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10+ L&T Energy Hydrocarbon Interview Questions and Answers

Updated 7 Nov 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. What is GRN DAY BOOK DETAIL

Ans.

GRN Day Book Detail is a record of all goods received into the store on a particular day.

  • GRN stands for Goods Received Note

  • It includes details such as supplier name, item description, quantity received, and date

  • Helps in tracking incoming inventory and verifying against purchase orders

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Q6. Past experience, how to handle client escalation

Ans.

Handling client escalations with past experience

  • Listen to the client's concerns and empathize with their situation

  • Acknowledge the issue and take ownership of finding a resolution

  • Communicate clearly and regularly with the client to provide updates on the progress

  • Offer solutions or alternatives to address the client's concerns

  • Follow up after the issue is resolved to ensure client satisfaction

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Q7. What about Stores function

Ans.

Stores function involves managing inventory, organizing storage spaces, tracking stock levels, and ensuring timely supply of materials.

  • Inventory management

  • Organizing storage spaces

  • Tracking stock levels

  • Ensuring timely supply of materials

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Q8. 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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Q9. 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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Q10. Comfortability with service industry

Ans.

I am very comfortable in the service industry and have extensive experience in customer service roles.

  • I have worked in various customer-facing roles such as retail, hospitality, and call centers.

  • I excel in resolving customer complaints and providing exceptional service.

  • I am adept at multitasking and handling high-pressure situations in a fast-paced environment.

  • I have received positive feedback from customers and colleagues for my professionalism and communication skills.

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Q11. What is thread in java

Ans.

Thread in Java is a lightweight sub-process that allows concurrent execution within a single process.

  • Threads allow multiple tasks to be executed concurrently in a Java program.

  • Threads share the same memory space and resources within a process.

  • Java provides built-in support for creating and managing threads using the Thread class or implementing the Runnable interface.

  • Example: Creating a new thread - Thread myThread = new Thread(); myThread.start();

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Q12. WHAT IS BAD DEBT

Ans.

Bad debt is money owed by a debtor that is unlikely to be paid back, resulting in a loss for the creditor.

  • Bad debt occurs when a debtor fails to make payments on a loan or credit account.

  • It is typically written off as a loss by the creditor after attempts to collect the debt have been unsuccessful.

  • Examples include unpaid credit card balances, defaulted loans, and overdue invoices.

  • Bad debt can negatively impact a company's financial health and profitability.

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