Assistant Manager Procurement

20+ Assistant Manager Procurement Interview Questions and Answers

Updated 16 Nov 2024
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Q1. What is procurement and what role does it play in an organization?

Ans.

Procurement is the process of acquiring goods and services for an organization to meet its needs and goals.

  • Procurement involves sourcing, negotiating, and purchasing goods and services.

  • It plays a crucial role in ensuring that the organization has the necessary resources to operate efficiently.

  • Effective procurement can lead to cost savings, improved quality, and better supplier relationships.

  • Examples include procuring raw materials for manufacturing, office supplies, and servi...read more

Q2. how to buy the material, how to find the vendor, what was the plan for the requirement of material

Ans.

To buy materials, the process involves finding vendors and creating a plan for material requirements.

  • Identify the materials needed for procurement

  • Conduct market research to find potential vendors

  • Evaluate vendors based on criteria such as price, quality, and reliability

  • Negotiate terms and conditions with selected vendors

  • Create a procurement plan outlining the quantity, delivery schedule, and budget for the materials

  • Place purchase orders with the chosen vendors

  • Monitor the deliv...read more

Q3. How I can handle development vendor?

Ans.

To handle development vendors, establish clear expectations, maintain open communication, monitor progress, and evaluate performance.

  • Establish clear expectations and requirements for the development vendor.

  • Maintain open and regular communication to ensure alignment and address any issues or concerns.

  • Monitor the progress of the vendor's work and provide feedback or guidance as needed.

  • Evaluate the performance of the vendor based on agreed-upon metrics and criteria.

  • Consider cond...read more

Q4. What is the procurement strategy?

Ans.

Procurement strategy refers to the plan and approach used by an organization to acquire goods and services.

  • It involves identifying the organization's procurement needs and objectives.

  • It includes selecting suppliers and negotiating contracts.

  • It focuses on optimizing costs, quality, and delivery of goods and services.

  • It may involve strategies like centralized procurement, strategic sourcing, or supplier relationship management.

  • Examples of procurement strategies include just-in-...read more

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Q5. Explain the process for goods entering any facility ?

Ans.

Goods entering a facility involves several steps to ensure proper receipt, inspection, and storage.

  • Receiving personnel check the shipment against the purchase order and packing slip.

  • Goods are inspected for damage, quantity, and quality.

  • If any discrepancies are found, they are noted and reported to the supplier.

  • The goods are then labeled and stored in the appropriate location.

  • Inventory records are updated to reflect the new stock.

  • In some cases, additional steps may be required...read more

Q6. Negotiation strategy when there is only one oem

Ans.

Develop a collaborative approach to negotiate with the sole OEM.

  • Build a strong relationship with the OEM to understand their needs and constraints.

  • Focus on creating value for both parties rather than just haggling over price.

  • Explore opportunities for long-term partnerships or additional services to enhance the deal.

  • Be prepared to walk away if the terms are not favorable, but always leave the door open for future negotiations.

  • Consider involving a third-party mediator if necess...read more

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Q7. What is warehouse management?

Ans.

Warehouse management involves overseeing the operations of a warehouse to ensure efficient storage, handling, and distribution of goods.

  • Organizing inventory to maximize space and efficiency

  • Implementing systems for tracking inventory levels and orders

  • Coordinating receiving, storing, and shipping of products

  • Ensuring compliance with safety and security regulations

  • Optimizing warehouse layout for easy access and movement of goods

Q8. Why TATA Advanced Systems?

Ans.

TATA Advanced Systems is a renowned company known for its innovative solutions and commitment to excellence.

  • TATA Advanced Systems has a strong reputation in the industry for delivering high-quality products and services.

  • The company values innovation and encourages employees to think outside the box.

  • TATA Advanced Systems offers great opportunities for professional growth and development.

  • The company's commitment to excellence aligns with my own values and career goals.

Assistant Manager Procurement Jobs

Assistant Procurement Manager 10-13 years
JLL
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Assistant Procurement Manager 5-13 years
JLL
4.1
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Asst Procurement Manager: HC Chemicals 4-12 years
Hindustan Unilever Ltd
4.2
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Q9. What type of motor would you use for water pumping

Ans.

For water pumping, a centrifugal pump with an electric motor is commonly used.

  • Centrifugal pump is commonly used for water pumping due to its efficiency and simplicity

  • Electric motors are preferred for their reliability and ease of use

  • Consider factors like flow rate, head pressure, and power source when selecting a motor

Q10. What is the elongation of 500D Steel

Ans.

The elongation of 500D steel varies depending on the manufacturing process and treatment.

  • The elongation of steel refers to its ability to stretch before breaking.

  • 500D steel is a high-strength steel commonly used in construction and engineering.

  • The elongation of 500D steel can range from 10% to 25% depending on the specific grade and treatment.

  • Factors that can affect elongation include the composition of the steel, the manufacturing process, and any heat treatment or mechanica...read more

Q11. What is the process of P2P?

Ans.

P2P (Procure-to-Pay) is the process of managing the entire procurement lifecycle, from requisition to payment.

  • The process starts with a requisition being raised by the requester.

  • The requisition is then reviewed and approved by the appropriate authority.

  • Once approved, a purchase order is created and sent to the supplier.

  • The supplier delivers the goods or services as per the purchase order.

  • Upon receipt, the goods or services are inspected and verified for quality and quantity.

  • A...read more

Q12. What are the advantages of GGBS

Ans.

