10+ TTK Prestige Interview Questions and Answers

Financial ratios are used to interpret inventory by analyzing its efficiency, liquidity, and profitability.

• Financial ratios help assess the efficiency of inventory management, such as inventory turnover ratio.

• Ratios like current ratio and quick ratio evaluate the liquidity of inventory.

• Gross profit margin and return on investment (ROI) ratios indicate the profitability of inventory.

• Comparing inventory turnover ratios across different periods or industry benchmarks can provide...read more

To get data from millions of entries, use data mining techniques like web scraping, database querying, and data analysis.

• Utilize web scraping tools to extract data from websites and online sources.

• Perform database queries to retrieve specific data based on criteria.

• Apply data analysis techniques like data visualization and statistical analysis to gain insights from the collected data.

• Use machine learning algorithms to automate the process of extracting relevant information fr...read more

To enhance efficiency in preparing MIS and ensure no data mismatch, follow these pointers:

• Standardize data collection and reporting processes

• Implement automated data validation checks

• Regularly reconcile data with source documents

• Utilize data management tools and software

• Train staff on data entry and verification best practices

I found distributors through a combination of market research, networking, and referrals.

• Conducted market research to identify potential distributors in the target area

• Attended industry trade shows and events to network with distributors

• Reached out to existing contacts and asked for referrals to distributors

• Utilized online platforms and directories to search for distributors

• Conducted interviews and evaluations to assess the suitability of potential distributors

I currently handle relationships with 15 dealers across the region.

• I manage a network of dealers in the region

• I work closely with 15 dealers to drive sales and build relationships

• Each dealer plays a crucial role in our sales strategy

Demand is calculated based on historical sales data, market trends, and customer preferences. Sales per square feet can be increased by optimizing store layout, product placement, and marketing strategies.

• Demand is calculated by analyzing historical sales data, market trends, and customer preferences.

• To increase sales per square feet, optimize store layout to maximize display space and improve customer flow.

• Strategically place high-margin products in high-traffic areas to inc...read more

Issues in warehouse operation include inventory management, space utilization, and labor efficiency.

• Inventory management: Ensuring accurate stock levels, minimizing stockouts, and preventing overstocking.

• Space utilization: Optimizing layout and storage systems to maximize storage capacity and accessibility.

• Labor efficiency: Streamlining processes, improving picking and packing methods, and reducing manual errors.

• Technology integration: Implementing warehouse management system...read more

To manage the store effectively, I would focus on inventory management, staff supervision, customer service, and sales analysis.

• Implement a robust inventory management system to track stock levels and ensure timely replenishment.

• Supervise and train store staff to maintain a clean and organized store layout.

• Provide excellent customer service by addressing inquiries, resolving complaints, and ensuring a positive shopping experience.

• Analyze sales data to identify trends, optimiz...read more

Margin is the difference between revenue and cost, while ROI is the ratio of profit to investment.

• Margin = Revenue - Cost

• ROI = (Profit / Investment) x 100%

• Margin and ROI are important metrics for measuring profitability and efficiency

• Margin can be calculated for individual products or for the entire business

• ROI can be used to compare the profitability of different investments

• For example, if a product costs $10 to produce and is sold for $15, the margin is $5 or 33%

• If an inves...read more

I would try to find alternative solutions or workarounds to resolve the complaint if the spare is not available.

• Check if there are any similar spare parts that can be used as a substitute

• Explore the possibility of borrowing the spare from another team or department

• Contact suppliers or vendors to expedite the delivery of the spare

• Offer temporary solutions or repairs until the spare becomes available

• Communicate with the customer and manage their expectations

• Document the complai...read more

I would conduct market research to identify areas of growth and develop targeted marketing strategies.

• Conduct market research to identify areas of growth

• Develop targeted marketing strategies to reach potential customers

• Collaborate with sales team to ensure effective implementation of strategies

• Monitor and analyze market trends to stay ahead of competition

• Offer promotions and discounts to attract new customers

To achieve sales target, it is important to set clear goals, create a strategic plan, motivate the sales team, track progress, and adapt strategies as needed.

• Set clear and achievable sales goals

• Create a strategic plan outlining target markets, sales tactics, and timelines

• Motivate the sales team through incentives, training, and support

• Track progress regularly using sales metrics and adjust strategies as needed

• Build strong relationships with customers to increase sales opportu...read more

NPV and IRR are both financial metrics used in investment analysis, but they differ in their calculation and interpretation.

• NPV (Net Present Value) measures the profitability of an investment by calculating the difference between the present value of cash inflows and outflows.

• IRR (Internal Rate of Return) is the discount rate that makes the NPV of an investment equal to zero.

• NPV focuses on the absolute value of cash flows and provides a dollar amount indicating the net value ...read more

I manage my store work by organizing inventory, delegating tasks, monitoring sales, and ensuring customer satisfaction.

• Organize inventory to easily track stock levels

• Delegate tasks to employees based on their strengths and workload

• Monitor sales trends to adjust inventory levels and promotions

• Ensure customer satisfaction by providing excellent service and resolving any issues promptly

Fire is a rapid chemical reaction that releases heat, light, and various gases. It is typically accompanied by flames and can cause destruction.

• Fire is a combustion process that occurs when fuel, oxygen, and heat are present.

• It releases energy in the form of heat and light.

• Fire can spread rapidly and is often accompanied by flames.

• It can produce smoke, carbon dioxide, and other toxic gases.

• Fire can cause damage to property and pose a threat to life.

• Examples of fire include a ...read more

Yes, I have experience working on SAP.

• I have worked on SAP for inventory management and procurement processes.

• I am familiar with creating purchase orders, goods receipts, and invoices in SAP.

• I have also used SAP for tracking sales and generating reports.

• I am comfortable navigating through different modules in SAP and troubleshooting any issues that may arise.

Financial data analysis ability is the skill to interpret and analyze financial information to make informed business decisions.

• Proficient in using financial analysis tools and software

• Ability to analyze financial statements and identify trends and patterns

• Strong understanding of financial ratios and metrics

• Experience in conducting cost-benefit analysis

• Ability to create financial models and forecasts

• Excellent attention to detail and accuracy in data analysis

• Strong problem-sol...read more