Inventory Manager Interview Questions and Answers | Inventory Interview Questions

Inventory Management Interview Questions and Answers: • Inventory Management I...
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Welcome to the new video of 10 Min of Supply Chain:
In today's video, we dive deep into the Top 5 Most Asked Interview Questions for Inventory Managers. Whether you're preparing for a job interview or looking to brush up on your knowledge, this video is packed with essential information to help you succeed.
🔍 Here's what we'll cover:
00:20 Optimal Reorder Point (ROP): Learn how to determine the optimal reorder point to maintain the perfect balance of inventory levels. We'll break down the formula and provide a clear example to illustrate the concept.
01:35 ABC Analysis: Discover how to categorize inventory items using the ABC analysis method. We'll explain how this helps prioritize management efforts and maximize efficiency.
02:45 Cycle Counting: Understand the process and importance of cycle counting in maintaining inventory accuracy. We'll discuss how regular counts can minimize disruptions and identify discrepancies.
03:50 Inventory Carrying Cost: Learn how to calculate and interpret inventory carrying costs, including all the components involved. We'll provide a numerical example to highlight its significance in inventory management.
06:07 Lead Time Demand: Understand the concept of lead time demand and how it affects inventory levels. We'll show you how to calculate it and provide a practical example to ensure you're prepared for real-world scenarios.
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📺 Watch the full video now and become a pro at tackling inventory management interview questions
#InventoryManagement #SupplyChain #InterviewTips #InventoryManager #JobInterview #CareerAdvice #EOQ #ROP #CycleCounting #ABCanalysis #InventoryCarryingCost #LeadTimeDemand
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Suggested Books :
1. Supply Chain And Operations Management
a.) Supply Chain Management: Strategy, Planning, and Operation, 7th Revised Edition by Pearson :
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b.) Logistics and Supply Chain Management :
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c.) Essentials of Supply Chain Management :
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d.) Operations and Supply Chain Management
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e.) Manufacturing Planning and Control for Supply Chain Management :
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2. Logistics Management
a.) Logistics Management and Strategy: Competing through the Supply Chain :
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b.) Supply Chain Logistics Management :
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3. Procurement
a.) Purchasing and Supply Chain Management, 7e by ZZ_Books Wagon :
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b.) Purchasing and Supply Chain Management, by Arjan van Weele :
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4. Inventory
a.) Introduction to Materials Management :
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5. Case Study
a.) Designing And Managing the Supply Chain : Concepts, Strategies and Case studies :
amzn.to/4bXPv9l ...(Amazon)
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