Stanza Living
30+ Interview Questions and Answers
Q1. 2. What is supplier selection criteria in your organization ?
Supplier selection criteria in our organization include quality, cost, delivery time, reliability, and sustainability.
Quality of products/services provided by the supplier
Cost competitiveness of the supplier
Delivery time and reliability of the supplier
Supplier's track record and reputation for reliability
Sustainability practices of the supplier
Ability to meet specific requirements and standards set by the organization
Q2. 5. What is your current and expected CTC ?
My current CTC is $80,000 and I am expecting a 10% increase in my next role.
Current CTC: $80,000
Expected increase: 10%
Expected CTC: $88,000
Q3. 4. What commodity you are handling currently ?
I am currently handling the procurement of electronic components for our company's manufacturing process.
Managing supplier relationships for electronic components
Negotiating prices and terms for bulk purchases
Ensuring timely delivery of components to meet production deadlines
Q4. 7. What ERP software you are using currently ?
Currently using SAP ERP software for procurement processes.
Using SAP ERP software for procurement activities
Familiar with SAP modules such as MM (Materials Management) and SRM (Supplier Relationship Management)
Experience in customizing SAP for specific procurement needs
Q5. 6. How you negotiate with the suppliers ?
I negotiate with suppliers by building strong relationships, understanding their needs, and finding mutually beneficial solutions.
Establish clear communication channels with suppliers
Understand the supplier's needs and constraints
Focus on creating win-win solutions
Be prepared to walk away if necessary
Use data and market research to support negotiation points
Q6. 9. How do you manage contracts in procurement ?
Contracts in procurement are managed through careful negotiation, monitoring, and communication.
Negotiate terms and conditions with suppliers to ensure favorable outcomes for both parties.
Monitor contract performance to ensure compliance with agreed-upon terms and conditions.
Communicate regularly with suppliers to address any issues or changes in the procurement process.
Document all contract-related activities and maintain accurate records for future reference.
Evaluate suppli...read more
Q7. 5. What is landed cost in procurement ?
Landed cost in procurement refers to the total cost of a product once it has arrived at its destination, including all expenses incurred during the shipping process.
Landed cost includes the cost of the product, transportation fees, customs duties, taxes, insurance, and any other expenses related to getting the product to its final destination.
It is important for procurement engineers to consider landed cost when making purchasing decisions to accurately assess the total cost ...read more
Q8. 2. How you evaluate suppliers ?
I evaluate suppliers based on their quality, reliability, cost-effectiveness, and communication.
Assess supplier's track record for delivering quality products/services
Evaluate supplier's reliability in meeting deadlines and commitments
Compare costs and pricing structures with other potential suppliers
Consider supplier's communication skills and responsiveness to inquiries
Conduct site visits or audits to assess supplier's facilities and processes
Q9. 5. How do you manage suppliers ?
I manage suppliers by establishing strong relationships, setting clear expectations, monitoring performance, and continuously improving processes.
Establish strong relationships with suppliers through regular communication and feedback
Set clear expectations regarding quality, delivery timelines, and pricing
Monitor supplier performance through key performance indicators (KPIs) and regular audits
Continuously improve processes by identifying areas for cost savings and efficiency ...read more
Q10. 6. How do you track inventory level ?
I track inventory levels using a combination of software systems, manual counts, and regular audits.
Utilize inventory management software to track real-time inventory levels
Conduct regular physical counts of inventory to compare with system records
Implement barcode scanning or RFID technology for accurate tracking
Perform regular audits to identify discrepancies and improve accuracy
Q11. What we can do if the resident is aggressive on us
Stay calm and try to defuse the situation. If necessary, involve law enforcement.
Remain calm and professional
Listen to the resident and try to understand their concerns
Avoid escalating the situation
If necessary, involve law enforcement or seek assistance from a higher authority
Document the incident for future reference
Q12. 8. Rate yourself in Microsoft excel ?
