Material Planner

Material Planner Interview Questions and Answers

Updated 2 Nov 2024
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Q1. how u planning of material

Ans.

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

Q2. tell about sanmina

Ans.

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

Material Planner Interview Questions and Answers for Freshers

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Q3. Safety Stock Formula

Ans.

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

Q4. CAPA explanations

Ans.

CAPA explanations in material planning involve identifying root causes of issues and implementing corrective actions to prevent recurrence.

  • CAPA stands for Corrective and Preventive Actions

  • It involves investigating issues, determining root causes, and implementing solutions to prevent recurrence

  • Examples include conducting root cause analysis, implementing process improvements, and monitoring effectiveness of corrective actions

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Q5. Discuss your KRA’s

Ans.

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

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