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

Alpha release
Alternate feedstock
Alternate operation
Alternate part
Alternate routing
Alternate work center
American Customer Satisfaction Index
American National Standards Institute (ANSI)
Black box design
Blank check purchase order
Blanket rate
Blanket release
Blanket routing
Bleeding edge
Blemish
Blend formula
Certified in Integrated Resource Management (CIRM)
Certified in Planning and Inventory Management (CPIM)
Certified in Production and Inventory Management (CPIM)
Certified Purchasing Manager
Certified supplier
Certified Supply Chain Professional (CSCP
Demand management process
Demand manager
Demand planning
Demand pull
Demand rate
Enterprise resource portal
Entitlement
Entrepreneur
Environmental management system (EMS)
Environmentally responsible business
Environmentally responsible manufacturing
Environmentally responsible purchasing
Fixed order quantity system
Fixed overhead
Fixed-period quantity
Fixed-period requirements
Fixed-position layout
Groupthink
Integrated services digital network (ISDN)
Integrating mechanism
Intellectual property
Intelligent agent
Intelligent supply
Intelligent supply analytics
Local Measures
Local Rate
Locational Determinants
Location Audit
Location Grid
Location Tag
Locator File
Locator System
Master Service Agreement
Match Capacity Strategy
Material Analyst
Material Class
Material Constraint
Material Control
Material Definition
Order Entry Complete To Start Manufacture
Order Fill Rate
Order-Fill Ratio
Order Fulfillment Cycle Time
Order Fulfillment Lead Time
Ordering Cost
Order Interval
Physical Inventory
Physical Supply
Pick And Place
Pick Date
Picker-To-Part System
Picking
Picking List
Research And Development (R&D)
Resellers
Reservation
Reserve
Reserved Material
Reserve Stock
Residence Time
Semiworks
Send Ahead
Sensei
Sensitivity Analysis
Sensors
Total Cost Curve
Total Cost Of Ownership (TCO)
Total Cost Of Quality
Total Cost Of Quality Curve
Total Costs
Total Cost To Serve
Total Cumulative Manufacturing Cycle Time
Total Employee Involvement (TEI)
Total Factor Productivity
Total Fixed Costs
Total Float
Total Lead Time
Total Line-Haul Cost
Total Make Cycle Time
Total Preventive Maintenance

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;