SHIV BUILDINDIA Senior Store Officer Interview Questions and Answers

Store audits involve inspecting and evaluating the store's operations, processes, and performance.

• Determine the audit scope and objectives

• Create an audit checklist

• Conduct the audit by observing, interviewing, and reviewing documents

• Identify areas for improvement and make recommendations

• Follow up on corrective actions taken

• Examples of areas to audit include inventory management, customer service, and store cleanliness

Maintaining a store requires regular cleaning, organizing, restocking, and monitoring of inventory and customer feedback.

• Clean the store regularly to maintain a hygienic environment.

• Organize products and displays to make it easy for customers to find what they need.

• Restock inventory regularly to avoid running out of popular items.

• Monitor customer feedback and address any concerns or complaints promptly.

• Train staff to p...read more

Stock management involves tracking inventory levels, forecasting demand, and optimizing ordering and storage processes.

• Regularly monitor inventory levels to avoid stockouts or overstocking

• Use inventory management software to track stock levels and automate ordering

• Forecast demand based on historical sales data and market trends

• Optimize storage processes to maximize space and minimize damage

• Implement a system for receiv...read more

Accounts payable refers to the money a company owes to its vendors or suppliers for goods or services received.

• Accounts payable is a liability on the balance sheet.

• It is recorded when a company receives an invoice from a vendor or supplier.

• Payment terms are negotiated between the company and the vendor, such as net 30 or net 60.

• Examples of accounts payable include rent, utilities, and inventory purchases.

• Accounts payab...read more

Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions.

• Accounting involves recording financial transactions such as sales, purchases, and payments.

• It also involves classifying these transactions into categories such as assets, liabilities, and equity.

• Finally, accounting involves summarizing this information in financ...read more

A credit note is a document issued by a seller to a buyer, indicating that a refund or credit has been made to the buyer's account. A debit note is a document issued by a seller to a buyer, indicating that a debit has been made to the buyer's account.

• A credit note is issued when a seller owes money to a buyer, such as when a product is returned or a discount is given.

• A debit note is issued when a buyer owes money to a ...read more