Supply Chain Manager Question:
Supply Chain Manager Job Interview Questions:
Answer:
☛ What do you understand by Supply Chain Management
☛ Explain complete supply chain cycle starting from Business Planning to Sales and including procurement(for MTO and MTS environment).
☛ What is Sales and Operations Planning (S&OP) process and what are the advantages of S&OP process ?
☛ Explain demand planning process you have handled or handling.
☛ Explain Procure to Pay to Pay cycle?
☛ How do you search a supplier
☛ Explain the Vendor rating process
☛ What are the risks in procurement how do you minimise these risks
☛ What is spend analysis and how do you use spend analysis to reduce the procurement costs and processing costs
☛ What are the GL postings in procure to pay cycle?
☛ What are the different types of matching such as 2 way, 3 way or 4 way and why these are required?
☛ Explain Sales order to billing cycle?
☛ What are the GL postings during sales order to billing cycle?
☛ What are different inventory Valuations?
☛ What are the different Inventory analysis ? how do you do ABC, XYZ and FSN analysis?
☛ What is the difference between Physical inventory and Cycle counting and which process is better ? and why?
☛ What are the different types of MRP runs (i.e. Regenerative, Net Change etc).
☛ Explain Consumption based planning and Demand based planning, which is better and how?
☛ How do you calculate safety stock for consumption based planning ?
☛ How do you plan the requirements of material which are very rarely moving and unpredictable in demand?
☛ what are insurance items?
☛ What is Bullwhip effect in supply Chain, how it affects the supply chain and how would you reduce it?
☛ Explain Stock transfer cycles between two locations and what are the GL postings ?
☛ What would be your sourcing strategy to buy low value items?
☛ Explain Scrap Sales process and the GL postings during the process.
☛ Explain SCOR and CFPR models
☛ 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.
☛ What is Bill Of material what information it contains?
☛ What is in-transit inventory and how it is calculated, how do you monitor in-transit inventory levels?
☛ What are different types of contracts ( Blanket and Fixed) in procurement, which type of contract should be used in what conditions.
☛ What the normal terms and conditions in a agreement while signing it with a supplier?
☛ How do you negotiate with a supplier and what could be the negotiation points during negotiation process?
☛ What are the GL postings in Stock revaluation and stock adjustment transactions?
☛ How do you manage stock out situations?
☛ What is Planning horizon and how does it impact MRP and MPS run results ?
☛ How do you fix the credit limits of the customers (Distributors, Dealers)
☛ Tell me a situation when you negotiated with a vendor successfully.
☛ How do you analyse Inventory Shrinkages?
☛ Explain complete supply chain cycle starting from Business Planning to Sales and including procurement(for MTO and MTS environment).
☛ What is Sales and Operations Planning (S&OP) process and what are the advantages of S&OP process ?
☛ Explain demand planning process you have handled or handling.
☛ Explain Procure to Pay to Pay cycle?
☛ How do you search a supplier
☛ Explain the Vendor rating process
☛ What are the risks in procurement how do you minimise these risks
☛ What is spend analysis and how do you use spend analysis to reduce the procurement costs and processing costs
☛ What are the GL postings in procure to pay cycle?
☛ What are the different types of matching such as 2 way, 3 way or 4 way and why these are required?
☛ Explain Sales order to billing cycle?
☛ What are the GL postings during sales order to billing cycle?
☛ What are different inventory Valuations?
☛ What are the different Inventory analysis ? how do you do ABC, XYZ and FSN analysis?
☛ What is the difference between Physical inventory and Cycle counting and which process is better ? and why?
☛ What are the different types of MRP runs (i.e. Regenerative, Net Change etc).
☛ Explain Consumption based planning and Demand based planning, which is better and how?
☛ How do you calculate safety stock for consumption based planning ?
☛ How do you plan the requirements of material which are very rarely moving and unpredictable in demand?
☛ what are insurance items?
☛ What is Bullwhip effect in supply Chain, how it affects the supply chain and how would you reduce it?
☛ Explain Stock transfer cycles between two locations and what are the GL postings ?
☛ What would be your sourcing strategy to buy low value items?
☛ Explain Scrap Sales process and the GL postings during the process.
☛ Explain SCOR and CFPR models
☛ 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.
☛ What is Bill Of material what information it contains?
☛ What is in-transit inventory and how it is calculated, how do you monitor in-transit inventory levels?
☛ What are different types of contracts ( Blanket and Fixed) in procurement, which type of contract should be used in what conditions.
☛ What the normal terms and conditions in a agreement while signing it with a supplier?
☛ How do you negotiate with a supplier and what could be the negotiation points during negotiation process?
☛ What are the GL postings in Stock revaluation and stock adjustment transactions?
☛ How do you manage stock out situations?
☛ What is Planning horizon and how does it impact MRP and MPS run results ?
☛ How do you fix the credit limits of the customers (Distributors, Dealers)
☛ Tell me a situation when you negotiated with a vendor successfully.
☛ How do you analyse Inventory Shrinkages?
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