10+ Junior Purchase Manager Interview Questions and Answers

The quantity of different parts to be purchased will depend on the demand and usage of each part.

• The quantity will be determined by analyzing the demand and usage of each part

• We will consider factors such as lead time, storage capacity, and budget constraints

• Regular communication with suppliers will help us to adjust the quantity as per the requirement

• We will maintain a balance between bulk purchasing and just-in-time purchasing to optimize cost and inventory management

The process of buying from supplier to vehicle rollout involves several steps.

• Identify the need for a new supplier

• Research potential suppliers and evaluate their offerings

• Negotiate terms and finalize a contract

• Place orders and manage delivery timelines

• Inspect and test the received goods

• Coordinate with internal teams for installation and rollout

• Ensure ongoing supplier performance and address any issues

After GE and GRN, payment process involves invoice verification and approval before payment is made.

• Verify invoice against purchase order and goods receipt note

• Ensure accuracy of invoice details and pricing

• Obtain approval from relevant parties before making payment

• Maintain proper documentation for audit purposes

There are various stages of creative problem solving.

• The first stage is identifying the problem.

• The second stage is gathering information and analyzing the problem.

• The third stage is generating possible solutions.

• The fourth stage is evaluating and selecting the best solution.

• The final stage is implementing and monitoring the solution.

• Example: A company facing declining sales may use creative problem solving to identify the root cause and develop a solution to increase revenue...read more

SAP has different types of use keys for various purposes.

• Use keys are used to control access to SAP functions and data

• There are different types of use keys such as system use key, object use key, and personal use key

• System use key is used to control access to system functions

• Object use key is used to control access to specific objects such as tables or programs

• Personal use key is used to control access to personal data such as HR information

• Use keys can be assigned to users o...read more

Planning before buying involves identifying needs, setting a budget, researching options, and comparing prices.

• Identify the need for the purchase

• Set a budget for the purchase

• Research available options and compare prices

• Consider factors such as quality, durability, and warranty

• Evaluate the seller's reputation and customer service

• Make a decision based on the above factors

Spare parts can be managed through proper inventory control and maintenance schedules.

• Create a detailed inventory of all spare parts

• Establish a system for tracking usage and reordering

• Implement a maintenance schedule to prevent breakdowns and reduce the need for spare parts

• Consider outsourcing the management of spare parts to a third-party vendor

• Regularly review and update the spare parts inventory to ensure accuracy

Intransit system refers to the process of tracking and managing the movement of parts from suppliers to the company.

• Intransit system helps in ensuring timely delivery of parts and avoiding delays in production.

• It involves tracking the movement of parts from the supplier's warehouse to the company's warehouse.

• The system also helps in identifying any delays or issues in the supply chain and taking corrective actions.

• Examples of intransit systems include GPS tracking, barcoding,...read more

The process of spare parts buying involves identifying the need, sourcing suppliers, comparing prices and quality, negotiating terms, and placing orders.

• Identify the need for spare parts

• Source potential suppliers

• Compare prices and quality of spare parts

• Negotiate terms with suppliers

• Place orders for selected spare parts