Laborate Pharmaceuticals Interview Questions, Process, and Tips

Q1. What's the best company to work for?
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Q2. Is 50'000 per month a good salary
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Q1. How to control non moving?
Ans. 
Control non-moving inventory by implementing proper inventory management techniques.
• Regularly review inventory levels and identify slow-moving items

• Implement a first-in, first-out (FIFO) inventory system to prevent items from becoming obsolete

• Offer discounts or promotions to sell slow-moving inventory

• Consider donating or liquidating non-moving inventory to free up space and reduce carrying costs
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Q2. Why you maintain safety stock?
Ans. 
Safety stock is maintained to prevent stockouts and ensure smooth operations in case of unexpected demand or supply chain disruptions.
• Prevent stockouts by having extra inventory on hand

• Ensure smooth operations in case of unexpected demand spikes

• Mitigate risks of supply chain disruptions

• Provide buffer for lead time variability

• Help meet customer demand consistently
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In group discussion we share our problem and we find thr solution

Q1. It was quite simple they were not able to pronounce proper names also.
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Q1. Full forms of Various organisations.
Ans. 
Various organisations and their full forms
• UNICEF - United Nations International Children's Emergency Fund

• NASA - National Aeronautics and Space Administration

• WHO - World Health Organization

• FBI - Federal Bureau of Investigation

• NATO - North Atlantic Treaty Organization
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