HYT Engineering Purchase Executive Interview Questions and Answers

I will analyze the tool requirements, research suppliers, negotiate prices, and evaluate the quality of tools to determine the cost.

• Analyze tool requirements

• Research suppliers

• Negotiate prices

• Evaluate tool quality

• Determine tool cost

• Consider long-term cost savings

• Maintain good relationships with suppliers

I will negotiate with suppliers, explore alternative sources, and optimize inventory management.

• Negotiate with suppliers to get better prices

• Explore alternative sources for raw materials

• Optimize inventory management to reduce waste and overstocking

• Monitor market trends and adjust purchasing strategies accordingly

• Collaborate with other departments to find cost-saving solutions

• Implement cost-saving measures such as bulk

GST on goods is a tax levied on the supply of goods in India.

• GST rates vary depending on the type of goods

• GST is divided into 5 tax slabs - 0%, 5%, 12%, 18%, and 28%

• GST replaced various indirect taxes like VAT, excise duty, etc.

• GST has made the taxation system more transparent and efficient