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Inventory plays a crucial role in supply chain management by ensuring the availability of products, optimizing costs, and minimizing disruptions.
Inventory helps in meeting customer demand by ensuring product availability.
It acts as a buffer between supply and demand, reducing the risk of stockouts.
Inventory management helps in optimizing costs by balancing holding costs and ordering costs.
It enables efficient productio...
Yes, TOC can be applied to marketing.
TOC can help identify the constraints in the marketing process.
It can also help in optimizing the flow of products and services to customers.
For example, TOC can be used to identify the bottleneck in the sales process and improve it.
It can also be used to optimize the inventory levels and reduce lead times.
TOC can help in identifying the most profitable products and services and foc...
Operating on high or low inventory can have significant impacts on supply chain performance.
High inventory can lead to increased storage costs and obsolescence, while low inventory can result in stockouts and lost sales.
Operating on high inventory can also tie up capital that could be used for other investments, while low inventory can lead to increased ordering and transportation costs.
The optimal inventory level depe...
The optimum working capital ratio for steel industry varies based on factors such as production cycle, inventory turnover, and payment terms.
Factors such as production cycle, inventory turnover, and payment terms affect the working capital ratio.
The ratio should be high enough to cover operational expenses and maintain liquidity, but not so high that it ties up too much capital.
A common benchmark for the steel industry...
Optimizing working capital can be achieved through various steps such as improving cash flow, reducing inventory levels, and optimizing payment terms.
Improve cash flow by implementing efficient cash management practices
Reduce inventory levels by implementing just-in-time inventory management
Optimize payment terms by negotiating favorable terms with suppliers
Implement effective credit management practices to minimize ba...
My experience in streamlining processes, reducing costs, and improving communication will benefit the supply chain division.
I have successfully implemented lean principles in my previous role, resulting in a 20% reduction in lead time.
I have experience in negotiating with suppliers to reduce costs while maintaining quality standards.
I have implemented a communication plan that improved collaboration between departments...
Top trending discussions
I applied via Approached by Company and was interviewed in Oct 2023. There were 3 interview rounds.
General discussion about my job
I applied via Recruitment Consulltant
I applied via Naukri.com and was interviewed in May 2024. There were 2 interview rounds.
Sheet piles are commonly used in damp and flood-prone areas to provide structural support and prevent water infiltration.
Sheet piles are driven into the ground to create a barrier against water seepage.
They are often made of steel or vinyl and are interlocked to form a continuous wall.
Sheet piles can be used in cofferdams, seawalls, and flood protection systems.
They are effective in preventing soil erosion and protecti...
Grade of concrete refers to the strength of the concrete mix design.
Grade of concrete is denoted by the ratio of cement to sand to aggregate.
Common grades of concrete include M10, M15, M20, etc.
Higher grade concrete has higher strength and durability.
For example, M20 concrete has a compressive strength of 20 MPa.
Basic exam with some technical questions
Group of 6 were given a topic and we discussed.
Structural bridges can be made of various materials while concrete bridges specifically use concrete as the primary material.
Structural bridges can be made of steel, wood, or other materials, while concrete bridges are primarily made of concrete.
Concrete bridges are known for their durability and strength, making them a popular choice for infrastructure projects.
Structural bridges may require more maintenance and upkee...
The Howrah Bridge is a cantilever bridge that spans the Hooghly River in West Bengal, India.
Built in 1943, it is one of the busiest bridges in the world, carrying over 100,000 vehicles and countless pedestrians daily.
The bridge does not have any nuts or bolts and is held together by rivets.
It is a famous landmark in Kolkata and is often referred to as the 'Gateway of Kolkata'.
I applied via Campus Placement and was interviewed before Aug 2022. There were 3 interview rounds.
Prepare the core subjects som Thermo fluids and asked some of the manufacturing process
How we can reduce the use of non renewable resources
posted on 27 Apr 2024
I was interviewed before Apr 2023.
Debate on multiple topics
Come out with a conclusion and solutions to a problem
I applied via Naukri.com and was interviewed in May 2021. There were 3 interview rounds.
I applied via Company Website and was interviewed before Sep 2021. There were 2 interview rounds.
I applied via Campus Placement and was interviewed before Jan 2021. There were 5 interview rounds.
based on 2 reviews
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