Assistant Merchant
Assistant Merchant Interview Questions and Answers
Q1. What is BOM?
BOM stands for Bill of Materials. It is a comprehensive list of all the components and materials required to manufacture a product.
BOM is used in manufacturing and production processes to ensure all necessary materials are available.
It includes details such as part numbers, quantities, and descriptions of each component.
BOM helps in cost estimation, inventory management, and production planning.
Example: In the automotive industry, a BOM for a car would include the engine, tir...read more
Q2. Can you do costing?
Yes, I can do costing.
I have experience in analyzing costs and determining the price of products or services.
I am familiar with cost accounting principles and methods.
I can calculate direct and indirect costs, overheads, and profit margins.
I have used costing software and tools to perform cost analysis.
I can create cost reports and provide recommendations for cost optimization.
I have successfully implemented cost-saving measures in previous roles.
I can work closely with suppl...read more
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