Manager SCM Interview Questions and Answers for Freshers

To increase profits, focus on cost reduction, improving efficiency, increasing sales, and exploring new markets.

• Identify and reduce unnecessary costs

• Streamline supply chain processes to improve efficiency

• Implement lean manufacturing techniques to minimize waste

• Optimize inventory management to reduce carrying costs

• Negotiate better deals with suppliers to lower procurement costs

• Improve product quality and customer satisfaction to increase sales

• Develop and execute effective mark...read more

The objective of sourcing and procurement is to obtain goods and services at the right quality, quantity, price, and time.

• To identify and select reliable suppliers

• To negotiate favorable terms and conditions

• To ensure timely delivery of goods and services

• To optimize costs and achieve cost savings

• To maintain quality standards

• To manage supplier relationships

• To mitigate supply chain risks

• To support organizational goals and objectives