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
Automatic rescheduling
Automation
Autonomation
Autonomous delivery
Autonomous supply chain planning
Autonomous work group
Auxiliary item
Availability
Business strategy
Business-to-business e-commerce (B2B)
Business-to-consumer e-sales (B2C)
Business unit
Buyer
Buyer behavior
Customer acquisition
Customer-as-participant
Customer-as-product
Customer centricity
Customer chain operations reference (CCOR)
Customer contact centers
Customer convergence
Customer coproduction
Customer data line of responsibility
Customer defection analysis
Customer-defined attributes
Customer driven
Customer facing
Customer fulfilment center (CFC)
Customer-managed inventory
Distribution inventory
Distribution network structure
Distribution of forecast errors
Distribution planner
Distribution planning
Distribution requirements planning (DRP)
Distribution resource planning (DRP II)
Distribution system
Distributor
Divergent point
Diversification strategy
Dividend
Dividend yield
DMAIC
DMAIC process
DNC
Dock receipt
Dock-to-stock
Dock-to-stock inventory
Extended enterprise
Extended producer responsibility
Extensible markup language (XML)
External customer
External environment
Freight claim
Freight collect
Freight consolidation
Freight equalization
Freight forwarder
Freight rate
Freight settlement
Frequency distribution
Frequency of repair
Frequently asked questions (FAQs)
Frictionless ordering
Fringe benefits
Front room
Frozen master production schedule
Frozen zone
FRT
FTC
FTL
Guarantee
ISO 73
ISO 9000
ISO 9000:2000
Lower Control Limit (LCL)
Multimodal Solutions
Multinational Corporation
Overhead Pool
Overissue
Protective Packaging
Protocol
Prototype
Prototyping
Provisioning
Proxy
PRT
Psychographics
Public Key
Routing Sheet
Run
Run Chart
Supply Chain Mastery
Supply Chain Network Design Systems
Supply Chain Operations Reference (SCOR) Model
Supply Chain Planning
Supply Chain Resilience
Supply Chain Risk
Supply Chain Stress Testing
Supply Chain Visibility
Supply Offset
Trust
TS 16949
Turnaround Costs
Turnaround Time
Turnkey System
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;