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
3D printing
Acidification
Algorithm
Anthropogenic emission
Assumptions
Balanced scorecard
Big data
Biodiversity
Biological nutrient
Business case
Business drivers
Carbon footprint
Chain of custody
Channel fill characterisation
Chatbots
Circular economy
Creating shared value
Cross-functional involvement
Cultural silos
Dashboard
Data
Data integration
Data integrity
Decision tree
Deming cycle or PDCA cycle
Dependence structure
Dependent variable
Design for disassembly
Diminishing returns
Downcycling
E-auction
E-catalogue
E-procurement
E-sourcing
Eco-design
Eco-efficiency
Eco-label
Ecological rucksack
Embodied carbon
Embodied energy
Employee engagement
‘End of the pipe’ pollution prevention
Environmental aspect
Environmental objective
Environmental policy
Eutrophication
Extensible markup language (XML)
Fast capitalism
Forward commitment procurement
Functional unit
Green procurement
Greenhouse effect
Greenwash
Hidden layers
Horizontal integration
Independent (or explanatory) variable
Industrial symbioses (IS)
Innovation council
Interested party
ISO 14001 environmental management system standard
Just in time (JIT)
Kanban
Knowledge engineering
Lean process
Life cycle assessment (LCA)
Life cycle inventory (LCI)
Manufacturing cell
Material requirements planning (MRP)
Metadata
Modular design
Neural networks
Nodes
Non-conformity
Normalisation
Open-loop feedback
Organisational learning
Outcomes-based procurement
Outsourcing
Over-the-wall engineering
Ozone layer
Pareto analysis
Participatory innovation
Peak oil
Performance appraisal
Performance management
Persistent bio accumulative toxic (PBT) chemicals
Product service system (PSS)
Proprietary technology
Purchase to pay (P2P)
Radio frequency identification (RFID)
Recycling
Restrictive covenant
Reuse
Right-sizing
Sensitivity analysis
Share of wallet
Should cost analysis
Simultaneous (concurrent) engineering
Six sigma
Smart goals
Smart mereting
Social proof
Sourcing events
Spend intelligence
Statistic
Stock ticker data
Structured data
Super profits
Supply chain integration
Sustainable procurement
System boundary
System approach
Tail poppy syndrome
Technical nutrient
Touchpoint
Traceability
Unstructured data
Upcycling
Vertical integration
Weighting
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;