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Indiradev Infotech Interview Questions and Answers

Updated 29 Oct 2024

Q1. How to identify a new vendor ??

Ans.

Identifying a new vendor involves conducting research, evaluating their products/services, checking references, and negotiating terms.

  • Conduct thorough research on potential vendors

  • Evaluate the quality of their products/services

  • Check references and reviews from other clients

  • Negotiate terms and pricing to ensure a mutually beneficial agreement

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Q2. Do you know advanced Excel ?

Ans.

Yes, I am proficient in advanced Excel including pivot tables, VLOOKUP, and macros.

  • Proficient in creating and manipulating pivot tables for data analysis

  • Skilled in using VLOOKUP and other advanced functions for data manipulation

  • Experience in automating tasks using macros to improve efficiency

  • Familiar with data visualization techniques using charts and graphs

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Q3. Which materials do you Procure??

Ans.

I procure a variety of materials including office supplies, equipment, technology, and services.

  • Office supplies such as paper, pens, and folders

  • Equipment like computers, printers, and furniture

  • Technology such as software licenses and hardware components

  • Services like maintenance contracts and consulting agreements

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Q4. Explain Procure to Pay process.

Ans.

Procure to Pay process involves the steps from requisitioning goods/services to making payment to suppliers.

  • 1. Requisition: Identify the need for goods/services.

  • 2. Vendor selection: Choose a supplier based on criteria like price, quality, and delivery time.

  • 3. Purchase order: Create a formal document outlining the details of the purchase.

  • 4. Goods receipt: Receive and inspect the goods/services.

  • 5. Invoice verification: Match the invoice with the purchase order and goods receipt...read more

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Q5. Ethics of purchasing professional

Ans.

Ethics of purchasing professional involves making decisions based on moral principles and values.

  • Always prioritize honesty and transparency in all purchasing transactions

  • Avoid conflicts of interest and ensure fair and equal treatment of all suppliers

  • Adhere to company policies and legal regulations regarding purchasing practices

  • Consider the environmental and social impact of purchasing decisions

  • Seek approval from appropriate authorities for high-value or sensitive purchases

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Q6. Process of procurement

Ans.

Procurement process involves acquiring goods or services from external sources.

  • Identify needs and requirements

  • Research potential suppliers

  • Request for proposals or quotes

  • Evaluate proposals and select supplier

  • Negotiate terms and finalize contract

  • Monitor supplier performance

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