TDK India Private Limited Purchase Executive Interview Questions and Answers

I have a Bachelor's degree in Business Administration with a focus on Supply Chain Management.

• Bachelor's degree in Business Administration

• Focus on Supply Chain Management

• Courses in Purchasing and Inventory Management

• Internship at a manufacturing company

• Continuing education in procurement and negotiation

I am currently working as a Purchase Executive at XYZ Company.

• My job involves sourcing and procuring goods and services for the company.

• I negotiate with vendors and suppliers to get the best deals and prices.

• I maintain records of purchases and inventory levels.

• I work closely with other departments to ensure timely delivery of goods and services.

• I also monitor market trends and keep up-to-date with industry developments...read more

Purchase procedure involves a series of steps to acquire goods or services for a company.

• Identify the need for the purchase

• Determine the specifications and quantity required

• Identify potential suppliers and obtain quotes

• Evaluate quotes and select the best supplier

• Negotiate terms and conditions

• Create a purchase order

• Receive and inspect the goods or services

• Approve the invoice and make payment

• Maintain records of the trans