Manitou Equipment India Procurement Executive Interview Questions and Answers

Monthly planning and scheduling of parts is done through a systematic approach.

• Review inventory levels and forecasted demand

• Identify critical parts and prioritize their procurement

• Coordinate with suppliers to ensure timely delivery

• Update the schedule as needed based on changes in demand or supply

• Communicate the schedule to relevant stakeholders

ABC inventory analysis is a method of categorizing inventory based on its value and importance.

• ABC analysis divides inventory into three categories: A, B, and C.

• Category A includes high-value items that make up a small percentage of inventory but a large percentage of total value.

• Category B includes moderate-value items that make up a moderate percentage of inventory and value.

• Category C includes low-value items that m...read more