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

Attractor
Attribute
Attribute data
Attribute inspection
Build-up forecasts
Bulk cargo ship
Bulk vessel
Bulk packing
Bulk storage
Convergent point
Conversion efficiency
Convertible security
Conveyance
Conveyor
ConWip
Cooperative training
Co-product
Core competencies
Core process
Core team
Corporate culture
Corporate purchasing cards
Corporate social responsibility (CSR)
Corrective action
Corrective maintenance
Correlated demands
Correlation
Correlation coefficient
Cost accounting
Cost allocation
Cost analysis
Cost-based contract
Digital packaging on demand
Digital supply chain
Digital twin
Dimensions of quality
Expedited logistics
Expeditor
Expendables
Expense
Expensed stocks
Formal culture
Format
Form-fit-function
Formula
MPC
MPS
MRB
MRO
Production Materials Requisition
Production Network
Production Order
Production Part Approval Process (PPAP)
Production Plan
Production Planning
Production Planning And Control Strategies
Production Planning Methods
Production Process
Production Rate
Production Release
Production Report
Production Reporting And Status Control
Production Schedule
Production Scheduling
Production Sharing
Production Standard
Production System
Production Time
Production Validation
Productive Capacity
Productive Inventory
Productivity
Product Layout
Product Life Cycle
Product Life Cycle Management (PLM)
Product Life Cycle Operations Reference (PLCOR)
Product Line
Product Load Profile
Product Manager
Rolling Wave Planning
Roll-On/Roll-Off Container Ship
Stockless Production
Stockless Purchasing
Stock Number
Stock Order
Stockout
Stockout Alert
Stockout Costs
Stockout Percentage
Stockout Probability
Stockpoint
Stock Record Card
Stock Split
Stock Status
Stop Sequence
Stop Work Order
Storage
Storage Costs
Store
Stores
Stores Issue Orders
Stores Ledger Card
Stores Requisition
Stowability
     
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;