Vishal Mega Mart Senior Executive Operations Interview Questions and Answers

Shrinkage can be controlled through effective inventory management, employee training, and implementing security measures.

• Implementing a robust inventory management system to accurately track and monitor stock levels.

• Conducting regular inventory audits to identify any discrepancies and take corrective actions.

• Training employees on proper handling and storage of merchandise to minimize damage and loss.

• Implementing secur...read more

Controlling expiry and damages requires proper inventory management and regular checks.

• Implement a first-in, first-out (FIFO) system to ensure older products are used or sold first

• Regularly check expiration dates and remove expired products from inventory

• Store products in appropriate conditions to prevent damage or spoilage

• Train staff on proper handling and storage of products

• Track inventory levels and adjust ordering

A dashboard is a visual representation of data and key performance indicators. Profit and loss is a financial statement that shows a company's revenues and expenses during a specific period.

• Dashboard is a tool used to monitor and analyze data in real-time

• It provides a quick overview of the performance of a business or organization

• Profit and loss statement is a financial report that shows a company's revenues, expenses,...read more