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Stanza Living

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30+ Interview Questions and Answers

Updated 17 Apr 2024

Q1. 2. What is supplier selection criteria in your organization ?

Ans.

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

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Q2. 5. What is your current and expected CTC ?

Ans.

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

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Q3. 4. What commodity you are handling currently ?

Ans.

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

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Q4. 7. What ERP software you are using currently ?

Ans.

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

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Q5. 6. How you negotiate with the suppliers ?

Ans.

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

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Q6. 9. How do you manage contracts in procurement ?

Ans.

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

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Q7. 5. What is landed cost in procurement ?

Ans.

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

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Q8. 2. How you evaluate suppliers ?

Ans.

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

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Q9. 5. How do you manage suppliers ?

Ans.

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

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Q10. 6. How do you track inventory level ?

Ans.

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

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Q11. What we can do if the resident is aggressive on us

Ans.

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

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Q12. 8. Rate yourself in Microsoft excel ?

Ans.

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

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Q13. 3. Tell me about P2P process ?

Ans.

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

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Q14. What is your final year project? Cement ratio? Compressive strength? How to calculate mortar? Water proofing? Cube strength

Ans.

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

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Q15. how can handle situation.

Ans.

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

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Q16. What do you know about stanza living

Ans.

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

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Q17. What all strategies can be followed?

Ans.

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.

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Q18. How will I sell Stanza Living?

Ans.

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

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Q19. What is CX and how are you going to bring abt a change

Ans.

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

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Q20. what is expected post

Ans.

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

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Q21. What u will do if there is no power supply at midnight?

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Q22. SQL queries using group by and windows function.

Ans.

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

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Q23. how can manage staff

Ans.

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

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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?

Ans.

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

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Q25. How to collect leads

Ans.

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

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Q26. Whats is callback hell and how to avoid it

Ans.

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.

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Q27. How can you generate the leads

Ans.

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

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Q28. What is your selary expectation

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Q29. 1. Rotten Oranges 2. Next Greater Element

Ans.

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

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Q30. Sales define Sale me a product

Ans.

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

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Q31. What is promise

Ans.

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.

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Q32. Experience in ops management

Ans.

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

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Q33. Design scoreboard API.

Ans.

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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