Omaxe Assistant Store Incharge Interview Questions and Answers

TMT stands for Thermo-Mechanical Treatment, which is a process used to improve the mechanical properties of steel.

• TMT involves heating the steel to a specific temperature, followed by rapid cooling to create a strong outer layer with a softer inner core.

• The tolerance of TMT refers to the ability of the steel to withstand the heat treatment process without losing its desired properties.

• Higher tolerance of TMT results in...read more

FIFO stands for First In, First Out. It is a method of inventory management where the first items purchased or produced are the first ones to be used or sold.

• FIFO ensures that older inventory is used first before newer inventory.

• This method is commonly used in industries like retail, food, and manufacturing.

• Example: If a store receives a shipment of apples on Monday and another on Wednesday, the apples from Monday's sh

ERP system stands for Enterprise Resource Planning system, which is a software that helps businesses manage and integrate their important processes.

• ERP system integrates various functions like finance, HR, inventory, and sales into one system

• It helps in streamlining processes, improving efficiency, and providing real-time data for decision-making

• Examples of ERP systems include SAP, Oracle, and Microsoft Dynamics