Reliance Industries Purchase/Vendor Development Manager Interview Questions and Answers

To purchase material goods easily from the market, I would follow a few pointers.

• Research and identify reliable suppliers

• Negotiate prices and terms with suppliers

• Maintain good relationships with suppliers

• Use technology to streamline the purchasing process

• Monitor inventory levels and plan purchases accordingly

To collect information from market broker, I would follow these steps.

• Identify the relevant market broker(s)

• Schedule a meeting or call with the broker(s)

• Prepare a list of questions to ask the broker(s)

• Ask about market trends, pricing, competition, and any upcoming changes

• Take detailed notes during the conversation

• Follow up with the broker(s) if necessary

An optional vendor is ready to work.

• Evaluate the vendor's readiness based on their qualifications, experience, and resources.

• Consider the vendor's track record of delivering quality products or services on time.

• Assess the vendor's ability to meet your specific requirements and expectations.

• Review any contractual or legal obligations that may need to be fulfilled.

• Ensure the vendor has the necessary infrastructure and su...read more