Reliance Industries Inventory Controller Interview Questions and Answers

Inventory and inventory control are essential aspects of managing a company's assets and ensuring efficient operations.

• Inventory refers to the goods and materials a company holds for production, sales, or customer service.

• Inventory control involves managing and monitoring inventory levels to meet demand while minimizing costs.

• Effective inventory control requires accurate forecasting, efficient ordering, and proper stor...read more

Implementing a systematic approach to managing inventory levels and tracking stock movements.

• Utilize inventory management software to track stock levels and movements

• Implement barcode scanning for accurate and efficient inventory tracking

• Establish reorder points and safety stock levels to prevent stockouts

• Conduct regular physical inventory counts to reconcile discrepancies

• Utilize ABC analysis to prioritize inventory ma