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

Advance ship notice (ASN)
Advantage
Aesthetics
A-frame automated picking
Affinity diagram
Affirmative action
Aftermarket
After-sale service
Big Q, little q
Bilateral contract
Bill-back
Billing and collection costs
Bill of activities
Bill of batches
C chart
CCOR
CCR
Cell
Cellular layout
Cellular manufacturing
Center-of-gravity approach
Delay reporting
Delinquent order
Deliver
Deliverable
Delivery appointment
Delivery cycle
EMC
Emerging practice
Emissions credit
Empathy
Empirical
Employee assistance program (EAP)
Employee empowerment
Finite scheduling
Firewall
Firm fixed-price contract
Firm master production schedule
Firm offer
Firm planned order (FPO)
First-article inspection
Gross profit margin
Gross profit margin rate
Gross requirement
Gross sales
Gross weight
hypertext links
Information
Information data warehouse
Information data warehouse
Information flow profile
Information system
Information system architecture
Information technology (IT)
Information visibility
Lightless Plant
LIMIT
Limited Access
Limited Liability Company
Limited Life Material
Limited Partnership
Marketing Mix
Marketing Research
Marketing Strategy
Market Penetration
Market Plan
Numerical Control (NC)
Operation Setback Chart
Operations Finite Loading
Operation Sheet
Operations Management
Operations Plan
Operations Planning
Percent Of Fill
Percent Recycled Waste
Percent Value-Added Time
Perfect Order
Perfect Order Fulfillment
Performance
Remote Diagnostics
Reneging
Reorder Cycle
Reorder Point (ROP)
Reorder Quantity
Repairables
Scrap Factor
Scrap Rate
S-Curve
SDS
Search Models
Times Interest Earned
Time Stamping
Time Standard
Time Study
Timetables
Time Ticket
Time-To-Market
Voice-Based Picking
World-Class Quality

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;