20+ Purchaser Interview Questions and Answers

In India, the types of purchases practices include direct purchases, indirect purchases, and capital purchases.

• Direct purchases involve buying goods or services directly from the manufacturer or supplier.

• Indirect purchases refer to the procurement of goods or services that are not directly used in the production process, such as office supplies, maintenance services, or IT equipment.

• Capital purchases involve acquiring long-term assets like machinery, equipment, or vehicles.

• Ot...read more

Effective management control is maintained through clear communication, setting goals, monitoring progress, and providing feedback.

• Establish clear communication channels within the team

• Set specific goals and objectives for each team member

• Regularly monitor progress towards goals

• Provide timely feedback and support to team members

• Implement performance metrics to track success

Sample pointers for writing a job application letter in English & Marathi.

• Introduce yourself and state the position you are applying for.

• Highlight your relevant skills and experience.

• Explain why you are interested in the job and the company.

• End the letter with a polite closing and your contact information.

• For Marathi letter, use formal language and address the recipient with respect.

• Include your full name, address, and contact details in both letters.

There are several types of casting processes used in manufacturing.

• Sand casting

• Investment casting

• Die casting

• Centrifugal casting

• Continuous casting

• Lost-foam casting

• Vacuum casting

Operation in store department refers to the day-to-day activities involved in managing inventory and ensuring efficient supply chain management.

• Receiving and inspecting incoming shipments

• Maintaining accurate inventory records

• Ordering and restocking merchandise

• Organizing and arranging products on shelves

• Managing returns and exchanges

• Coordinating with other departments for smooth operations

P2P policy and process refers to the procedures and guidelines for purchasing goods and services from suppliers.

• P2P stands for procure-to-pay

• It involves the entire process from identifying a need to paying the supplier

• The policy outlines the rules and regulations for purchasing

• The process includes requisition, approval, purchase order, receipt, and payment

• Examples of P2P software include SAP Ariba, Coupa, and Oracle Procurement Cloud

Inventory process can be controlled by implementing effective inventory management techniques.

• Set up an inventory control system

• Regularly monitor inventory levels

• Use inventory management software

• Forecast demand and adjust inventory levels accordingly

• Implement a first-in, first-out (FIFO) system

• Train employees on inventory management best practices

Selecting a new vendor requires thorough research and evaluation of their products, services, reputation, and pricing.

• Identify your needs and requirements

• Research potential vendors and their offerings

• Check vendor's reputation and customer reviews

• Evaluate vendor's pricing and contract terms

• Consider vendor's location and delivery capabilities

Hyundai Steel is a leading steel manufacturing company based in South Korea.

• Hyundai Steel is a subsidiary of the Hyundai Motor Group.

• They produce a wide range of steel products for various industries such as automotive, construction, and shipbuilding.

• Hyundai Steel operates multiple steel plants in South Korea.

• They are known for their high-quality steel products and innovative technologies.

• Hyundai Steel has a strong presence in the global steel market.

Item survey can be done by following these steps

• Define the purpose of the survey

• Select a representative sample of the population

• Design the survey questions

• Administer the survey

• Analyze the data

• Report the findings

An alloy is a mixture of two or more metals, or a metal combined with another element to enhance its properties.

• Alloys are created to improve the strength, durability, and/or corrosion resistance of metals.

• Common examples of alloys include steel (iron and carbon), brass (copper and zinc), and bronze (copper and tin).

A quality purchaser is one who has a deep understanding of the market, negotiates well, and builds strong relationships with suppliers.

• Has a thorough understanding of the market and industry trends

• Negotiates effectively to secure the best deals for the company

• Builds strong relationships with suppliers to ensure timely delivery and quality products

• Maintains a high level of professionalism and ethical standards

• Continuously seeks to improve processes and reduce costs

Over 5 years of experience in purchasing and supply chain management

• Managed vendor relationships and negotiated contracts

• Implemented cost-saving strategies

• Analyzed market trends and conducted competitive analysis

• Led cross-functional teams to optimize procurement processes

Defects in injection molding can include issues like warping, sink marks, flash, and short shots.

• Warping: occurs when the part cools unevenly, leading to distortion

• Sink marks: caused by uneven cooling or insufficient packing pressure

• Flash: excess material around the edges of the part due to poor mold alignment or excessive injection pressure

• Short shots: incomplete filling of the mold cavity, resulting in a part that is not fully formed

Factors affecting defects include material quality, production process, human error, and environmental conditions.

• Material quality: Poor quality materials can lead to defects in the final product.

• Production process: Inefficient or flawed production processes can result in defects.

• Human error: Mistakes made by workers during manufacturing can cause defects.

• Environmental conditions: Factors like temperature, humidity, and cleanliness can impact product quality.

Purchasing is crucial for ensuring a company's operations run smoothly and efficiently.

• Purchasing impacts the quality and cost of products or services offered by a company.

• Effective purchasing can lead to cost savings and improved profit margins.

• Maintaining good relationships with suppliers is essential for successful purchasing.

• Strategic purchasing decisions can give a company a competitive edge in the market.

• Purchasing plays a key role in inventory management and supply cha...read more

I prefer a location that is easily accessible by public transportation and close to amenities.

• Prefer location with good public transportation access

• Close to amenities such as grocery stores, restaurants, etc.

• Consider proximity to workplace or schools if applicable