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 level
Activity-on-arc network
Activity-on-arrow network (AOA)
Activity-on-node network (AON)
Activity ratio
Activity resource estimating
Batch number
Batch picking
Batch processing
Batch production
Batch sensitivity factor
Batch-size reduction
Cargo ships
Carload lot 
Carnet
Carousel
Carrier
Carrying cost
Decomposition
Decoupled explosion
Decoupled lead time
Decoupling
Decoupling inventory
Effort/impact matrix
E-form
EFT
EI
EIPP
Elasticity of demand (supply)
FIFO
File
File structure
File transfer protocol (FTP)
Fill rate
Final assembly
Grandfather clause
Graphical evaluation and review technique (GERT)
Graphical forecasting methods
Graphical user interface (GUI)
Gravity models
Human-machine interface
Human resources
Human resource management (HRM) system
Human resource utilization
Hundredweight (cwt)
Independent demand
Independent demand item management models
Independent float
Independent project
Independent trading exchange
Index
Indicator
Lease
Least Changeover Cost
Least-Squares Method
Least Total Cost
Least Unit Cost
Leg
Legacy Systems
Manufacturing Process Development
Manufacturing Progress Curve
Manufacturing Ramp-Up
Manufacturing Release
Manufacturing Representative
Manufacturing Resource Planning (MRP II)
Noncurrent Assets
Nondurable Goods
Nonevident Failure
Nonexempt Employee
Nonexempt Positions
Operating Characteristic Curve (OC curve)
Operating Cycle
Operating Decision
Operating Efficiency
Operating Environment
Operating Expense
Part Type
Passenger-Mile
Passive Data Gathering
Passive Tag
Past Due Order
Red Zone
Redundancy
Redundant Component
Reference Capacity Model
Refurbished Goods
Scheduled Load
Scheduled Receipt
Scheduled Start Date
Schedule Harmony
Schedule Performance Index (SPI)
Third-Party Warehousing
Thomas Register Or Thomasnet®
Three-Bin Kanban
Three-Point Estimate
Threshold Costs
Throughput
Viral Marketing
Virtual Cell
Virtual Corporation
Virtual Factory
Virtual Inventory System
Virtual Organization
Workers’ Compensation
Working Capital
Working Stock
Work In Process (WIP)
Workload

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;