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

American Society for Quality (ASQ)
American Standard Code for Information Interchange (ASCII)
Amortization
Analog
Analysis of variance (ANOVA)
Analytics
Analytic workplace design
Analyze phase
Andon
Blending
Blending department
Blend of
Blend order
Blockage
Blockchain
Block control
Block diagram
Blocked operation
Ceteris paribus
CFE
CFPIM
Chain of custody and integrity
Chain of customers
Chain reaction
Champion
Chance variation
Change agent
Change control
Change management
Change order
Changeover
Changeover costs
Changeover flexibility
Change request
Demand risk
Demand segmentation
Demand shaping
Demand shifting
Demand-side analysis
Demand time fence (DTF)
Demand uncertainty
Demand visibility
Deming circle
Deming Prize
Deming’s 14 Points
Environmentally sensitive engineering
Environmental Protection Agency (EPA)
Environmental scanning
EOQ
EOQ = 1
EOQ tables
EPA
EPC
EPM
E-procurement
Equipped boxcar
Fixed-position manufacturing
Fixed-price contract
Fixed-price incentive fee contract
Fixed property
Fixed reorder cycle inventory model
Fixed reorder quantity inventory model
Fixture
Flag of convenience
Flatbed
Growth trajectory
Interactive computer system
Interactive customer care
Interactive scheduling
Interactive system
Interarrival time
Interest
Interest rate
Interleaving
Intermediately positioned strategy
Intermediately positioned warehouse
Intermediate part
Intermittent production
Logbook
Logical Relationship
Logistics
Logistics Channel
Logistics Data Interchange (LDI)
Logistics Management
Logistics Social Responsibility
Logistics Strategy
Logistics System
Log Normal Distribution
Material-Dominated Scheduling (MDS)
Material Flexibility
Material Index
Material List
Material Lot
Material Planner
Material Planning
Material Receipt Inspection
Material Release
Material Requirements Plan
Material Requirements Planning (MRP)
Order Level System
Order Losers
Order Management
Order Multiples
Pick On Receipt
Pick-To-Light
Pick-To-Trailer
Residual Income
Residual Inventory
Resiliency
Resource
Separable Cost
Sequencing
Sequential
Sequential Development Process
Sequential-Sampling Plan
Total Procurement Lead Time
Total Productive Maintenance (TPM)
Total Quality Control (TQC)
Total Quality Engineering (TQE)
Total Quality Management (TQM)


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;