Store Keeper and Material Controller Interview Questions and Answers

ERP stands for Enterprise Resource Planning, which is a software system that helps organizations manage and integrate important parts of their businesses.

• ERP is a software system that allows organizations to manage and integrate various aspects of their operations, such as accounting, procurement, project management, and manufacturing.

• It helps in streamlining processes, improving efficiency, and providing real-time data for decision-making.

• ERP systems often include modules fo...read more

Inventory refers to the list of goods and materials held by a business for production, storage, or resale.

• Inventory includes raw materials, work-in-progress, and finished goods.

• It is crucial for businesses to manage their inventory effectively to avoid stockouts or excess inventory.

• Inventory can be tracked using various methods such as FIFO (First In, First Out) or LIFO (Last In, First Out).

Planning and scheduling involves organizing and coordinating resources to achieve specific goals within a set timeframe.

• Developing a detailed plan for the procurement, storage, and distribution of materials

• Creating schedules for inventory management and replenishment

• Coordinating with suppliers to ensure timely delivery of materials

• Monitoring inventory levels and adjusting plans as needed

• Utilizing software systems for efficient planning and tracking

• Implementing strategies to o...read more

Material refers to the physical items or substances used in a particular process or activity.

• Material can include raw materials, components, finished products, tools, equipment, etc.

• Materials can be categorized based on their properties, such as solid, liquid, gas, perishable, non-perishable, etc.

• Effective material management involves procurement, storage, handling, and distribution of materials.

• Examples of materials in a warehouse setting: steel beams, wooden planks, screws,...read more