GGBS has several advantages in construction industry

  • GGBS reduces the amount of cement needed in concrete mixtures

  • It improves the durability and strength of concrete

  • GGBS reduces the heat of hydration, making it ideal for large concrete pours

  • It reduces the carbon footprint of concrete production

  • GGBS is a byproduct of steel production, making it a sustainable option

  • It can also be used as a partial replacement for Portland cement in other applications

Q13. What do yij know about suppky chain

Ans.

Supply chain is the process of managing the flow of goods and services from the initial stages of production to the final delivery to the customer.

  • Supply chain involves sourcing raw materials, manufacturing products, and distributing them to customers.

  • It includes activities such as procurement, production planning, inventory management, logistics, and distribution.

  • Efficient supply chain management can help reduce costs, improve customer satisfaction, and increase profitabilit...read more

Q14. How you decide the Vendor?

Ans.

The vendor selection process involves evaluating various factors such as price, quality, reliability, and past performance.

  • Consider the vendor's pricing structure and negotiate for the best deal

  • Assess the quality of the vendor's products or services through samples or previous work

  • Evaluate the vendor's reliability in terms of meeting deadlines and fulfilling orders

  • Review the vendor's past performance by checking references or conducting background checks

  • Consider the vendor's ...read more

Q15. What is cost analysis?

Ans.

Cost analysis is the process of evaluating and comparing the costs of different options to make informed decisions.

  • Cost analysis involves examining the expenses associated with a particular project, product, or service.

  • It helps in identifying cost drivers and understanding the factors that contribute to the overall cost.

  • By analyzing costs, organizations can determine the most cost-effective solutions and optimize their procurement strategies.

  • Cost analysis techniques include c...read more

Q16. What is Vendor management?

Ans.

Vendor management is the process of overseeing relationships with suppliers to ensure the timely delivery of goods and services.

  • Vendor management involves selecting and evaluating vendors based on their capabilities, pricing, and reliability.

  • It includes negotiating contracts and terms with vendors to ensure favorable terms for the organization.

  • Monitoring vendor performance and addressing any issues or concerns that may arise.

  • Maintaining regular communication with vendors to e...read more

Q17. Operations used in in press shop / Stamping

Ans.

Operations used in press shop/stamping include blanking, piercing, bending, and forming of metal sheets.

  • Blanking: Cutting out a flat shape from a metal sheet

  • Piercing: Creating holes in the metal sheet

  • Bending: Changing the shape of the metal sheet by bending it

  • Forming: Shaping the metal sheet into a desired form

Q18. How do you select a vendor

Ans.

Vendors are selected based on criteria like quality, price, reliability, and past performance.

  • Evaluate vendor's quality of products or services

  • Consider pricing and negotiate for best rates

  • Assess vendor's reliability and ability to meet deadlines

  • Review vendor's past performance and customer feedback

  • Check vendor's financial stability and reputation in the industry

Q19. How to avoid line stopage

Ans.

To avoid line stoppage, ensure proper maintenance, have backup equipment, train staff, monitor production closely.

  • Regular maintenance schedules for equipment

  • Keep backup equipment on hand

  • Train staff on troubleshooting and quick fixes

  • Monitor production closely for any potential issues

Q20. Operations used in any specific parts.

Ans.

Various operations are used in different parts of the procurement process to ensure efficiency and effectiveness.

  • Sourcing: Finding and selecting suppliers for goods and services.

  • Negotiation: Discussing terms and conditions with suppliers to secure the best deal.

  • Contract management: Ensuring that contracts are adhered to and managing any changes or disputes.

  • Supplier relationship management: Building and maintaining positive relationships with suppliers.

  • Inventory management: Mo...read more

Q21. How do you negotiate price

Ans.

Negotiating price involves researching market rates, understanding the supplier's costs, building relationships, and being willing to walk away.

  • Research market rates to have a benchmark for negotiations

  • Understand the supplier's costs and profit margins

  • Build a strong relationship with the supplier to create a win-win situation

  • Be willing to walk away if the price is not favorable

Q22. Costing details of commodity handled

Ans.

Costing details of commodities handled include purchase price, transportation costs, storage fees, and any additional expenses.

  • Purchase price of commodities sourced from suppliers

  • Transportation costs for delivering commodities to the company

  • Storage fees for keeping commodities in inventory

  • Additional expenses such as customs duties or taxes

  • Cost analysis to identify cost-saving opportunities

Q23. Year of exp in supply chain

Ans.

I have 5 years of experience in supply chain management.

  • Managed procurement processes for multiple projects

  • Negotiated contracts with suppliers to ensure cost-effectiveness

  • Implemented inventory management strategies to optimize supply chain efficiency

Q24. Allocation in future

Ans.

Allocation in future refers to the process of distributing resources or funds to different departments or projects based on their needs and priorities.

  • Consider the budget allocation for different procurement projects based on their importance and impact on the organization.

  • Analyze the current and future needs of the organization to determine the allocation of resources accordingly.

  • Collaborate with stakeholders to understand their requirements and ensure proper allocation of r...read more

Q25. Rating of vendor

Ans.

Vendor rating is crucial for evaluating performance and making informed decisions.

  • Vendor rating is typically based on factors such as quality of products/services, delivery timeliness, pricing, and customer service.

  • It is important to regularly assess and update vendor ratings to ensure optimal procurement outcomes.

  • Examples of vendor rating systems include star ratings, numerical scores, and qualitative assessments.

  • Feedback from internal stakeholders and other customers can al...read more

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