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OTC process refers to Order-to-Cash process, which involves the entire cycle from receiving an order to receiving payment.
OTC process involves multiple steps such as order entry, order fulfillment, shipping, billing, and payment collection.
It starts with the creation of a sales order based on customer requirements.
The order is then processed, and the goods are picked, packed, and shipped to the customer.
After delivery,...
Consignment process is a business arrangement where a supplier provides goods to a customer, but retains ownership of the goods until they are sold.
Supplier owns the goods until they are sold
Customer only pays for goods sold
Supplier can take back unsold goods
Goods are stored at customer's location
Used in industries like retail, automotive, and healthcare
Billing types are used to differentiate between different types of billing documents in SAP SD.
Billing types are defined in customizing and can be assigned to different sales document types.
They determine the structure and content of the billing document.
Examples of billing types include: F2 (Invoice), G2 (Credit Memo), and L2 (Debit Memo).
Billing types can also be used to control the billing process, such as whether o...
I applied via Company Website and was interviewed in Aug 2021. There were 5 interview rounds.
I applied via Recruitment Consulltant and was interviewed in Sep 2021. There were 4 interview rounds.
I applied via Approached by Company and was interviewed in Aug 2021. There were 6 interview rounds.
Thermo Fisher Scientific interview questions for popular designations
I applied via Referral and was interviewed before Feb 2023. There were 2 interview rounds.
How did i managed a tight deadline
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Get interview-ready with Top Thermo Fisher Scientific Interview Questions
I applied via Approached by Company and was interviewed before Jun 2021. There were 3 interview rounds.
Certifications are followed for processes
Certifications are followed to ensure adherence to industry standards and best practices
ISO 9001 certification for quality management
ITIL certification for IT service management
PMP certification for project management
Agile certification for software development
Certifications are periodically reviewed and updated to ensure relevance
I applied via LinkedIn and was interviewed before Sep 2022. There were 4 interview rounds.
Simple hacker rank problem
I applied via Indeed and was interviewed before Oct 2022. There were 3 interview rounds.
I was interviewed before Nov 2019.
I applied via Indeed and was interviewed before Aug 2022. There were 2 interview rounds.
DMAIC is a data-driven improvement cycle used in Six Sigma methodology to optimize processes.
Define: Identify the problem and set project goals.
Measure: Collect data to understand current process performance.
Analyze: Identify root causes of issues and develop solutions.
Improve: Implement and test solutions to improve the process.
Control: Establish controls to sustain improvements over time.
Example: Using DMAIC to reduc...
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