Tata Passenger Electric Mobility Interview Questions, Process, and Tips

Inventory refers to the list of goods and materials held available in stock by a business.

• Inventory management involves tracking and controlling the flow of goods from manufacturers to warehouses to point of sale.

• It is crucial for businesses to have accurate inventory records to prevent stockouts or overstocking.

• Common inventory management methods include FIFO (First In, First Out) and JIT (Just In Time) inventory syst

SAP MM module is a part of SAP ERP system that helps in managing materials and inventory.

• SAP MM stands for Material Management.

• It involves procurement, inventory management, and invoice verification.

• It helps in automating the procurement process, optimizing inventory levels, and streamlining supply chain processes.

• Example: Creating purchase orders, managing material master data, and handling goods receipts.

I create production orders in SAP by entering required materials, quantities, and scheduling information.

• Enter material numbers and quantities needed for production

• Specify scheduling information such as start and end dates

• Review and confirm order details before finalizing

• Monitor production progress and make adjustments as needed