Replenishment Executive Interview Questions and Answers

Building vendor/brand relations requires effective communication, trust, and mutual benefits.

• Regular communication to understand their needs and expectations

• Being transparent and honest in all dealings

• Offering incentives and benefits to encourage loyalty

• Collaborating on marketing and promotional activities

• Providing feedback and suggestions for improvement

• Resolving any issues or conflicts promptly and professionally

Improving fill rates can be achieved through better forecasting, optimizing inventory levels, and improving supplier relationships.

• Implement a demand forecasting system to accurately predict customer demand

• Optimize inventory levels to ensure adequate stock without excess inventory

• Improve supplier relationships to ensure timely delivery and reduce lead times

• Implement a safety stock policy to mitigate unexpected demand spikes

• Utilize technology such as RFID and barcoding to impr...read more