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P2P cycle in Purchase refers to Procure-to-Pay cycle which involves the entire process of purchasing goods or services.
The cycle starts with identifying the need for a product or service.
Then, a purchase requisition is created and approved.
Next, a purchase order is generated and sent to the vendor.
Goods or services are received and inspected.
Invoice is received and matched with the purchase order and goods receipt.
Paym...
Developing new vendors involves identifying potential suppliers, evaluating their capabilities, negotiating contracts, and building strong relationships.
Conduct market research to identify potential vendors
Evaluate vendor capabilities and quality standards
Negotiate contracts and pricing terms
Establish clear communication channels and expectations
Monitor vendor performance and provide feedback
Build strong relationships
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I applied via Approached by company and was interviewed in Aug 2021. There were 2 interview rounds.
Quant focussed Case Study (be prepared for calculations)
I applied via Company Website and was interviewed before Oct 2020. There was 1 interview round.
I appeared for an interview in Mar 2017.
To make the red fishes 98%, 50 fishes have to be removed from the aquarium.
Calculate 1% of 200 fishes, which is 2 fishes.
To make the red fishes 98%, subtract 1% (2 fishes) from 99% (198 fishes).
To find the number of fishes to be removed, divide the difference by 1% (2 fishes).
Therefore, 50 fishes have to be removed to make the red fishes 98%.
I appeared for an interview in Feb 2017.
I appeared for an interview in Mar 2017.
To make the red fishes 98%, 50 fishes have to be removed from the aquarium.
Calculate 1% of 200 fishes to find the number of red fishes.
Subtract the number of red fishes from 200 to find the number of non-red fishes.
Calculate 2% of the total number of fishes to find the desired number of red fishes.
Subtract the desired number of red fishes from the current number of red fishes to find the number of fishes to be removed.
Executive Accountant
5
salaries
| ₹2.5 L/yr - ₹4.1 L/yr |
Accountant
4
salaries
| ₹2.4 L/yr - ₹7 L/yr |
Maintenance Engineer
4
salaries
| ₹2 L/yr - ₹2.8 L/yr |
Purchase Executive
4
salaries
| ₹2.5 L/yr - ₹4 L/yr |
Quality Engineer
4
salaries
| ₹2.2 L/yr - ₹2.2 L/yr |
Huawei Technologies
Z X Learning
Evision Technoserve
Cogoport