Pricol Senior Engineer Interview Questions, Process, and Tips

Supply chain management is required for an organization to ensure efficient flow of goods and services, reduce costs, mitigate risks, and enhance customer satisfaction.

• Efficient flow of goods and services: Supply chain management helps in streamlining the movement of raw materials, components, and finished products, ensuring timely delivery to customers.

• Cost reduction: Effective supply chain management can help in opti...read more

Factors to consider when evaluating a supplier

• Quality of products/services

• Pricing and payment terms

• Delivery time and reliability

• Supplier's financial stability

• Supplier's reputation and track record

• Communication and responsiveness

• Supplier's compliance with regulations and standards

Supplier performance rating is calculated based on various factors such as quality, delivery, cost, and responsiveness.

• Identify the key performance indicators (KPIs) for the supplier

• Assign weights to each KPI based on their importance

• Collect data on supplier performance for each KPI

• Calculate the score for each KPI using a predefined formula

• Multiply the score for each KPI by its weight and add them up to get the overall...read more

If a supplier is not responding to complaints, I would take the following steps:

• First, I would try to contact the supplier through multiple channels such as phone, email, and in-person visits.

• If the supplier still does not respond, I would escalate the issue to their higher management or a designated contact person.

• I would document all the complaints and communication attempts for future reference.

• If the lack of respon...read more

I will follow a structured approach to identify the root cause and work with the supplier to develop and implement a corrective action plan.

• Conduct a thorough investigation to identify the root cause of non-responsiveness

• Communicate with the supplier to understand their perspective and challenges

• Develop a corrective action plan with specific actions, timelines, and responsibilities

• Monitor progress and provide regular u...read more