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

ATO
ATP
ATR certificate
Attachment
Attractability efficiency
Buffer stock
Buffer zone
Build cycle
Build-to-order (BTO)
Contract pegging
Contract reporting
Contract warehouse
Contracts for the international sale of goods (CISG)
Contract target cost
Contribution
Contribution margin
Contribution margin pricing
Contribution relativities
Contributory negligence
Control
Control board
Control center
Control chart
Control decision
Controllable cost
Controlled access
Controlled issue
Controller
Control limit
Control number
Control phase
Control points
Control system
Controlled atmosphere containers
Differentiation strategy
Digital Capabilities Model (DCM) for Supply Networks
Digital cash or money
Digital contract management
Digital development
Expected receipt date
Expected value
Expedite
Expedite (optimize) outbound customer shipments
Forecast period
Foreign Corrupt Practices Act (FCPA)
Foreign/free trade zone (FTZ)
Foreign freight forwarder
Forensic procurement
Move Order
Move Signal
Move Ticket
Move Time
Moving Average
Moving Average Forecast
Production And Inventory Management
Production And Operations Management (POM)
Production Calendar
Production Capability
Production Card
Production Control
Production Cycle
Production Cycle Elements
Production Environment
Production Forecast
Production Kanban
Production Lead Time
Production Level
Production Leveling
Production Line
Production Lot
Production Management
Production Material
Robustness
ROE
Start Manufacture To Order Complete Manufacture
Start-To-Finish
Start-To-Start
Startup
Startup Audit
Startup Costs
Statement Of Cash Flows
Statement Of Work
Static Budget
Static Inventory Models
Statistical Control
Statistical Control Charts
Statistical Inventory Control
Statistical Order Point
Statistical Order Point System
Statistical Process Control (SPC)
Statistical Quality Control (SQC)
Statistical Safety Stock Calculations
Statistical Thinking
Statute Of Limitations
Steady State
Step Budget
Step-Function Scheduling
Stickering
Stochastic Model
Stock
Stockchase
Stock Code
Stock Dividend
Stock Keeping Unit (SKU)

     
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;