Ralson Tyres Limited Purchase Executive Interview Questions and Answers for Freshers

Rejected material is sent back to the supplier for replacement or refund.

• Rejected material is documented with details of the rejection reason.

• The supplier is informed about the rejection and asked for replacement or refund.

• The rejected material is returned to the supplier for further action.

• If necessary, a new purchase order is created for replacement material.

5S is a method for organizing a workplace for efficiency and effectiveness. FIFO stands for First In, First Out, a method of inventory management.

• 5S involves Sort, Set in order, Shine, Standardize, and Sustain to create a clean and organized work environment.

• FIFO ensures that the oldest inventory items are used or sold first, reducing waste and spoilage.

• Example of 5S: Sorting out unnecessary items in a store, arranging...read more

LS24 is the T-code for changing BIN location in SAP WM module.

• T-code LS24 is used to change the storage bin location in SAP WM module.

• This transaction allows users to easily update the storage bin location for materials in the warehouse.

• Users can input the material number, plant, and storage bin details to make the necessary changes.

• LS24 provides a user-friendly interface for managing bin locations efficiently.

Movement for changing storage location or shifting involves relocating items to a different area within a store or warehouse.

• Organizing inventory in a more efficient manner

• Updating records to reflect new storage locations

• Physically moving items to their new designated areas

• Ensuring proper labeling and tracking of relocated items

The process involves receiving materials, inspecting them, recording details, updating inventory, and generating a Goods Receipt Note (GRN).

• Receive materials from suppliers

• Inspect materials for quality and quantity

• Record details of received materials

• Update inventory system with new stock

• Generate Goods Receipt Note (GRN) to confirm receipt