Larsen & Toubro Limited Store Incharge Interview Questions and Answers

Stored material refers to any items or products that are kept in a designated storage area for future use or distribution.

• Stored material can include inventory, supplies, equipment, and raw materials.

• Examples of stored material in a retail setting may include clothing, electronics, and household goods.

• Proper organization and labeling of stored material is essential for efficient inventory management.

• Regular inventory c...read more

Raw materials are the basic materials used in the production of goods.

• Raw materials are the basic materials used in the production of goods

• Examples include wood, metal, plastic, fabric, chemicals, etc.

• Stored raw materials need to be properly organized and managed to ensure efficient production processes

Select class job refers to a job position that involves choosing or picking specific items or products for customers or orders.

• Involves selecting specific items or products based on customer requests or orders

• Requires attention to detail to ensure accuracy in selecting the right items

• May involve using technology or systems to locate and retrieve items efficiently

• Common in retail, warehouse, and logistics industries

• Exam...read more

I can perform effectively by managing inventory, supervising staff, ensuring customer satisfaction, and implementing store policies.

• Maintain accurate inventory records to prevent stockouts and overstocking

• Supervise store staff to ensure tasks are completed efficiently

• Address customer concerns and provide excellent service to enhance customer satisfaction

• Implement store policies and procedures to maintain a smooth opera

A supply chain is a network of organizations involved in the process of producing and delivering a product or service to the end customer.

• Involves all stages from raw material sourcing to final delivery

• Includes suppliers, manufacturers, distributors, retailers, and customers

• Focuses on efficiency, cost-effectiveness, and customer satisfaction

Effective methods to control inventory include implementing inventory management software, conducting regular audits, setting reorder points, and utilizing just-in-time inventory.

• Implementing inventory management software to track stock levels and streamline ordering processes

• Conducting regular audits to identify discrepancies and prevent stockouts or overstocking

• Setting reorder points to automatically replenish invent...read more

Implementing strategies like ABC analysis, just-in-time inventory, and regular inventory audits can help reduce non-moving inventory.

• Conduct an ABC analysis to categorize inventory based on value and prioritize management efforts.

• Implement just-in-time inventory practices to reduce excess stock and minimize non-moving inventory.

• Regularly review and update inventory levels to prevent overstocking and identify slow-movin...read more