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My procurement risk management strategy against new suppliers involves thorough background checks, supplier audits, and diversification of suppliers.
Conduct thorough background checks on potential new suppliers to assess their financial stability, reputation, and past performance.
Perform supplier audits to evaluate their quality control processes, compliance with regulations, and overall reliability.
Diversify the suppl...
I would explore alternative options, negotiate with suppliers, and seek approval from higher management.
Explore alternative options such as finding a similar product at a lower cost
Negotiate with suppliers for discounts or payment plans
Seek approval from higher management for a budget increase or reallocation
Consider the long-term benefits and impact of the purchase
Top trending discussions
I applied via Job Portal and was interviewed in Sep 2024. There were 2 interview rounds.
Decissoin making skill
I applied via Approached by Company and was interviewed in Feb 2024. There were 3 interview rounds.
To improve my team's skills, I would focus on training, mentorship, feedback, and setting clear goals.
Provide regular training sessions to enhance skills
Assign mentors to team members for guidance and support
Offer constructive feedback to help them improve
Set clear and achievable goals to motivate and track progress
I would manage my team effectively by setting clear goals, providing regular feedback, fostering open communication, and leading by example.
Set clear goals and expectations for each team member
Provide regular feedback and recognition for good work
Foster open communication and encourage team collaboration
Lead by example and demonstrate strong work ethic
Address any conflicts or issues promptly and fairly
Managing team dynamics, meeting deadlines, adapting to change
Balancing multiple priorities
Handling conflicts within the team
Adapting to changes in company policies or procedures
Meeting tight deadlines
Managing workload effectively
I would manage escalation by addressing the issue promptly and effectively communicating feedback to the team member.
Address the issue promptly to prevent it from escalating further
Listen to all parties involved to understand the root cause of the escalation
Provide constructive feedback to the team member on how to prevent similar escalations in the future
Offer support and guidance to help the team member improve their
In my current role, I oversee daily operations, manage a team, handle customer inquiries, and ensure targets are met.
Overseeing daily operations
Managing a team
Handling customer inquiries
Ensuring targets are met
I applied via Naukri.com and was interviewed before May 2022. There were 4 interview rounds.
The challenges faced in my work area include managing a diverse team, meeting tight deadlines, and adapting to changing priorities.
Managing a team with different personalities and work styles can be challenging, but I have experience in providing clear communication and setting expectations.
Meeting tight deadlines requires effective time management and prioritization skills. I have developed strategies to ensure tasks ...
Yes, I am ready to locate.
I am familiar with the area and have experience using maps and GPS.
I am willing to travel and relocate if necessary.
I am comfortable adapting to new environments and meeting new people.
R&D stands for Research and Development, which involves activities undertaken by a company to innovate and improve products or processes.
R&D involves conducting research to discover new knowledge or technologies.
It also includes developing new products, services, or processes based on the research findings.
R&D is essential for staying competitive in the market and driving innovation.
Examples of R&D activities include t...
Setting up a new instrument lab involves planning, acquiring necessary equipment, organizing the space, ensuring safety measures, and training staff.
Create a detailed plan outlining the types of instruments needed and their placement.
Acquire necessary equipment through purchasing or leasing agreements.
Organize the lab space efficiently to allow for easy access to instruments and workstations.
Implement safety measures s...
I applied via Recruitment Consultant and was interviewed before Oct 2020. There were 6 interview rounds.
I applied via Approached by Company and was interviewed in May 2024. There were 3 interview rounds.
Basic C++, Python, and Excel knowledge test
Case with data is given and need to draw conclusion by doing analysis
based on 1 interview
Interview experience
based on 1 review
Rating in categories
Senior Analyst
100
salaries
| ₹4 L/yr - ₹10 L/yr |
Senior Associate
57
salaries
| ₹4.5 L/yr - ₹18.7 L/yr |
Senior Procurement Analyst
41
salaries
| ₹4 L/yr - ₹8.5 L/yr |
Associate
40
salaries
| ₹4.8 L/yr - ₹12.8 L/yr |
Assistant Manager
34
salaries
| ₹8 L/yr - ₹15.4 L/yr |
Accenture
Genpact
TCS
Infosys