IBM Strategy Consultant Interview Questions and Answers

Strategy for Ministry of Culture which is witnessing declining feedback from tourists

Q1. Round 2 was based on resume
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Q1. Round 3 was based on resume
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Q1. Case study based on profile, can include elements around guesstimates, case solving
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Q1. Explain Supply Chain Process for any organisation
Ans. 
The supply chain process involves the flow of goods and services from the supplier to the customer.
• The process starts with the procurement of raw materials or finished goods from suppliers

• The materials are then transported to the manufacturing or production facility

• The goods are then produced or assembled and packaged for distribution

• The finished products are then transported to warehouses or distribution centers

• The pr...read more
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Q2. What are different drivers for Forecasting and Demand sensing?
Ans. 
Forecasting and demand sensing have different drivers.
• Forecasting is driven by historical data and trends.

• Demand sensing is driven by real-time data and market changes.

• Forecasting is used for long-term planning and production.

• Demand sensing is used for short-term adjustments and inventory management.

• Forecasting is more accurate for stable markets, while demand sensing is better for volatile markets.

• Examples of forecast...read more
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Q3. How can the entire process of Forecasting be automated? What changes can made in current methodologies given the huge amount of data available in today's world
Ans. 
Automating forecasting process requires advanced analytics and machine learning techniques.
• Use advanced analytics and machine learning techniques to automate forecasting process

• Leverage big data and cloud computing to handle large amounts of data

• Implement real-time data processing and predictive modeling

• Use automated algorithms to identify patterns and trends in data

• Integrate forecasting models with business intelligen...read more
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Q4. How can digital initiatives help in building a resilient organization?
Ans. 
Digital initiatives can enhance organizational resilience through increased agility, efficiency, and innovation.
• Digital tools can enable remote work and collaboration, ensuring business continuity during disruptions.

• Data analytics can provide real-time insights for informed decision-making and risk management.

• Automation can streamline processes and reduce costs, freeing up resources for strategic investments.

• Digital pl...read more
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