Preview Questions Inventory Controller | Role Specific Skill

Question 1: How does an inventory controller utilize KPIs to improve stock management and reporting in construction?

Which action should you take?

Choose only one option

By focusing on reporting total inventory value

By tracking KPIs such as stock turnover, stock accuracy, and order fulfillment rates

By ordering more stock based on high project costs

By tracking supplier performance exclusively

Question 2: In a construction project, how does an Inventory Controller manage urgent orders during order processing?

Which action should you take?

Choose only one option

By negotiating with suppliers for faster delivery

By ordering materials in bulk ahead of time

By bypassing the approval process for urgent orders

By expediting delivery through priority shipping

Question 3: What is the most effective method to ensure the accuracy of purchase orders in a construction project?

Which action should you take?

Choose only one option

Using a single supplier for all materials

Increasing order quantities to account for potential errors

Cross-checking orders with specifications, project requirements, and vendor confirmations

Simplifying the order process by reducing checks

Question 4: In an automated stock replenishment system, what is the most critical component for ensuring timely and accurate order fulfillment?

Which action should you take?

Choose only one option

The speed at which purchase orders are processed

The integration of real-time inventory tracking and demand forecasting

The ability to manually adjust inventory quantities for accuracy

The frequency of system updates to track inventory movements

Question 5: Which technique can be used to optimize inventory levels in a high-demand construction project?

Which action should you take?

Choose only one option

VMI (Vendor Managed Inventory)

ABC Analysis

EOQ (Economic Order Quantity)

JIT (Just-In-Time)

Question 6: What is the main benefit of implementing RFID technology in inventory control?

Which action should you take?

Choose only one option

Reducing labor costs

Improving inventory visibility and accuracy

Speeding up the procurement process

Lowering storage space requirements