IFB Key Accounts Business Manager Interview Questions and Answers

Types of inventory include raw materials, work-in-progress, finished goods, and MRO (maintenance, repair, and operations) inventory.

• Raw materials: materials used in the production process

• Work-in-progress: partially completed products

• Finished goods: completed products ready for sale

• MRO inventory: items used to support production and operations

Manpower handling depends on the size of the store and volume of inventory.

• Manpower handling can range from a small team of 2-3 employees to a larger team of 10+ depending on the size of the store.

• Efficient organization and delegation of tasks are crucial for effective manpower handling.

• Regular training and supervision help in optimizing manpower resources.

• Utilizing technology like inventory management systems can stre