TOP 10 SUPPLY CHAIN INTERVIEW QUESTIONS in 2021

Now a days, Supply Chain Management is the key to achieve the overall success of any organization. It is the respiratory system of any business. But, the first step is to understand, what is Supply Chain Management?

Supply Chain Management is the process to manage the overall flow of Goods & Services from Upstream to downstream or vice-versa. This includes the process of transformation of goods from Raw material stage to finished goods, adding value to the material in every step.It is very much complex, but when managed in a systematic fashion, will help any organization to increase profitability, reduce overall delivery time & increase customer satisfaction. Therefore, every organization is focused to have top skilled resources in this critical function. Here are some of the interesting interview questions for Supply Chain Management professionals which are very common to be asked in 2021.

1. What is Supply Chain Management & why it is important in current scenario?

Here you need to elaborate the process of Supply Chain, the functions and importance of it. If you can connect your answer to the industry for which you are applying, it will give a boost to your candidature.

2. As a SCM person, how do you assess and add a new vendor?

The answer to this question should include the Safety, Quality, Delivery and Cost as the key assessment parameters. You can add and explain the importance of every vertical.

3. How do you add value to this function with your competencies?

The major competencies of a Supply Chain Professional should be explained & elaborated here. like - 

 >Inventory Management

>Strategic Purchasing & Sourcing Management

>Materials Management

>Warehousing & Logistics

>Sales and Operations Planning

>MRP

4. What are the different Inventory Control Techniques?

In every industry, inventory lies in different forms like Raw materials, WIP,  Finish Goods and all includes the total inventory, which in turn, reflects healthiness of the system of any company.The selective inventory control methodologies are to be explained here like A-B-C/F-M-R analysis, V-E-D analysis, H-M-L analysis and the strategies to manage these type of inventories should be explained here.

5. What do you understand by Spend Analysis?

The steps of analyzing the annual spend, strategies & actions are the key points to this questions. Data collection, expenditure analysis, cost control, budgeting and it's analysis are the important points tobe discussed here.

6. Can you please explain your understanding on GST (Goods and Service Tax).

As a Supply Chain professional, the basic knowledge of GST is always preferred. Therefore, the basic ideas & concepts of GST like the what are Goods & what are services, Tax structure, CGST/IGST/UTGST, different schemes, invoices, sub-contracting, etc will add value to your candidature.

7. What are the biggest achievements in your Supply Chain career?

Explain any practical achievements in your earlier roles with data & benefits to the organization.This will help to evaluate your approach to project & detailing.

8. Explain you leadership skills.

The leadership Skill which suits you best should be explained here. The adaptive leadership style is one of the example.

9. How do you manage conflict of interest with your supplier?

10. What are the criteria for Slow moving/Non-Moving Inventory analysis? How Excess and Obsolete inventory can be managed?

Inventory is the necessary evil & therefore, the control on Slow/Non-Moving/Excess/Obsolete inventory is very much important. Every company is now focused to reduce these evils & the SCM manager must have the necessary skills to manage these inventories.

Summary:

Supply Chain Management is the pillar of success of every industry & this is the field on which the profitability depends mostly. The professionals in this field are highly valued & their contributions towards the growth of the organization are very important.