Vishal Mega Mart Procurement Manager Interview Questions and Answers

Vendor development process involves identifying, evaluating, and building relationships with suppliers to improve quality, cost, and delivery performance.

• Identify potential vendors through market research and referrals

• Evaluate vendors based on criteria such as quality, cost, delivery time, and reliability

• Negotiate contracts and terms with selected vendors

• Monitor vendor performance and provide feedback for improvement

• De...read more

Finalisation of product process involves ensuring all necessary steps have been completed before product launch.

• Reviewing product specifications and requirements

• Confirming supplier agreements and pricing

• Quality control checks and testing

• Finalizing logistics and distribution plans