I rate myself as highly proficient in Microsoft Excel, with advanced skills in data analysis, formulas, and macros.
Proficient in creating complex spreadsheets for data analysis
Skilled in using advanced formulas and functions
Experienced in creating and running macros for automation
Familiar with data visualization tools like charts and graphs
Q13. 3. Tell me about P2P process ?
P2P process refers to Procure-to-Pay process which involves the steps from requisition to payment for goods or services.
P2P process starts with a requisition being made by a user or department for goods or services needed.
The requisition is then approved by the appropriate authority before being converted into a purchase order.
The purchase order is sent to the supplier, who then delivers the goods or services.
Upon receipt, the goods or services are inspected and accepted by t...read more
Q14. What is your final year project? Cement ratio? Compressive strength? How to calculate mortar? Water proofing? Cube strength
My final year project was on the compressive strength of concrete with varying cement ratios and water proofing techniques.
Investigated the effect of different cement ratios on the compressive strength of concrete
Explored various water proofing techniques and their effectiveness
Calculated mortar using the ratio of cement, sand, and water
Conducted cube strength tests to determine the strength of the concrete
Q15. how can handle situation.
I would handle the situation by assessing the problem, communicating with all parties involved, and finding a solution that satisfies everyone.
Assess the problem and gather all necessary information
Communicate with all parties involved to understand their perspectives and needs
Find a solution that satisfies everyone, if possible
If a solution cannot be reached, escalate the issue to higher management or seek legal advice
Q16. What do you know about stanza living
Stanza Living is a tech-enabled co-living company in India.
Provides fully furnished shared and private accommodations for students and working professionals
Offers amenities like housekeeping, security, high-speed internet, and community events
Uses technology to streamline operations and enhance customer experience
Has a presence in multiple cities across India including Delhi, Bangalore, and Hyderabad
Q17. What all strategies can be followed?
Strategies for what? Please provide more context.
It is important to know what the strategies are for before providing an answer.
Strategies can vary depending on the industry, company, and specific situation.
Some common strategies include cost-cutting, market expansion, product diversification, and customer retention.
It is important to analyze data and gather insights before implementing any strategy.
Regularly reviewing and adjusting strategies is crucial for success.
Q18. How will I sell Stanza Living?
I will sell Stanza Living by highlighting its unique features and benefits.
Emphasize the premium quality of living spaces and amenities
Highlight the community and networking opportunities
Mention the convenience of location and proximity to key areas
Showcase the safety and security measures in place
Provide testimonials from satisfied residents
Offer competitive pricing and flexible payment options
Q19. What is CX and how are you going to bring abt a change
CX stands for Customer Experience. As an Operations Manager, I will focus on improving customer satisfaction and loyalty.
I will gather feedback from customers through surveys and social media to identify pain points and areas for improvement
I will work with cross-functional teams to implement changes that address customer needs and preferences
I will train and empower employees to provide excellent customer service and resolve issues effectively
I will monitor customer satisfac...read more
Q20. what is expected post
A post is expected to be a written communication that provides updates, announcements, or information to tenants or property owners.
Posts should be clear and concise
They should be relevant to the property or community
Posts should be timely and informative
Examples of posts include updates on maintenance, community events, or policy changes
Q21. What u will do if there is no power supply at midnight?
Q22. SQL queries using group by and windows function.
Group by and window functions are used in SQL queries to aggregate data and perform calculations on subsets of data.
Group by is used to group data based on one or more columns and perform aggregate functions on each group.
Window functions are used to perform calculations on a subset of data within a group, without affecting the grouping of the data.
Examples of aggregate functions include SUM, AVG, COUNT, MAX, and MIN.
Examples of window functions include ROW_NUMBER, RANK, DENS...read more
Q23. how can manage staff
Managing staff requires clear communication, setting expectations, providing support, and recognizing achievements.
