What importance do you feel that zero-based budgeting plays in supply chain management?

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1st Answer Example
2nd Answer Example

Since becoming one of the hottest trends in supply chain management, zero-based budgeting is a very foreign concept to a lot of businesses and industries. For the clients of GHD Group, it is important for you to understand that this tactic will for for many, but not for all. Prior to your interview, make sure that you can speak knowledgeably about the concept of zero-based budgeting and research the topic if you need. Explain to your interviewer where you feel this will be appropriate in your work as a consultant with them.

"In my experience, zero-based budgeting is most appropriate to implement with organizations that are in need of a cultural shift from that of freely spending and wasting to one that runs a pretty tight ship. When I have seen it be effective, organization were forced to find alternate means of success when the front-line leaders had buy-in into the process of the philosophy. In my time, I've trained several organizations on the tactic and helped them implement a zero-based budget from scratch."

"Zero-based budgeting has its place in the supply chain world for sure. With my current organization, we were in a dire need for both sales and revenue growth and this program really helped turn us around in year one of running it. To make sure that the program was successful, we put our entire leadership team through some very focused training that I was a part of creating. I'd look forward to bringing what I learned there to the clients here at GHD Group."

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How to Answer: What importance do you feel that zero-based budgeting plays in supply chain management?

Advice and answer examples written specifically for a GHD Group job interview.

3. What importance do you feel that zero-based budgeting plays in supply chain management?

How to Answer

Since becoming one of the hottest trends in supply chain management, zero-based budgeting is a very foreign concept to a lot of businesses and industries. For the clients of GHD Group, it is important for you to understand that this tactic will for for many, but not for all. Prior to your interview, make sure that you can speak knowledgeably about the concept of zero-based budgeting and research the topic if you need. Explain to your interviewer where you feel this will be appropriate in your work as a consultant with them.

Written by Ryan Brunner on August 29th, 2019

1st Answer Example

"In my experience, zero-based budgeting is most appropriate to implement with organizations that are in need of a cultural shift from that of freely spending and wasting to one that runs a pretty tight ship. When I have seen it be effective, organization were forced to find alternate means of success when the front-line leaders had buy-in into the process of the philosophy. In my time, I've trained several organizations on the tactic and helped them implement a zero-based budget from scratch."

Written by Ryan Brunner on August 29th, 2019

2nd Answer Example

"Zero-based budgeting has its place in the supply chain world for sure. With my current organization, we were in a dire need for both sales and revenue growth and this program really helped turn us around in year one of running it. To make sure that the program was successful, we put our entire leadership team through some very focused training that I was a part of creating. I'd look forward to bringing what I learned there to the clients here at GHD Group."

Next Question