ShopKirana Interview Questions, Process, and Tips

FIFO (First-In, First-Out) and LIFO (Last-In, First-Out) are inventory management methods used to track the flow of goods.

• FIFO assumes that the first items purchased or produced are the first ones to be sold or used.

• LIFO assumes that the last items purchased or produced are the first ones to be sold or used.

• FIFO is commonly used in industries with perishable goods or where product quality may degrade over time.

• LIFO is ...read more

5S and 3C are lean manufacturing methodologies used to improve workplace organization and efficiency.

• 5S focuses on workplace organization and involves sorting, simplifying, sweeping, standardizing, and sustaining.

• 3C focuses on workplace cleanliness and involves cleaning, checking, and caring.

• Both methodologies aim to reduce waste, improve productivity, and create a safer work environment.

• Example: 5S involves organizing...read more