Preview Questions Inventory Controller | Role Specific Skill

Question 1: What is the importance of tracking shelf life for materials like adhesives, paints, and chemicals in construction?

Which action should you take?

Choose only one option

Expiry dates can be ignored if materials are stored properly

Shelf life only applies to equipment, not materials

These materials may expire, requiring careful management to avoid wastage or project delays

These materials are unaffected by shelf life

Question 2: What is the main advantage of maintaining a historical database of inventory data in construction projects?

Which action should you take?

Choose only one option

It adds complexity without providing actionable insights

It requires additional resources to maintain

It increases the volume of data without improving decision-making

It allows for trend analysis and better forecasting for future projects

Question 3: How does an inventory controller use historical data to optimize material procurement for future construction projects?

Which action should you take?

Choose only one option

By increasing the order frequency to maintain consistent inventory levels

By analyzing past usage trends to forecast demand and avoid stockouts

By relying on suppliers to recommend material quantities

By focusing only on the materials with the highest turnover rates

Question 4: Which is the primary metric used in a lean inventory system to reduce waste?

Which action should you take?

Choose only one option

Economic Order Quantity (EOQ)

Inventory turnover ratio

Stockout frequency

Lead time

Question 5: How can an Inventory Controller ensure the supplier's capacity to meet future demand in construction?

Which action should you take?

Choose only one option

By evaluating the supplier's financial stability

By assessing the supplier's inventory levels

By reviewing the supplier's historical performance

By negotiating flexible payment terms

Question 6: How do inventory management practices impact the cost of construction projects?

Which action should you take?

Choose only one option

It only impacts costs when the project is delayed

Poor management increases costs due to delays, overstocking, and urgent reordering

Inventory management has no direct impact on cost if the project is on schedule

Effective management always reduces project costs regardless of other factors