Preview Questions Inventory Controller | Role Specific Skill

Question 1: What role does supplier performance evaluation play in the long-term management of inventory in a construction project?

Which action should you take?

Choose only one option

It focuses only on delivery times without considering quality

It increases the supplier's prices over time

It helps reduce communication with suppliers

It helps identify reliable suppliers, improve relationships, and ensure timely deliveries

Question 2: What is the best way to handle backorders in the construction industry when tracking orders?

Which action should you take?

Choose only one option

Hold the backordered items until fully stocked

Ship partial orders and inform the customer

Update customer with expected delivery dates

Cancel all backorders and issue refunds

Question 3: What should be considered when determining the economic order quantity (EOQ) in construction stock control?

Which action should you take?

Choose only one option

Warehouse space and material handling costs

Material type and storage requirements

Purchase order frequency

Material lead time and demand variation

Question 4: How can an Inventory Controller ensure that data integrity is maintained when managing large datasets?

Which action should you take?

Choose only one option

By using multiple data entry systems

By validating data through checks and balances

By storing all data in one central system

By relying on manual data entry

Question 5: What role does predictive analytics play in improving inventory management for construction?

Which action should you take?

Choose only one option

It focuses only on past usage data without forecasting future needs

It removes the need for data input and analysis

It helps forecast demand for materials, reducing the risk of stockouts or overstocking

It speeds up the process of generating reports without improving accuracy

Question 6: What impact does having too much inventory have on a construction project?

Which action should you take?

Choose only one option

It improves project efficiency by ensuring materials are available

It reduces procurement costs by buying in bulk

It increases storage costs and may lead to material degradation or obsolescence

It has no impact on project efficiency or cost