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Rolling margin in steel can be checked by calculating the difference between the selling price and the cost price, divided by the cost price.
Calculate the rolling margin by subtracting the cost price from the selling price.
Divide the result by the cost price to get the rolling margin percentage.
A higher rolling margin indicates better profitability.
For example, if the cost price of steel is $100 and the selling pr...
Steel weight can be calculated by multiplying the volume of steel by its density.
Calculate the volume of steel (length x width x height)
Determine the density of the specific type of steel being used
Multiply the volume by the density to get the weight
Example: For a steel plate with dimensions 2m x 1m x 0.1m and density of 7850 kg/m^3, weight = 2 x 1 x 0.1 x 7850 = 1570 kg
Store reports are detailed summaries of store performance, including sales, inventory levels, and customer trends.
Store reports provide insights into sales performance, including revenue, profit margins, and product performance.
They also track inventory levels, highlighting popular items and identifying slow-moving stock.
Customer trends such as demographics, purchasing habits, and loyalty program participation are...
Store process involves managing inventory, sales, customer service, and overall operations of the store.
Inventory management to ensure products are stocked and organized efficiently
Sales process including customer interactions, promotions, and transactions
Customer service to address inquiries, complaints, and provide assistance
Overall operations such as scheduling, training staff, and maintaining store appearance
E...
An experience store department is a specialized section within a retail store that focuses on providing customers with unique and immersive shopping experiences.
Experience store departments are designed to engage customers and create memorable experiences.
They often feature interactive displays, demonstrations, and hands-on activities.
These departments may showcase new products, offer personalized services, or hos...
Effective inventory handling ensures optimal stock levels, reduces costs, and enhances customer satisfaction.
Implement a robust inventory management system to track stock levels in real-time.
Utilize FIFO (First In, First Out) method to minimize spoilage, especially in perishable goods.
Conduct regular audits to identify discrepancies and ensure accuracy in inventory records.
Leverage technology, such as barcode scan...
Store level refers to the operational level of a retail store, where day-to-day activities and tasks are carried out.
Store level is where the actual buying and selling of products takes place.
It involves managing inventory, ensuring product availability, and maintaining store cleanliness.
Store level also includes customer service, handling transactions, and resolving customer complaints.
Store executives are respon...
Consumable materials are items that are used up or depleted during the course of normal business operations.
Examples include office supplies like paper and ink cartridges, cleaning supplies like soap and paper towels, and food and beverages for a company break room.
These materials are typically not considered assets and are expensed as they are used.
Proper inventory management is important to ensure that there is ...
Material wastage percent measures the efficiency of resource use in production, indicating how much material is lost during processes.
Material wastage percent is calculated as (Waste Material / Total Material Used) x 100.
For example, if 10 kg of material is used and 2 kg is wasted, the wastage percent is (2/10) x 100 = 20%.
Reducing wastage can lead to cost savings and improved sustainability in operations.
Implemen...
Materials like steel and metal can be measured using various methods such as weight, volume, and dimensions.
Weight measurement: Steel and metal can be measured by weighing them using scales or weighing machines.
Volume measurement: For materials that can be poured or have a defined shape, their volume can be measured using containers or displacement methods.
Dimension measurement: Steel and metal can also be measure...
I applied via Approached by Company and was interviewed in Feb 2024. There was 1 interview round.
There are different types of cement used in construction, each with specific properties and applications.
There are various types of cement such as Portland cement, white cement, rapid hardening cement, low heat cement, etc.
Each type of cement has unique characteristics and is used for specific purposes in construction.
For example, Portland cement is commonly used for general construction purposes, while white cement is...
Rolling margin in steel can be checked by calculating the difference between the selling price and the cost price, divided by the cost price.
Calculate the rolling margin by subtracting the cost price from the selling price.
Divide the result by the cost price to get the rolling margin percentage.
A higher rolling margin indicates better profitability.
For example, if the cost price of steel is $100 and the selling price i...
Steel weight can be calculated by multiplying the volume of steel by its density.
Calculate the volume of steel (length x width x height)
Determine the density of the specific type of steel being used
Multiply the volume by the density to get the weight
Example: For a steel plate with dimensions 2m x 1m x 0.1m and density of 7850 kg/m^3, weight = 2 x 1 x 0.1 x 7850 = 1570 kg
I applied via Job Portal and was interviewed in Jul 2023. There were 2 interview rounds.
An experience store department is a specialized section within a retail store that focuses on providing customers with unique and immersive shopping experiences.
Experience store departments are designed to engage customers and create memorable experiences.
They often feature interactive displays, demonstrations, and hands-on activities.
These departments may showcase new products, offer personalized services, or host eve...
I applied via Naukri.com and was interviewed before Mar 2023. There was 1 interview round.
Store process involves managing inventory, sales, customer service, and overall operations of the store.
Inventory management to ensure products are stocked and organized efficiently
Sales process including customer interactions, promotions, and transactions
Customer service to address inquiries, complaints, and provide assistance
Overall operations such as scheduling, training staff, and maintaining store appearance
Exampl...
Store reports are detailed summaries of store performance, including sales, inventory levels, and customer trends.
Store reports provide insights into sales performance, including revenue, profit margins, and product performance.
They also track inventory levels, highlighting popular items and identifying slow-moving stock.
Customer trends such as demographics, purchasing habits, and loyalty program participation are ofte...
I applied via Referral and was interviewed before Oct 2022. There were 2 interview rounds.
Effective inventory handling ensures optimal stock levels, reduces costs, and enhances customer satisfaction.
Implement a robust inventory management system to track stock levels in real-time.
Utilize FIFO (First In, First Out) method to minimize spoilage, especially in perishable goods.
Conduct regular audits to identify discrepancies and ensure accuracy in inventory records.
Leverage technology, such as barcode scanners,...
RICO stands for Recognize, Identify, Collect, and Organize. It is a method used in inventory management.
Recognize the need for inventory management
Identify the items that need to be tracked
Collect data on the items, such as quantity, location, and value
Organize the inventory data in a system that is easy to access and update
Material wastage percent measures the efficiency of resource use in production, indicating how much material is lost during processes.
Material wastage percent is calculated as (Waste Material / Total Material Used) x 100.
For example, if 10 kg of material is used and 2 kg is wasted, the wastage percent is (2/10) x 100 = 20%.
Reducing wastage can lead to cost savings and improved sustainability in operations.
Implementing ...
I applied via Naukri.com and was interviewed in May 2021. There was 1 interview round.
Store level refers to the operational level of a retail store, where day-to-day activities and tasks are carried out.
Store level is where the actual buying and selling of products takes place.
It involves managing inventory, ensuring product availability, and maintaining store cleanliness.
Store level also includes customer service, handling transactions, and resolving customer complaints.
Store executives are responsible...
ASSIGNMENT
I applied via Naukri.com and was interviewed in Dec 2020. There was 1 interview round.
Store level refers to the operational level of a retail store, where day-to-day activities and decisions are made.
Store level is where the store manager and staff work directly with customers and handle daily operations.
It involves tasks such as inventory management, sales tracking, customer service, and staff supervision.
Store level decisions include pricing, promotions, product placement, and staffing.
Examples of sto...
Consumable materials are items that are used up or depleted during the course of normal business operations.
Examples include office supplies like paper and ink cartridges, cleaning supplies like soap and paper towels, and food and beverages for a company kitchen or break room.
These materials are typically not considered assets and are expensed as they are used.
Proper inventory management is important to ensure that the...
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