LuLu Group International Interview Questions, Process, and Tips

A stock controller is responsible for managing and monitoring inventory levels within a company.

• Responsible for maintaining accurate records of stock levels

• Monitoring stock movements and identifying discrepancies

• Reordering stock to ensure optimal levels

• Collaborating with suppliers and internal teams to coordinate stock deliveries

• Analyzing stock data to forecast future needs

Ageing item refers to inventory that has been in stock for a long period of time without being sold. FIFO stands for First In, First Out.

• Ageing item is inventory that has been in stock for a long time without being sold

• FIFO is a method of inventory management where the oldest stock is sold first before newer stock

• Example: If a company has 100 units of a product and sells 50 units, the remaining 50 units are considered

Golden rules of accounting are basic principles that guide the process of recording financial transactions.

• There are three golden rules of accounting: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.

• These rules help maintain the balance in accounting records and ensure accuracy in financial reporting.

• For example, when a company receives...read more

Experienced business development executive with a proven track record of driving revenue growth and building strong client relationships.

• Over 5 years of experience in business development

• Successfully increased sales by 30% in previous role

• Skilled in identifying new business opportunities and negotiating deals

• Strong communication and interpersonal skills

• Bachelor's degree in Business Administration