Material Planner Interview Questions and Answers

The supply chain process involves interconnected components that ensure efficient product flow from suppliers to customers.

• 1. Planning: Involves demand forecasting and inventory management to meet customer needs.

• 2. Sourcing: Selecting suppliers for raw materials, e.g., choosing a vendor for steel in manufacturing.

• 3. Manufacturing: The actual production of goods, such as assembling electronics in a factory.

• 4. Delivery: Logistics and transportation to distribute products to ret...read more

Material planning involves forecasting demand, determining inventory levels, and scheduling production.

• Analyze historical sales data to forecast future demand

• Determine optimal inventory levels to avoid stockouts and excess inventory

• Collaborate with suppliers to ensure timely delivery of materials

• Schedule production based on demand and inventory levels

• Continuously monitor and adjust plans based on changes in demand or supply chain disruptions

Sanmina is a leading integrated manufacturing solutions provider serving the fastest-growing segments of the global Electronics Manufacturing Services (EMS) market.

• Sanmina offers end-to-end design, manufacturing, and logistics solutions for a wide range of industries including communications, defense and aerospace, industrial, medical, and automotive.

• The company has a global footprint with facilities in over 25 countries.

• Sanmina's services include PCB assembly, system assembl...read more

Safety stock formula is used to calculate the minimum amount of inventory needed to prevent stockouts.

• Safety stock = (Maximum daily usage x Maximum lead time) - (Average daily usage x Average lead time)

• It is important to consider factors such as demand variability and supplier reliability when determining safety stock levels.

• Safety stock can help prevent stockouts and ensure customer satisfaction.

• However, too much safety stock can lead to excess inventory and increased carryi...read more

My KRA's include inventory management, demand forecasting, supplier management, and cost optimization.

• Maintaining optimal inventory levels to meet customer demand

• Forecasting demand accurately to avoid stockouts and excess inventory

• Managing supplier relationships to ensure timely delivery and quality products

• Optimizing costs through negotiation and strategic sourcing

• Collaborating with cross-functional teams to improve supply chain efficiency