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.
Activity-based costing system
Activity-based management (ABM)
Activity-based planning (ABP)
Activity code
Activity definition
Baseload demand
Base stock system
Basic producer
Basic seven tools of quality (B7)
Basic stock
Capital recovery
Capital structure
CAPP
Carbon emissions
Carbon footprint
Decisions under risk
Decisions under uncertainty
Decision-support data
Decision support system (DSS)
Decision table
Effective date
Effective interest rate
Effectivity
Effectivity date
Efficiency
Feeder workstations
Feedstock
FEFO
FEU
Fiduciary
GNP
Going concern value
Gondola freight car
Go/no-go
Good
Hoshin kanri
Hoshin planning
Host computer
Housekeeping
House of quality (HOQ)
In-control process
Incoterms
Incremental analysis
Incremental available-to-promise
Incremental cost
Lead-Time Scheduling
Lean
Lean Enterprise
Lean Manufacturing
Lean Metric
Manufacturing Environment
Manufacturing Execution Systems (MES)
Manufacturing Instruction
Manufacturing Layout Strategies
Manufacturing Lead Time
NLRB
Node
Noise
Nominal Capacity
Nominal Group Technique
Open Account Payment
Open-End Purchase Order
Open Master Production Schedule
Open Office
Open Order
Partnership
Part Number
Part Period Balancing (PPB)
Part Record
Parts Bank
Quick Response Manufacturing
Quick-Response Program (QRP)
Quotation
Quotation Expiration Date
Receiving Report
Recency, Frequency, Monetary (RFM)
Reconciling Inventory
Reconsignment
Record
SCEM
Scenario Forecasts
Scenario Planning
Schedule
Schedule Activity
Theoretical Capacity
Theoretical Cycle Time
Theory Of Constraints (TOC)
Theory Of Constraints (TOC) Accounting
Therbligs
Upside Supply Chain Flexibility
Upstream
URL
Usage
Usage Rate
Venture Team
Vertical Dependency
Vertical Display
Vertical Integration
Vertically Integrated Firm
Withdrawal Kanban
WMS
Workaround
Work Breakdown Structure
Work Cell
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;