Maersk Analyst Interview Questions and Answers

Material management process involves planning, organizing, and controlling the flow of materials from acquisition to consumption.

• Includes procurement, storage, inventory control, and distribution of materials

• Ensures timely availability of materials while minimizing costs

• Involves forecasting demand, monitoring inventory levels, and optimizing supply chain

• Example: Just-in-time inventory management system

The invoice process involves generating and sending bills for goods or services provided to customers.

• Invoices are typically created using accounting software or templates.

• They include details such as the products or services provided, quantities, prices, and payment terms.

• Invoices are sent to customers either electronically or by mail.

• Customers are expected to pay the invoice within a specified timeframe.

• Late payments

The invoice process involves creating, sending, and tracking invoices for goods or services provided.

• Invoices are typically generated by the seller and sent to the buyer for payment.

• They include details such as the products or services provided, quantities, prices, and payment terms.

• Invoices may be sent via mail, email, or through online invoicing platforms.

• Tracking invoices involves monitoring payment status, followin...read more

Material management process involves planning, organizing, and controlling the flow of materials from acquisition to disposal.

• Includes procurement, inventory management, storage, and distribution

• Ensures timely availability of materials while minimizing costs

• Utilizes tools like ERP systems for efficient tracking and management

• Example: Just-in-time inventory system in manufacturing