Fhyzics brought out this series of articles on supply chain terminologies to help the supply chain aspirants better prepare for supply chain and procurement job interviews. Each article will contain a set of terminologies in one of the supply chain or procurement sub-domains and are equally applicable to all industries.
Fhyzics Business Consultants Pvt. Ltd. – a boutique business consulting firm specialising in supply chain management, procurement, business analysis and new product development. Fhyzics offers consulting, certifications, and civil services training and conducts conferences. Fhyzics represents the Association of Supply Chain Management (ASCM/APICS), USA; Chartered Institute of Procurement and Supply (CIPS), UK; EEP of International Institute of Business Analysis, IIBA, Canada; REP of International Requirements Engineering Board, IREB, Germany; Indian Affiliate of Product Development and Management Association, PDMA, USA.
Top supply chain and operations Terminologies
Activity-based costing (ABC)
Activity-based management
Automatic identification and data capture
Available to promise
Bar code
Business strategy
Capacity
Capacity constraints
Constraint
Consumable
Control
Corporate strategy
Cost advantage
Cost to serve
Customer service
Data warehouse
Demand management
Dependent demand
Distribution center (DC)
Distribution channel
Durable
E-fulfillment
EDI
ERP
Extended producer responsibility (ERP)
Finite loading
Forecast
Hard pegging
Hybrid
Incoterms
Independent demand
Infinite loading
Integrated logistics
Inventory
Inventory management
Item
Lean
Loading
Logistics control
Master production schedule
Material handling
Materials management
Materials requirements planning
Monitoring
Multi-modal transportation
Omni-channel
Order tracking system
Pareto
Peg record
Pegging
Pick list
Picker
Picking
Pipeline inventory
Planning
Pull distribution
Radio frequency
Radio frequency identification
Re-order point
Return policy
Reverse logistics
Sales and operations planning (S&OP)
Sequencing
Service life-cycle management
Six sigma
Soft pegging
Stock keeping unit (SKU)
Supply chain
Supply chain event management
Theory of constraints (TOC)
Third-party logistics provider
Time series
Transportation management system
Value advantage
Value chain
Vehicle routing problem
Vendor managed inventory
Warehouse management system
Warehouses
Warehousing
Waste electronics and electricals equipment (WEEE)
Work Centre
The fifty questions presented above will help the following supply chain job interviews. Demand Planner; Production Planner; Supply Planner; Supply Chain Analyst; Supply Chain Head; Inventory Controller; Materials Planner; VP Supply Chain; Warehouse Executive; Warehouse Manager; Inventory Analyst; Master Planner; Master Scheduler; Materials Manager; Category Manager; Commodity Manager; Procurement Specialist; Purchasing Manager; Sourcing Manager; Operations Manager; Operations Director; Production Manager; Production Scheduler; Logistics Coordinator; Logistics Manager; Transportation Analyst; Inventory Manager; Director of Supply Chain; Consultant; Buyer Planner; Logistics Resource Planner; Load Planner; Quality Manager; Production Supervisor; Production Operative; Strategic Sourcing Manager; Purchasing and Inventory Clerk; Logistics Administrator; Reverse Logistics Manager; Transport Administrator; Supply Chain Solution Design Analyst; Warehouse Clerk; Production Clerk; Production Technician; Inventory Associate; Export Manager; Capacity Manager; Manufacturing Manager; Plant Manager; VP of Operations; VP of Manufacturing; Supply Clerk; Replenishment Manager; Director of Procurement; Purchasing Agent; Vendor Manager; Fulfillment Associate; Route Manager; Import Manager; Distribution Manager; Director of Transportation; Operations Assistant; Quality Technician; Business Process Analyst; Quality Assurance Engineer; Continuous Improvement Manager; Planning Engineer; Lean, Six Sigma Specialist; SAP Consultant; Import Export Executive; Supply Network Specialist; Material Availability Analyst; Team Manager SCM; SCM Trainer; Sr. Specialist Supply Chain Logistics Management; Sustainable Supply Chain Specialist; Supply Chain Planner; Manager Supply Chain Management Analytics; Procurement Lead; Manager Store; Procurement Professional; Logistics Specialist; Global Delivery Manager; Sourcing Support Specialist; Category Head; Regional Logistics Incharge; Dispatch Incharge; Digital Transformation Leader for Supply Chain; Field Delivery Executive; Indirect Procurement Officer; DC Manager; Regional Procurement Lead; Yard Supervisor; Principal Buyer; Procurement HR; Fleet Coordinator; Supplier Developer; Vendor Consultant; Transportation Analyst; Manager Hub Operations; Supply Chain Planning System Manager;