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.
After-sale service
Agent
Agglomeration
Aggregate demand
Aggregate forecast
Aggregate inventory
Aggregate inventory management
Bill of capacity
Bill of distribution
Bill of exchange payment
Bill of labor
Bill of lading (house) (B/L)
Bill of lading (international) (B/L
Centralized authority
Centralized computer network
Centralized dispatching
Centralized inventory control
Center-of-gravity models
Centralized marketing system
Centralized purchasing
Delivery lead time
Delivery performance to customer commit date
Delivery policy
Delivery reliability
Delivery retail cycle time
Employee involvement (EI)
Employee stock ownership plan (ESOP)
Empowerment
Enable process
Encryption
Ending inventory
First-come-first-served rule
First expiry first out (FEFO)
First in, first out (FIFO)
First-order smoothing
First pass yield
First-piece inspection
Group classification code
Group decision support system (GDSS)
Grouping
Group layout
Group replacement
Hypertext markup language (HTML)
Infrastructural elements
Ingredient
Initial public offering (IPO)
Innovation risk
Innovative products
In-process inventory
Limiting Operation
Line
Linear Decision Rules
Linearity
Linear Layout
Linear Production
Linear Programming
Linear Regression
Linear Trend Forecasting
Market Planning
Market-Positioned Strategy
Market-Positioned Warehouse
Market Potential Lead Time
Market Reach
Market Research
Market Segment
NVOCC
Operation Splitting
Operations Process Chart
Operations Research
Operations Scheduling
Operations Sequence
Operations Sequence Analysis
Operations Sequencing
Operations Strategy
Performance And Event Management Systems
Performance Appraisal
Performance Benchmarking
Performance Criterion
Performance Efficiency
Performance Measure
Performance Measurement
Performance Measurement Baseline
Performance Measurement System
Performance Measurement Units
Repair Bill Of Material
Repair Factor
Repair Order
Repair Parts
Repair Parts Demand
Repeatability Of Measurement
Seasonal Adjustment
Seasonal Component
Seasonal Harmonics
Seasonal Index
Seasonal Inventory
Seasonality
Seasonal Stock
Time-To-Product
Time To Reliably Replenish (TRR)
Time Utility
Time Value Of Money
Tipping Point
Voice Of The Customer (VOC)
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;