Ipca Laboratories Senior Purchase Officer Interview Questions and Answers

Q1. Work and experience related questions from my field.
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Q1. One on one round with the manager purchase on past work experience and industry hold at my position.
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Behaviour and skill set tested through an online link.

Q1. What are challenges you have faced in your career and how you overcome from that?
Ans. In procurement , main challenge is to provide material on time followed by on time execution of the requirements, so i had delivered my best to the company by ensuring on time material delivery to all the plants.
Answered by Tinwala Abbasali
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Q1. Self details and qualification
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Q1. Purchase requirement questions
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Q2. Material with vendor code creation
Ans. 
Material with vendor code creation involves assigning unique codes to materials purchased from vendors.
• Create a unique vendor code for each material purchased

• Ensure the vendor code is easily identifiable and searchable

• Maintain a database or system to track materials and their corresponding vendor codes
Answered by AI
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Compilation questions and general question

Q1. Po condition material follow up
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Q2. Sap details and wmps
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Bachelor of history and economics and political

Q1. In the first round HR basically checks if you are suitable, form similar background, match of key skills, match of pay scale requirements
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Q1. This is important round which is with the VP or GM. Here one has to prove that you are the right candidate they are looking for. This is purely technical round which include detail descussion of your curre...read more
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Q1. Final HR round usually have discussion about salary. They also want to know how much stable person you are
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Q1. Explain about your self, total work experence, current job resposibilties, how to manage the routine work etc
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Q1. About your Complete Job Profile
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Q2. Technical questions, SOP, Procedures, SAP, ERP
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Q1. Discussion on Salary/ Expectation
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Q1. Why do you want to change your job within 3 years
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Q2. Why do we hire you and what expertise you are having.
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Q3. You want to write a bond for 3 years, are you willing to do so
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Q1. 90 CM = meter=??
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Q1. How you can negotiate for a monopoly product?
Ans. 
Negotiate by highlighting benefits, offering exclusivity deals, and leveraging relationships.
• Emphasize the unique benefits of the product

• Offer exclusivity deals to the supplier

• Leverage relationships with the supplier to negotiate favorable terms

• Explore alternative products or suppliers to create competition

• Consider long-term contracts to secure supply

• Be prepared to walk away if terms are not favorable
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