• Review relevant data and metrics to support arguments and make informed decisions

• Involve key stakeholders in the discussion to gather diverse viewpoints and reach consensus

• Consider compromise and al...read more