Ques:- What are changes we can make in Run Time Settings?
Asked In :-
Dhoot Transmission, Salzer Electronics, Human Cloud Business Solutions, husky injection molding systems, urjanet,
Ques:- What does adaptability mean to you in a professional setting
Asked In :-
Netaxis IT Solutions (p), Fortunesoft IT Innovations, FIS Global Business Solutions India, Deluxe entertainment services India, PeopleStrong HR Services, COEPD, Softcell Technologies, Codelogicx Technologies, Wellness Forever, MedGenome Labs,
Right Answer:
Adaptability in a professional setting means being open to change, adjusting to new situations, and being flexible in response to challenges or shifting priorities while maintaining productivity and effectiveness.
Adaptability in a professional setting means being open to change, adjusting to new situations, and being flexible in response to challenges or shifting priorities while maintaining productivity and effectiveness.
Ques:- How do you stay positive when faced with uncertainty or unexpected challenges
Asked In :-
Netaxis IT Solutions (p), Rock Solid Solutions, Codiant Software Technologies, Born Commerce, GOQii Technologies, Dhruvsoft Services, MatchMove India, Sun Dew Solutions, FIS Global Business Solutions India, Energytech Global,
Right Answer:
I stay positive by focusing on what I can control, maintaining a flexible mindset, seeking support from others, and viewing challenges as opportunities for growth and learning.
I stay positive by focusing on what I can control, maintaining a flexible mindset, seeking support from others, and viewing challenges as opportunities for growth and learning.
Ques:- How do you prioritize tasks when everything seems urgent and subject to change
Asked In :-
Medvarsity Online, Hidden Brains InfoTech, Netaxis IT Solutions (p), Chegg India, Itobuz Technologies, RANDSTAD INDIA PVT, Born Commerce, Solitaire Infosys, Varite India, Energytech Global,
Right Answer:
I prioritize tasks by assessing their impact and urgency. I use a matrix to categorize them into four quadrants: urgent and important, important but not urgent, urgent but not important, and neither. I focus on completing tasks in the first two categories first. I also stay flexible and regularly reassess priorities as new information comes in or situations change.
I prioritize tasks by assessing their impact and urgency. I use a matrix to categorize them into four quadrants: urgent and important, important but not urgent, urgent but not important, and neither. I focus on completing tasks in the first two categories first. I also stay flexible and regularly reassess priorities as new information comes in or situations change.
Ques:- How do you approach adapting to new company cultures or working with diverse teams
Asked In :-
Medvarsity Online, WSNE Consulting, MattsenKumar Services, Toxsl Technologies, RANDSTAD INDIA PVT, Dhruvsoft Services, MatchMove India, WFM, Sun Dew Solutions, Cloud Kinetics Technology Solutions,
Right Answer:
I approach adapting to new company cultures by observing and understanding the values and norms of the organization. I actively listen to my colleagues, ask questions, and seek feedback to align my work style with the team. When working with diverse teams, I embrace different perspectives, promote open communication, and foster an inclusive environment to ensure everyone feels valued and heard.
I approach adapting to new company cultures by observing and understanding the values and norms of the organization. I actively listen to my colleagues, ask questions, and seek feedback to align my work style with the team. When working with diverse teams, I embrace different perspectives, promote open communication, and foster an inclusive environment to ensure everyone feels valued and heard.
Ques:- Tell us about a time when you successfully led a team through a period of change
Asked In :-
Xoriant Solutions Pvt Ltd, Medvarsity Online, Hidden Brains InfoTech, AnAr Solutions, Rock Solid Solutions, Protege Solutions, Born Commerce, Dhruvsoft Services, Sun Dew Solutions, Enovate IT Outsourcing,
Right Answer:
In my previous role, our company underwent a major software transition. I led a team of five through this change by first organizing a meeting to discuss the new system and address concerns. I created a training schedule to ensure everyone felt comfortable with the new tools. I encouraged open communication, allowing team members to share their challenges and successes. As a result, we successfully implemented the new software on time, and team productivity improved by 20% within the first month.
