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

AOA
AON
AOQ
AOQL
APICS
APP
Apparentauthorit
Application package
Bond (performance)
Bonded warehouse
Booked orders
Bookings
Book inventory
Claim
Classification
Classification of defects
Clean Air Act (CAA)
Clean technology
Clean Water Act (CWA)
Cleanup
Clearinghouse
Clerical/administration
Clicks and mortar
Clickstream
Client
Client/server system
CLIN
Clock card
Closed-loop feedback system
Closed-loop MRP
Closed-loop systems
Closed period
Depletion
Deployment planning and scheduling
Deposition
Depreciation
Depreciation of a currency
ERP
ES
Escalation
ESI
ESOP
E-sourcing
Estimate at completion (EAC)
Flextime
Float
Floating inventory location system
Floating order point
Floating storage location
GTS
Internet operations
Internet service provider (ISP)
Interoperation time
Interplant demand
Interplant transfer
Interpolation
Interrelationship digraph
Interrogate
Interrupt
Interstate commerce
Interstate Commerce Commission (ICC)
Intranet
In-transit inventory
In-transit lead time
Intrastate commerce
Lot Number Traceability
Lot Operation Cycle Time
Lot Size
Material Usage Variance
Material Yield
Materiel
Mathematical Programming
Matrix
Matrix Bill Of Material
Matrix Diagram
Matrix Organizational Structure
Maverick Spending
Maximum Allowable Cost
Maximum Inventory
Order Reporting
Order Scheduling
Order Selection
Order Service
Order Shipment
Order To Cash Cycle
Order-To-Delivery Cycle
Order Transmittal
Order-Up-To Level
Order Winners
Organizational Breakdown Structure
Plan Deliver
Plan-Do-Check-Act Cycle
Plan-Do-Check-Action (PDCA)
Plan For Every Part (PFEP)
Response Time
Responsibility Assignment Matrix (RAM)
Responsible Landfill
Responsible Procurement
Responsiveness
Service Parts Demand
Service Parts Revenue
Service Phases
Service Positioning
Service Rate
Tracking Capacity Strategy
Tracking Signal
Trade Bloc
Trade Secret
Trading Bloc

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;