Sourcing Engineer
Sourcing Engineer Interview Questions and Answers
Q1. What components have you developed so far?
I have developed various components including X, Y, and Z.
Developed component X for a manufacturing company, improving efficiency by 20%.
Designed and implemented component Y for a medical device, meeting strict regulatory requirements.
Collaborated with a team to develop component Z for an automotive company, reducing costs by 15%.
Q2. What is total cost of ownership?
Total cost of ownership is the overall cost associated with owning a product or service throughout its lifecycle.
Includes initial purchase price, maintenance costs, operating costs, and disposal costs
Helps in making informed decisions about purchasing and managing assets
Example: Buying a car involves not just the purchase price but also fuel, insurance, maintenance, and eventual resale value
Sourcing Engineer Interview Questions and Answers for Freshers
Q3. What is the definition of communication?
Communication is the exchange of information between individuals or groups through verbal, non-verbal, or written means.
Communication involves the sharing of thoughts, ideas, and emotions.
It can be verbal (speaking), non-verbal (body language), or written (emails, letters).
Effective communication requires active listening and clear expression of thoughts.
Examples include conversations, presentations, emails, and text messages.
Q4. What is P2P cyle. What are Incoterms
P2P cycle refers to the Procure-to-Pay process in supply chain management. Incoterms are international commercial terms used in international trade.
P2P cycle involves steps like requisition, supplier selection, purchase order creation, goods receipt, invoice verification, and payment.
Incoterms are standardized terms used in international trade to define the responsibilities of buyers and sellers in terms of transportation, insurance, and risk.
Examples of Incoterms include EXW...read more
Q5. What is a component?
A component is a part or element of a larger system or machine.
A component is a physical or logical part of a system that can be replaced or exchanged.
Components work together to form a complete system or product.
Examples of components include resistors, capacitors, and transistors in an electronic circuit.
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