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Isgec Titan Metal Fabricators

2.9
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J&J Sourcing Interview Questions and Answers

Updated 5 Feb 2024

Q1. How to promise the delivery of material in case supplier denies to supply the material?

Ans.

Negotiate with alternate suppliers and ensure timely delivery.

  • Identify alternate suppliers who can provide the required material.

  • Negotiate with them for timely delivery and favorable terms.

  • Ensure that the quality of the material is up to the mark.

  • Communicate the change in supplier to the concerned parties.

  • Monitor the delivery schedule closely to avoid any delays.

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Q2. How Transportation orders has been placed?

Ans.

Transportation orders are placed through a centralized system that tracks inventory and delivery schedules.

  • Orders are placed by authorized personnel through the transportation management system

  • The system tracks inventory levels and delivery schedules to ensure timely delivery

  • Orders are assigned to specific carriers based on their availability and capacity

  • The system generates shipping labels and tracking information for each order

  • Transportation costs are calculated and billed ...read more

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Q3. What are the general terms of quotation?

Ans.

General terms of quotation refer to the basic elements that should be included in a formal quote.

  • Identification of the seller and buyer

  • Description of the goods or services being quoted

  • Price and payment terms

  • Delivery terms and schedule

  • Validity period of the quote

  • Terms and conditions of the sale

  • Any applicable taxes or fees

  • Acceptance and signature of both parties

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Q4. How boiler unit rates has been fixed?

Ans.

Boiler unit rates are fixed based on various factors such as fuel type, boiler size, and efficiency.

  • Boiler unit rates are determined by the cost of fuel used to power the boiler.

  • The size of the boiler also plays a role in determining the unit rate.

  • Efficiency of the boiler is another factor that affects the unit rate.

  • Other factors such as maintenance costs and environmental regulations may also impact the unit rate.

  • Boiler unit rates may vary depending on the region and market ...read more

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Q5. Difference between Purchase order and contract?

Ans.

Purchase order is a document used to request goods or services, while a contract is a legally binding agreement between two parties.

  • Purchase order is a one-time agreement, while a contract is a long-term agreement.

  • Purchase order is used for specific goods or services, while a contract can cover a range of goods or services.

  • Purchase order is usually initiated by the buyer, while a contract can be initiated by either party.

  • Purchase order is not legally binding, while a contract...read more

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Q6. Explaination on price variation of metals

Ans.

Price variation of metals is affected by various factors such as supply and demand, geopolitical events, and economic indicators.

  • Supply and demand play a major role in determining the price of metals.

  • Geopolitical events such as wars, sanctions, and trade agreements can impact the price of metals.

  • Economic indicators such as inflation, interest rates, and currency exchange rates can also affect metal prices.

  • For example, the price of gold tends to rise during times of economic u...read more

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