Dy.Manager Store Purchase

Dy.Manager Store Purchase Interview Questions and Answers

Updated 23 Sep 2020

Q1. 01. How will you control Inventory? Which tools do you know , explain? 02.How will you negotiate & finalise the prices in procurement, basis? 03.How will you ensure smooth supplied, even in ciritical financial...

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Ans.

Managing inventory, negotiating prices, and ensuring smooth supply in critical financial conditions.

  • Implementing inventory management software to track stock levels and reorder points.

  • Conducting regular audits to identify slow-moving or obsolete inventory.

  • Negotiating prices based on market research and supplier competition.

  • Establishing long-term relationships with reliable suppliers.

  • Creating contingency plans for delayed or no payments to suppliers.

  • Maintaining open communicat...read more

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