Preview Questions Inventory Control Specialist | Role Specific Skill

Question 1: What are the challenges when analyzing large volumes of stock data across multiple locations?

Which action should you take?

Choose only one option

Ensuring that the data entry is done manually without error

Ignoring the location-based stock movements in the analysis

Data consistency, varying sales patterns, and discrepancies in stock counts across locations

Using only basic sales data without location adjustments

Question 2: How do you handle slow-moving or obsolete inventory using an inventory control system?

Which action should you take?

Choose only one option

By identifying slow-moving items through reports and initiating promotions or discounts to reduce excess stock

By ignoring slow-moving inventory and focusing only on fast-moving items

By automatically disposing of obsolete inventory without any further action

By ordering larger quantities of slow-moving products to balance stock levels

Question 3: How do you reconcile inventory data in a multi-location food operation that uses a centralized system?

Which action should you take?

Choose only one option

By ignoring discrepancies across locations to avoid delays

By relying on automatic adjustments without manual checks

By manually transferring inventory data between locations without synchronization

By regularly comparing each location's inventory levels to the central system and updating accordingly

Question 4: How do you analyze the impact of promotions on inventory turnover using data?

Which action should you take?

Choose only one option

By estimating the impact based on manual calculations

By looking at daily sales figures without considering promotions

By comparing sales data during promotions with historical data

By ignoring promotional periods and using overall sales data

Question 5: How do you monitor and control stock levels to prevent wastage and spoilage in a food operation?

Which action should you take?

Choose only one option

By ordering large quantities and letting the staff manage the rest

By focusing only on high-value items and ignoring perishable goods

By storing all products in the same place regardless of type

By tracking product shelf life, implementing proper stock rotation, and adjusting stock levels based on usage

Question 6: What is the significance of tracking stock movements and adjustments in an inventory management system?

Which action should you take?

Choose only one option

It helps maintain accuracy in stock levels, identify discrepancies, and streamline ordering

It focuses solely on minimizing storage costs

It reduces the need for regular physical inventory checks

It ensures better sales forecasting and customer satisfaction