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IBM
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I applied via Naukri.com and was interviewed in Jun 2022. There was 1 interview round.
The advising bank plays a crucial role in international trade transactions by providing guidance and assistance to both the exporter and importer.
The advising bank acts as an intermediary between the exporter's bank and the importer's bank.
It verifies the authenticity of the letter of credit (LC) issued by the importer's bank to ensure its compliance with the terms and conditions.
The advising bank advises the exporter ...
Discounting and TR are both financial concepts, but they have different meanings and applications.
Discounting refers to the process of determining the present value of future cash flows by applying a discount rate.
TR, on the other hand, stands for Trade Receivables and represents the amount owed to a company by its customers for goods or services provided.
Discounting is a financial calculation used to evaluate investme...
Check points in discounting
Verify the accuracy of the discount rate applied
Ensure the correct calculation of the discounted amount
Confirm the eligibility of the transaction for discounting
Validate the supporting documentation for the discounting process
Review any applicable terms and conditions for discounting
Check for any restrictions or limitations on the discounting process
The account to be debited and credited at the time of discounting depends on the specific transaction and the parties involved.
In general, the account to be debited is the Discount Allowed account, which represents the expense incurred by the seller for providing the discount.
The account to be credited is typically the Accounts Receivable account, which represents the amount owed by the buyer for the discounted goods o...
I applied via Walk-in and was interviewed before Oct 2021. There were 5 interview rounds.
Basic aptitudes test about you iq
About topic of myths should all having chance eager to deliver
I was interviewed in Dec 2024.
The assessment consists of four components: 1. Logical reasoning, 2. MS Excel, 3. PTP, and 4. Detail orientation.
In my previous position, I was responsible for managing daily operations, coordinating with different departments, and ensuring smooth workflow.
Managed daily operations to ensure efficiency
Coordinated with various departments for seamless communication
Ensured smooth workflow by resolving any operational issues
Implemented process improvements to increase productivity
SAP is an enterprise resource planning software that helps streamline business processes, including the Procure-to-Pay process.
SAP stands for Systems, Applications, and Products in Data Processing.
It integrates various functions within an organization, such as finance, HR, and procurement.
In the Procure-to-Pay process, SAP helps automate and optimize the purchasing process from requisition to payment.
It allows for bett...
I handle vendors by establishing clear communication channels, setting expectations, negotiating terms, and monitoring performance.
Establish clear communication channels with vendors to ensure smooth operations
Set clear expectations regarding deliverables, timelines, and quality standards
Negotiate terms and contracts to ensure mutually beneficial agreements
Monitor vendor performance regularly and address any issues pro...
The organization offers competitive salary structure, various shifts, and comprehensive benefits.
Competitive salary structure based on experience and qualifications
Multiple shifts available including day, evening, and night shifts
Comprehensive benefits package including health insurance, retirement plans, and paid time off
My expectations are to contribute to the success of the company by utilizing my skills and knowledge. My long-term goal is to grow within the organization and take on more responsibilities.
Expectations to contribute to the success of the company
Long-term goal to grow within the organization
Desire to take on more responsibilities
posted on 7 Feb 2025
I was interviewed in Jan 2025.
Aptitude test is based on quantitative apptitude, English and computer
Write a small code to reverse a string in an array of strings
Iterate through each string in the array
Use built-in functions or write a custom function to reverse each string
Store the reversed strings back in the array
Experienced Operations Executive with a proven track record of optimizing processes and driving efficiency.
Over 10 years of experience in operations management
Successfully implemented cost-saving initiatives resulting in 20% reduction in expenses
Led cross-functional teams to improve workflow and increase productivity
Strong analytical skills and ability to identify areas for improvement
Excellent communication and leader
It was easy not difficult
Experienced operations professional with a background in supply chain management and process improvement.
Over 5 years of experience in operations roles
Skilled in supply chain management and process improvement
Strong analytical and problem-solving skills
Proficient in data analysis and reporting
Excellent communication and teamwork abilities
I applied via Company Website
Continuous learning, seeking feedback, setting goals, and staying updated on industry trends.
Seek feedback from team members and superiors to identify areas for improvement.
Set specific, measurable goals for self-improvement and track progress regularly.
Attend relevant training programs, workshops, and conferences to stay updated on industry trends.
Read management books and articles to gain new insights and perspective...
posted on 19 Jun 2024
Implemented new inventory management system resulting in 20% reduction in stockouts and 15% increase in inventory turnover.
Identified inefficiencies in existing inventory management process
Researched and evaluated potential inventory management systems
Collaborated with cross-functional teams to implement new system
Conducted training sessions for staff on using the new system
My current CTC is INR 15,00,000 per annum.
INR 15,00,000 per annum
Includes base salary, bonuses, and benefits
Negotiable based on the role and responsibilities
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