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

Activity dictionary
Activity driver
Activity duration
Activity identifier
Activity level
Batch
Batch bill of materials
Batch card
Batch formula
Batch manufacturing
Carcass
Carcass disassembly
Carcass prepositioning
Cargo
Cargo container capacity
Decision theory
Decision tree
Decision variables
Declared value
Declining practice
Efficiency variance
Efficient consumer response (ECR)
Efficient operations support
Efficient transportation operations
Efficient warehouse operations
Field
Field finished goods
Field service
Field service parts
Field warehouse
Goodness of fit
Goodwill
Government market
GPS
Grades
HTS
Hub
Hub-and-spoke system
Human capital management (HCM)
Human factors engineering
Incremental utilization heuristic
Indented bill of material
Indented tracking
Indented where used
Independent action
Lean Production
Lean Six Sigma
Learning Curve
Learning Management System
Learning Organization
Manufacturing Order
Manufacturing Order Reporting
Manufacturing Philosophy
Manufacturing Planning And Control System (MPC)
Manufacturing Process
Nominal Interest Rate
Nominal Trading Partner
Nomogram
Nonconforming Material
Nonconformity
Open Period
Open System Architecture
Open-To-Buy
Open-To-Receive
Operating Assets
Parts List
Parts Planner
Parts Requisition
Part Standardization
Part-To-Picker System
Record Accuracy
Recovery
Recovery Time
Recycle
Red Bead Experiment
Schedule Board
Schedule Chart
Schedule Control
Scheduled Downtime
Scheduled Finish Date
Third-Order Smoothing
Third-Party Logistics (3PL)
Third-Party Logistics Company
Third-Party Registration System
Third-Party Transportation Services
Usage Variance
Use As Is
User-Friendly
User Interface
USL
Utilization
Vertical Marketing
Vertical Marketing System
Vertical Marketplace
Vertical Merger
Vestibule Training
Work Center
Work Center Schedule
Work Center Where-Used
Worker Efficiency
Worker Productivity

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;