UNO Minda Purchase Executive Interview Questions and Answers

Maintain lean inventory by optimizing supply chain, forecasting demand, implementing Just-In-Time system, and reducing lead times.

• Optimize supply chain to reduce excess inventory

• Forecast demand accurately to avoid overstocking

• Implement Just-In-Time system to receive goods only when needed

• Reduce lead times to minimize inventory holding costs

System stock can be adjusted by conducting regular physical stock counts and reconciling any discrepancies.

• Conduct regular physical stock counts to compare with system stock

• Investigate any discrepancies and adjust system stock accordingly

• Implement barcode scanning or RFID technology for accurate tracking

• Train staff on proper inventory management practices

I possess strong leadership, communication, decision-making, and problem-solving skills.

• Strong leadership skills demonstrated through successfully leading teams to achieve goals

• Effective communication skills in conveying information clearly to team members and stakeholders

• Proven decision-making abilities in high-pressure situations

• Excellent problem-solving skills in identifying and resolving complex issues