In my previous role, our company underwent a major software transition. I led a team of five through this change by first organizing a meeting to discuss the new system and address concerns. I created a training schedule to ensure everyone felt comfortable with the new tools. I encouraged open communication, allowing team members to share their challenges and successes. As a result, we successfully implemented the new software on time, and team productivity improved by 20% within the first month.
Ques:- Explain demand planning process you have handled or handling?
Asked In :-
BPCL Bharat Petroleum, Jayaswal Neco Industries, Kazi Farms, Kirloskar, Maharashtra Industrial Development Corporation MIDC, MOL, NDDB, Thirumalai Chemicals, Loblaw Companies, Exide Industries,
Right Answer:
The demand planning process I handle involves several key steps:
1. **Data Collection**: Gather historical sales data, market trends, and customer insights.
2. **Forecasting**: Use statistical methods and tools to predict future demand based on the collected data.
3. **Collaboration**: Work with sales, marketing, and production teams to align forecasts with business strategies.
4. **Review and Adjust**: Regularly review forecasts against actual sales and adjust plans as necessary.
5. **Implementation**: Communicate the demand plan to relevant stakeholders to ensure alignment in inventory and production planning.
6. **Monitoring**: Continuously monitor demand patterns and market changes to refine future forecasts.
The demand planning process I handle involves several key steps:
1. **Data Collection**: Gather historical sales data, market trends, and customer insights.
2. **Forecasting**: Use statistical methods and tools to predict future demand based on the collected data.
3. **Collaboration**: Work with sales, marketing, and production teams to align forecasts with business strategies.
4. **Review and Adjust**: Regularly review forecasts against actual sales and adjust plans as necessary.
5. **Implementation**: Communicate the demand plan to relevant stakeholders to ensure alignment in inventory and production planning.
6. **Monitoring**: Continuously monitor demand patterns and market changes to refine future forecasts.
Ques:- What process you adopt for purchase
Asked In :-
Atigo Electronics India, Cummins India, Chanar Sugar Mills, ChemBiotech, FlowServe, Kirloskar Ferrous Industries, MEIL, P&G Procter Gamble, Tata Advanced Systems, Kale Logistics Solutions,
Right Answer:
The process I adopt for purchasing includes the following steps:
1. Identify the need for goods or services.
2. Conduct market research to find potential suppliers.
3. Request and evaluate quotes or proposals from suppliers.
4. Negotiate terms and conditions, including price and delivery.
5. Place the purchase order with the selected supplier.
6. Receive and inspect the goods or services upon delivery.
7. Process payment and maintain records for future reference.
The process I adopt for purchasing includes the following steps:
1. Identify the need for goods or services.
2. Conduct market research to find potential suppliers.
3. Request and evaluate quotes or proposals from suppliers.
4. Negotiate terms and conditions, including price and delivery.
5. Place the purchase order with the selected supplier.
6. Receive and inspect the goods or services upon delivery.
7. Process payment and maintain records for future reference.
Ques:- How would you evaluate the inventory performance ? What is Inventory Turn Over ratio and what would you recommend to increase it under a set of assumptions.
Asked In :-
FourKites, Medline Industries India, BYD Electronic, FlowServe, Kraft Heinz, Levis, Lotte Chemical Titan, NDDB, TFT, Worley Parsons,
Right Answer:
To evaluate inventory performance, you can use several metrics, with the Inventory Turnover Ratio being a key indicator. The Inventory Turnover Ratio is calculated by dividing the cost of goods sold (COGS) by the average inventory during a specific period.
To increase the Inventory Turnover Ratio, consider the following recommendations:
1. Improve demand forecasting to align inventory levels with sales.
2. Optimize inventory levels by reducing excess stock and eliminating slow-moving items.
3. Enhance supplier relationships to ensure timely restocking.
4. Implement just-in-time (JIT) inventory practices to reduce holding costs.
5. Increase sales through promotions or improved marketing strategies.
To evaluate inventory performance, you can use several metrics, with the Inventory Turnover Ratio being a key indicator. The Inventory Turnover Ratio is calculated by dividing the cost of goods sold (COGS) by the average inventory during a specific period.
