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

Assembly parts list
Asset management efficiency
Asset recovery
Asset turnover
Assets
Breeder bill of material
Bribes
Bricks and mortar
Broadband
Broadcast system
Configuration control
Configuration management
Configuration system
Configurator
Configure-to-order (CTO)
Confirming order
Confiscation
Conflict minerals
Conflict of interest
Conformance
Conformance perspective
Connected customer
Connected field service
Connectivity
Consideration
Consigned stocks
Consignee
Consignment
Consignment inventory
Design simplification
Design-to-order (DTO)
Destructive testing
Detailed planning and control
Detailed scheduling
Executive information system
Executive sales and operations planning (executive S&OP)
Executive sponsor
Exemplar
Exempt
Focus group
Focus strategy
Follow-up
Force field analysis
Modal Split
Mode
Model
Model Number
Modes Of Transportation
Modification Flexibility
Principal
Principle Of Postponement
Prioritization Matrix
Priority
Priority Control
Priority Planning
Priority Report
Priority Rules
Private Brand
Private Carrier
Private Key
Private Label
Private Ownership
Private Trading Exchange (PTX)
Private Warehouse
Proactive
Probabilistic Demand Models
Probability 
Probability And Impact Matrix
Probability Distribution
Probability Tree
Probable Scheduling
Problem-Solving Storyboard
Procedure Manual
Process
Process Average
Process Batch
Process Benchmarking
Process Capability
Process Capability Analysis
Process Capability Index
Process Chart
Process Control
Short-Term Planning
Shrinkage
Shrinkage Factor
Shrinkage Rate
SIC
Sigma
Signed Message
Significant Part Number
Significant Variances
Silo Effect
Simple Interest
Simple Moving Average
Simple Regression
Simplex Algorithm
Simplex Method
Simplification
Simulation
Simultaneous Design/Engineering
Simultaneous Engineering
Single-Card Kanban System
Single-Channel, Single-Phase System
Single-Digit Setup (SDS)
Single Exponential Smoothing
Single-Factor Productivity
Single Integrator Solution
Single-Level Backflush
Single-Level Bill Of Material
Single-Level Where-Used
Single-Minute Exchange Of Die (SMED
Single-Period Inventory Models
Single-Sampling Plan
Single Smoothing

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;