Supply Chain Manager Interview Questions and Answers for Freshers

The important key elements in FMCG supply chain include demand forecasting, inventory management, logistics, and collaboration.

• Demand forecasting: Accurately predicting consumer demand to ensure sufficient stock levels and avoid stockouts.

• Inventory management: Efficiently managing inventory levels to minimize holding costs and reduce the risk of obsolescence.

• Logistics: Ensuring timely and cost-effective transportation of goods from suppliers to distribution centers and retail...read more

Diesel engines are preferred in heavy vehicles due to their high torque and fuel efficiency.

• Diesel engines have higher compression ratios than gasoline engines, resulting in more power and torque.

• Diesel fuel has a higher energy density than gasoline, providing better fuel efficiency.

• Heavy vehicles require more power and torque to move, making diesel engines a better choice.

• Diesel engines also have a longer lifespan and require less maintenance than gasoline engines.

• Examples o...read more

Stock aging control involves monitoring and managing the age of inventory to prevent obsolescence and optimize supply chain efficiency.

• Regularly review inventory levels and identify items that are approaching their expiration or obsolescence dates.

• Implement a first-in, first-out (FIFO) inventory management system to ensure older stock is used or sold before newer stock.

• Set up alerts or notifications to track aging stock and take proactive measures to prevent excess aging.

• Work...read more

CC can refer to several things in different contexts, such as cubic centimeters, carbon copy, credit card, etc.

• CC stands for cubic centimeters, a unit of measurement for engine displacement in vehicles.

• CC can also mean carbon copy, used in email communication to send a copy of a message to multiple recipients.

• In finance, CC can stand for credit card.

• CC can also refer to closed captioning, a feature that displays text on a screen to provide a transcription of spoken dialogue f...read more

SCM stands for Supply Chain Management. It involves the coordination and management of all activities involved in the production and delivery of goods and services.

• SCM involves the planning, sourcing, manufacturing, and delivery of products or services

• It aims to optimize the supply chain to reduce costs and improve efficiency

• SCM includes activities such as inventory management, logistics, and procurement

• Examples of SCM tools include ERP systems, transportation management syst...read more