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 Procurement Terminologies

ABC frequency of access
Abnormal demand
ABP
Backhauling
Backlog
Backorder
Backroom
Backorder
CAIT
Calculated capacity
Calculated usage
Calendar time
Calendar unit
Database
Database management system (DBMS)
Data cleansing
Data collection
Data communications
Earliness
Early finish date (EF)
Early manufacturing involvement
Early start date (ES)
Early supplier involvement (ESI)
Fabrication level
Fabrication order
Fabricator
Facilitating products
Facilities
Gantt chart
Gap analysis
Gapped schedule
Gap phasing
Gate review
Harmonic smoothing
Harmonized system classification codes
Harmonized Tariff Schedule (HTS)
Hash total
Hawthorne effect
Idle capacity
Idle inventory
Idle time
IFB
IFRS
JIT master schedule
JIT supplier environment
Job
Job analysis
Jobbing
Keiretsu
Key performance indicator (KPI)
Key points
Key success factors
Key supply chain processes
Labor Efficiency
Labor Efficiency Variance
Labor Grade
Labor-Intensive
Labor Productivity
Machine Hours
Machine-Limited Capacity
Machine Loading
Machine Productivity
Machine Utilization
National Labor Relations Board (NLRB)
National Stock Number (NSN)
Natural Variations
NC
Near-Critical Activity
Obsolescence
Obsolete Inventory
Occupational Safety and Health Act (OSHA)
Occurrence Factor
OC Curve
Packaging
Packing And Marking
Packing List
Packing Slip
Pack-Out Department
QS 9000
Qualifiers
Qualitative Forecasting Techniques
Quality
Quality, Cost, Delivery (QCD)
Radio Frequency Identification (RFID)
Rail Gauge
Rail Waybill
RAM
Ramp Rate
Safety Factor
Safety Lead Time
Safety Stock
Safety Time
Salable Goods
Taguchi Methodology
Taguchi Methods
Takt Time
Tampering
Tangibles
Unattainable Capability
Uncertainty
Uncontrollable Factors
Under-Capacity Scheduling
Undertime
Value-Added Productivity Per Employee
Value-Adding/Non-Value-Adding
Value Analysis
VAR
Value-Based Management (VBM)
Wall-To-Wall Inventory
WAN
Wand
Wandering Bottleneck
Warehouse
XML
Yield Management
YMS
Zero Inventories
Zone

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;