Kokuyo Camlin Senior Purchase Officer Interview Questions and Answers

HSN stands for Harmonized System of Nomenclature. It is a code system used to classify goods for taxation purposes.

• HSN code is a 6-digit code used to classify goods for taxation purposes

• It is used in India for Goods and Services Tax (GST) purposes

• The first two digits of the HSN code represent the chapter under which the goods fall

• The next two digits represent the heading under which the goods fall

• The last two digits re...read more

A purchase order is a commercial document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.

• It is a legal contract between the buyer and seller.

• It specifies the details of the purchase, including the quantity, price, delivery date, and payment terms.

• It serves as a record of the transaction and helps to prevent disputes between the buyer and seller.

• It is used by the ...read more

Full process start to end previous origination refers to the entire procurement process from the initial request to the final delivery of goods or services.

• It includes identifying the need for procurement

• Creating a purchase requisition

• Obtaining quotes or proposals from suppliers

• Negotiating terms and conditions

• Issuing a purchase order

• Receiving and inspecting the goods or services

• Approving and processing invoices

• Closing ...read more