Establish clear expectations and goals for each staff member
Provide ongoing training and support to help staff succeed
Communicate regularly and openly with staff to address concerns and provide feedback
Recognize and reward staff achievements to boost morale and motivation
Address performance issues promptly and fairly
Lead by example and foster a positive work cult...read more
Q24. What is sales? How to convince the customer? How to talk to the customer? How to handle the season situation? How to reply customer questions?
Sales is the process of persuading a potential customer to purchase a product or service.
Sales involves understanding the customer's needs and demonstrating how your product or service can meet those needs.
To convince the customer, focus on building rapport, highlighting the benefits of the product, and addressing any objections or concerns.
When talking to the customer, listen actively, ask open-ended questions, and tailor your pitch to their specific needs and preferences.
Du...read more
Q25. How to collect leads
Collecting leads involves identifying potential customers and gathering their contact information for follow-up.
Utilize social media platforms to engage with potential customers and capture their information
Attend networking events and trade shows to meet new prospects and exchange contact details
Offer incentives such as discounts or free trials in exchange for contact information
Use lead generation tools like CRM software to track and manage leads effectively
Q26. Whats is callback hell and how to avoid it
Callback hell is a situation where multiple nested callbacks make the code difficult to read and maintain.
Use named functions instead of anonymous functions to make the code more readable.
Use promises or async/await to handle asynchronous operations in a more organized way.
Break down complex functions into smaller, reusable functions to avoid deep nesting.
Use libraries like async.js or lodash to handle asynchronous operations more efficiently.
Q27. How can you generate the leads
Generating leads requires a combination of strategies such as networking, content marketing, and targeted advertising.
Networking with industry professionals and attending events
Creating valuable content to attract potential clients
Utilizing social media platforms to reach a wider audience
Running targeted ads on platforms like Google and Facebook
Offering referral incentives to current clients
Collaborating with complementary businesses to cross-promote services
Q28. What is your selary expectation
Q29. 1. Rotten Oranges 2. Next Greater Element
The first question is about identifying rotten oranges in a grid, while the second question is about finding the next greater element in an array.
Rotten Oranges: Use BFS to traverse the grid and identify rotten oranges by checking adjacent cells.
Next Greater Element: Use a stack to keep track of elements and find the next greater element for each element in the array.
Example for Rotten Oranges: [['2', '1', '1'], ['1', '1', '0'], ['0', '1', '1']]
Example for Next Greater Elemen...read more
Q30. Sales define Sale me a product
Sales is the process of persuading and convincing potential customers to purchase a product or service.
Identify the customer's needs and demonstrate how the product meets those needs.
Highlight the unique features and benefits of the product.
Address any objections or concerns the customer may have.
Create a sense of urgency or scarcity to encourage immediate purchase.
Offer incentives or discounts to sweeten the deal.
Close the sale by asking for the customer's commitment.
Follow ...read more
Q31. What is promise
A promise is an object representing the eventual completion or failure of an asynchronous operation.
Promises are used to handle asynchronous operations in JavaScript.
They can be in one of three states: pending, fulfilled, or rejected.
Promises can be chained together using .then() method.
Example: Fetching data from an API returns a promise that resolves with the data.
Example: Promises help avoid callback hell by providing a cleaner way to handle asynchronous code.
Q32. Experience in ops management
I have 5+ years of experience in operations management, including overseeing daily operations, optimizing processes, and ensuring efficiency.
Managed daily operations to ensure smooth functioning
Optimized processes to increase efficiency and reduce costs
Implemented strategies to improve productivity and quality
Led cross-functional teams to achieve operational goals
Utilized data analysis to make informed decisions
Q33. Design scoreboard API.
Design an API for a scoreboard.
Define endpoints for creating, updating, and retrieving scores.
Include authentication and authorization mechanisms.
Consider implementing rate limiting to prevent abuse.
Use HTTP status codes to indicate success or failure.
Ensure the API is scalable and can handle high traffic.
Provide documentation for developers to use the API.
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