Umicore Assistant Manager- Purchase Interview Questions and Answers

Minimum specs for purchasing motors and gauges include power rating, voltage, current, size, accuracy, and compatibility.

• Power rating should match the requirements of the application (e.g. 1 HP motor for a specific machine)

• Voltage should be compatible with the power supply (e.g. 220V motor for industrial use)

• Current rating should be sufficient for the load (e.g. 5A gauge for measuring heavy machinery)

• Size of the motor ...read more

I will add value to the existing process by optimizing procurement strategies, reducing costs, and improving supplier relationships.

• Implementing cost-saving measures such as negotiating better prices with suppliers

• Streamlining the procurement process to improve efficiency

• Identifying and developing relationships with new suppliers to increase options and reduce lead times

There are multiple AL section types with varying material grades and thicknesses.

• AL section types include angles, channels, beams, etc.

• Material grades can range from 6061 to 7075 for aluminum sections.

• Thickness can vary based on the specific section type and application.

Inventory is the list of goods and materials held available in stock by a business. Inventory turnover ratio (ITR) is a financial metric used to measure how efficiently a company is managing its inventory.

• Inventory refers to the goods and materials a business holds in stock for production or sale.

• ITR ratio is calculated by dividing the cost of goods sold by the average inventory for a specific period.

• A high ITR ratio i...read more