Describe a situation where you're required to hire a vehicle from a vendor for a target prize that is slightly below the market rate

Question

Accepted Answer

I once had to hire a vehicle from a vendor for a slightly lower price than market rate.

Negotiated with vendor to lower price without compromising quality
Ensured that the vehicle met all necessary requirements
Monitored the vehicle's performance to ensure it was up to standard
Communicated with vendor regularly to maintain good relationship
Saved company money without sacrificing quality or efficiency

Accepted Answer

Situation 1) If we are in L1, in that situation we have to provide the vehicle below the market rate.

Situation 2) if customer new and high volume in this case we can provide the vehicle and gain the trust and build the confidence.

Situation 3) if customer provide us business on contractual basis in that case we will calculate over all yield of the below customer and place the vehicle.

Describe a situation where you're required to hire a vehicle from a vendor for a target prize that is slightly below the market rate

Top HR questions asked in LetsTransport Deployment Executive