ASBIS Business Rules Questions

Name

Email

COGS stands for?

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DOI stands for?

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DSO stands for?

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DPO stands for?

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CCC stands for?

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NWC stands for?

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Main business rules are (multiple choices)?

Price setup

Inventory projections

Set targets

Inventory target

Eliminate or limit business with GP ROCA <15%

PO placement in IT4P before issuing PO to vendor

Delegation of purchase authorisation

Inventory plan

New vendor approval policy

Project Sales pipeline

Targets MUST BE SET in which cases? Fill the blanks.

$monthly sales AND/OR
k$ inventory AND/OR
DOI

Note: If you wish to enter a value - for example >10 - enter > in first, and 10 in second field.
Each field accept single type of data.
Example:

Target setting deadlines (multiple choices)?

Set target till month end for next three months

Only upsides till 5th

Review and align targets until 10th of the month

Only Upsides until 15th

Set targets till month end

Review and align target until 5th of the month

Till end of year for next year

How you can improve GP ROCA ( multiple choices)

Decrease GM

Decrease DOI

Increase DSO

Decrease DSO

Increase GM

What is inventory plan?

Inventory x days in the period / COGS of the period

Current inventory + PO - Target COGS

What is inventory target)?

(Target sales per week - target GP) x (target stock days + transit days)/ 7 weekdays

Gross Margin with Extra % x 365 / (DOI + DSO)

Purchase authorization is needed for what?

Place WO to supplier

Place SO to supplier

Place PO to supplier

If Inventory plan < inventory target, do you need approval?

Yes

No

If Inventory plan < inventory target + 15%, do you need approval?

Yes

No

If Inventory plan > inventory target, do you need approval?

Yes

No

In which case PO is not allowed?

When the period of required stock and transit time exceeds the targeted period, increasing the cost of storage and inventory maintenance.

In case target is not set in IT4P for purchase >50k USD

In case target is not set in IT4P for purchase <50k USD

In case target is set in IT4P for purchase >50k USD

In case target is set in IT4P for purchase <50k USD

When the net margin with the extra is not sufficient to cover the cost of purchase and ensure an adequate profit margin.

In order to start business with new vendor, what is needed to be done ( multiple choices)?

Evaluate supplier

Sign contract with supplier

Gather required information

Organise transport

Pay cash in advance to supplier

Get approval according to the approval level

Sales Project pipeline is used in which cases ( multiple choices)?

Probability to win below 200% and value is above 25k usd

Probability to win below 100% and value is above 25k usd

Probability to win below 100% and value is above 20% of current inventory

Probability to win below 50% and value is above 20% of current inventory

What is mandatory for each active article?

To have a unique product identifier, such as a barcode or QR code, for easy tracking and scanning.

To set sales price

To have a product code or SKU assigned to the article for tracking and inventory management purposes.

To have a list of recommended or related products to cross-sell or upsell to customers.