Supply Chain Coordinator
Supply Chain Coordinator Interview Questions and Answers
Q1. Do you have an idea about how a supply chain actually work ?
A supply chain is a network of interconnected businesses involved in the provision of products and services to consumers.
A supply chain involves the flow of goods, information, and finances from the initial raw materials to the final consumer.
It includes various stages such as sourcing, production, distribution, and retailing.
Efficient supply chain management aims to minimize costs, improve quality, and enhance customer satisfaction.
Examples of supply chain activities include...read more
Q2. What do you mean by Procurement?
Procurement refers to the process of acquiring goods or services from external sources.
Procurement involves identifying the need for a product or service
It also involves selecting the right supplier or vendor
Negotiating the terms and conditions of the purchase
Placing the order and ensuring timely delivery
Examples include purchasing raw materials for manufacturing, buying office supplies, or outsourcing IT services
Supply Chain Coordinator Interview Questions and Answers for Freshers
Q3. What is accrual basis of accouting?
Accrual basis of accounting recognizes revenue and expenses when they are earned or incurred, regardless of when payment is received or made.
Revenue is recognized when it is earned, not when payment is received
Expenses are recognized when they are incurred, not when payment is made
This method provides a more accurate picture of a company's financial health
Example: A company provides services in December but doesn't receive payment until January. Under accrual accounting, the ...read more
Q4. How to you indentify a vendor?
A vendor can be identified through various methods such as referrals, online research, trade shows, and industry associations.
Referrals from colleagues or industry contacts
Online research through search engines and social media
Attending trade shows and networking events
Checking industry associations and directories
Requesting vendor applications and conducting background checks
Q5. How know about microsoft excel ?
I am proficient in Microsoft Excel and have experience using various functions and formulas.
Proficient in creating and formatting spreadsheets
Experience using functions such as VLOOKUP, SUMIF, and IF
Skilled in data analysis and creating charts and graphs
Familiar with pivot tables and data validation
Ability to automate tasks using macros
Q6. Differenciate Logistics and Supply chain?
Logistics is a subset of supply chain management that deals with the physical movement of goods, while supply chain management encompasses the entire process from procurement to delivery.
Logistics focuses on transportation, warehousing, and distribution of goods.
Supply chain management includes logistics as well as procurement, planning, and coordination of activities across the entire supply chain.
Logistics is more tactical, while supply chain management is more strategic.
Lo...read more
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Q7. What is Supply chain?
Supply chain is the process of managing the flow of goods and services from the point of origin to the point of consumption.
It involves the coordination and integration of various activities such as procurement, production, transportation, warehousing, and distribution.
Effective supply chain management can lead to increased efficiency, reduced costs, and improved customer satisfaction.
Examples include Amazon's delivery network, Walmart's inventory management system, and Apple...read more
Q8. Are you know i3ms erp work?
Yes, I am familiar with i3ms erp work.
I have experience working with i3ms erp system in my previous role.
I am familiar with the features and functionalities of i3ms erp system.
I have received training on i3ms erp system and can navigate it with ease.
I understand how i3ms erp system can be used to streamline supply chain operations.
Supply Chain Coordinator Jobs
Q9. What is supply chain management
Supply chain management involves the coordination and optimization of all activities involved in the production and distribution of goods and services.
Involves planning, sourcing, making, delivering, and returning products
Focuses on efficiency, cost reduction, and customer satisfaction
Utilizes technology and data analytics to improve processes
Examples include inventory management, transportation logistics, and supplier relationships
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