10+ Birdi Systems International Interview Questions and Answers

Procurement refers to the process of acquiring goods or services from external sources.

• Procurement involves identifying the need for a product or service

• It also involves selecting the right supplier or vendor

• Negotiating the terms and conditions of the purchase

• Placing the order and ensuring timely delivery

• Examples include purchasing raw materials for manufacturing, buying office supplies, or outsourcing IT services

5t is a concept in community development that focuses on the five key elements of community development: talent, technology, tolerance, territory, and treasure. Livelihood refers to the means of securing the basic necessities of life.

• 5t stands for talent, technology, tolerance, territory, and treasure in community development

• Livelihood refers to the means by which individuals secure the basic necessities of life, such as food, shelter, and clothing

• Examples of livelihood activ...read more

Accrual basis of accounting recognizes revenue and expenses when they are earned or incurred, regardless of when payment is received or made.

• Revenue is recognized when it is earned, not when payment is received

• Expenses are recognized when they are incurred, not when payment is made

• This method provides a more accurate picture of a company's financial health

• Example: A company provides services in December but doesn't receive payment until January. Under accrual accounting, the ...read more

A vendor can be identified through various methods such as referrals, online research, trade shows, and industry associations.

• Referrals from colleagues or industry contacts

• Online research through search engines and social media

• Attending trade shows and networking events

• Checking industry associations and directories

• Requesting vendor applications and conducting background checks

Logistics is a subset of supply chain management that deals with the physical movement of goods, while supply chain management encompasses the entire process from procurement to delivery.

• Logistics focuses on transportation, warehousing, and distribution of goods.

• Supply chain management includes logistics as well as procurement, planning, and coordination of activities across the entire supply chain.

• Logistics is more tactical, while supply chain management is more strategic.

• Lo...read more

Supply chain is the process of managing the flow of goods and services from the point of origin to the point of consumption.

• It involves the coordination and integration of various activities such as procurement, production, transportation, warehousing, and distribution.

• Effective supply chain management can lead to increased efficiency, reduced costs, and improved customer satisfaction.

• Examples include Amazon's delivery network, Walmart's inventory management system, and Apple...read more

Self Help Group

• SHG stands for Self Help Group

• It is a group of individuals who come together to support each other in improving their economic and social conditions

• SHGs are commonly formed in rural areas to promote savings, entrepreneurship, and empowerment

• Example: A group of women in a village pooling their resources to start a small business

SDG stands for Sustainable Development Goals, which are a set of global goals adopted by the United Nations to address various social, economic, and environmental challenges.

• SDGs are a universal call to action to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity.

• There are 17 SDGs with 169 targets to be achieved by 2030.

• Examples of SDGs include no poverty, zero hunger, quality education, gender equality, and climate action.

5S is a workplace organization method that uses a list of five Japanese words: seiri, seiton, seiso, seiketsu, and shitsuke.

• 5S stands for Sort, Set in Order, Shine, Standardize, and Sustain.

• It is a methodology used to organize the workplace for efficiency and effectiveness.

• Example: Sorting through items in a workspace to remove unnecessary items and organizing the remaining items in a logical manner.

Basic rights for children include the right to education, healthcare, protection from abuse, and a safe environment.

• Right to education: Every child has the right to access quality education.

• Right to healthcare: Children have the right to receive medical care and treatment.

• Protection from abuse: Children should be protected from all forms of abuse, including physical, emotional, and sexual abuse.

• Safe environment: Children have the right to live in a safe and nurturing environm...read more