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Tata AutoComp Systems
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I appeared for an interview before Mar 2024, where I was asked the following questions.
Negotiation is a strategic discussion aimed at reaching an agreement, crucial for effective purchasing.
Negotiation involves communication between parties to reach a mutually beneficial agreement.
It is important for securing favorable terms, such as price, quality, and delivery schedules.
Example: A purchase executive negotiating bulk discounts with a supplier can significantly reduce costs.
Effective negotiation builds r...
The number of team members in raw material planning varies based on company size and complexity of operations.
Typically, a raw material planning team consists of 3-10 members.
Larger organizations may have specialized roles such as demand planners, inventory analysts, and procurement specialists.
For example, a manufacturing company might have 5 members focusing on different materials like metals, plastics, and chemicals...
I applied via Naukri.com and was interviewed in May 2021. There was 1 interview round.
Handling critical situations with suppliers requires proactive communication and contingency planning.
Establish clear communication channels with suppliers
Develop contingency plans for potential supply chain disruptions
Regularly review and update supplier contracts
Maintain a diverse supplier base to mitigate risk
Monitor supplier performance and address issues promptly
Collaborate with cross-functional teams to identify
There are three types of purchase orders: Standard, Blanket, and Contract.
Standard Purchase Order: Used for one-time purchases of goods or services.
Blanket Purchase Order: Used for recurring purchases of goods or services over a period of time.
Contract Purchase Order: Used for long-term purchases of goods or services with a specific supplier.
Each type of purchase order has its own unique characteristics and is used in ...
Open PO and Close PO are different in terms of their status and completion.
Open PO refers to a purchase order that is still active and has not been fully processed or completed.
Close PO, on the other hand, refers to a purchase order that has been fully processed and completed.
Open POs may still require actions such as receiving goods or services, invoicing, or payment.
Close POs indicate that all necessary actions have ...
Direct suppliers provide goods or services directly to the company, while indirect suppliers provide goods or services to the direct suppliers.
Direct suppliers are involved in the production process, while indirect suppliers are not.
Direct suppliers are usually larger and have a closer relationship with the company.
Examples of direct suppliers include raw material providers, while indirect suppliers include packaging s...
I applied via Newspaper Ad and was interviewed before Nov 2021. There was 1 interview round.
I applied via Company Website and was interviewed in Nov 2021. There was 1 interview round.
Our monthly turnover is $500,000.
Our monthly turnover is consistent and has been steadily increasing.
We have a diverse range of clients contributing to our turnover.
Our turnover is closely monitored and analyzed to identify areas for improvement.
Last month, our turnover was $480,000 but we expect it to increase next month due to new contracts.
I applied via Naukri.com and was interviewed before Oct 2020. There were 4 interview rounds.
I applied via Recruitment Consultant and was interviewed in Sep 2017. There were 5 interview rounds.
I applied via Naukri.com and was interviewed before Jun 2020. There were 4 interview rounds.
I applied via Recruitment Consultant and was interviewed in Sep 2020. There was 1 interview round.
Some of the top questions asked at the Tata AutoComp Systems Purchase Executive interview -
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Interview experience
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