To increase the Inventory Turnover Ratio, consider the following recommendations:
1. Improve demand forecasting to align inventory levels with sales.
2. Optimize inventory levels by reducing excess stock and eliminating slow-moving items.
3. Enhance supplier relationships to ensure timely restocking.
4. Implement just-in-time (JIT) inventory practices to reduce holding costs.
5. Increase sales through promotions or improved marketing strategies.
Ques:- What are different types of contracts ( Blanket and Fixed) in procurement, which type of contract should be used in what conditions.
Asked In :-
Avery Dennison (India), Norfolk Southern Corp, Ask Agro Chemicals, Berger Paints, Bisleri, Britannia, Dashen Brewery, Empower, Ethiopian Maritime, LMW Lakshmi Machine Works,
Right Answer:
In procurement, the two types of contracts are:
1. **Blanket Contract**: This is used for recurring purchases over a specified period. It allows for flexibility in ordering quantities and is suitable when the exact amount of goods or services needed is uncertain.
2. **Fixed Contract**: This is used when the price and quantity of goods or services are predetermined. It is suitable for projects with clear specifications and timelines, where costs are stable and predictable.
Use a blanket contract when you need flexibility and ongoing supply, and a fixed contract when you have clear requirements and want to lock in prices.
In procurement, the two types of contracts are:
1. **Blanket Contract**: This is used for recurring purchases over a specified period. It allows for flexibility in ordering quantities and is suitable when the exact amount of goods or services needed is uncertain.
2. **Fixed Contract**: This is used when the price and quantity of goods or services are predetermined. It is suitable for projects with clear specifications and timelines, where costs are stable and predictable.
Use a blanket contract when you need flexibility and ongoing supply, and a fixed contract when you have clear requirements and want to lock in prices.
Ques:- Explain complete supply chain cycle starting from Business Planning to Sales and including procurement(for MTO and MTS environment)?
Asked In :-
FourKites, Saint-Gobain Glass India, Britannia, CTPS, Dashen Brewery, Ethiopian Maritime, FlowServe, GSFC, LMW Lakshmi Machine Works, LT Foods,
Right Answer:
The complete supply chain cycle includes the following steps:
1. **Business Planning**: Define overall business goals, demand forecasts, and inventory strategies.
2. **Demand Planning**: Analyze market trends and customer needs to create accurate demand forecasts.
3. **Procurement**: Source raw materials and components based on demand forecasts. This can vary for Make-to-Order (MTO) and Make-to-Stock (MTS):
- **MTO**: Procure materials only after receiving customer orders.
- **MTS**: Procure materials in advance to maintain stock for anticipated demand.
4. **Production Planning**: Schedule and plan production activities based on demand and inventory levels.
5. **Manufacturing**: Produce goods according to the production plan, ensuring quality and efficiency.
6. **Inventory Management**: Monitor and manage inventory levels to balance supply with demand, minimizing excess stock or shortages.
7. **Distribution**: Plan and execute the transportation of finished goods to warehouses
The complete supply chain cycle includes the following steps:
1. **Business Planning**: Define overall business goals, demand forecasts, and inventory strategies.
2. **Demand Planning**: Analyze market trends and customer needs to create accurate demand forecasts.
3. **Procurement**: Source raw materials and components based on demand forecasts. This can vary for Make-to-Order (MTO) and Make-to-Stock (MTS):
- **MTO**: Procure materials only after receiving customer orders.
- **MTS**: Procure materials in advance to maintain stock for anticipated demand.
4. **Production Planning**: Schedule and plan production activities based on demand and inventory levels.
5. **Manufacturing**: Produce goods according to the production plan, ensuring quality and efficiency.
6. **Inventory Management**: Monitor and manage inventory levels to balance supply with demand, minimizing excess stock or shortages.
7. **Distribution**: Plan and execute the transportation of finished goods to warehouses
