What are the GL postings in porocure to pay cycle?

What is sales and operational planning(S&OP)process and what are the advantages of S&OP process?

Explain sales order to billing cycle?

what are the GL postings during sales order to billing cycle?

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?

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 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.