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
Available capacity
Available inventory
Available time
Available-to-promise (ATP)
Available work
Average chart
Average collection period
Buyer code
Buyer cycle
Customer order
Customer order cycle time
Customer/order fulfillment process
Customer order promising
Customer order servicing system
Customer partner
Customer partnership
Customer profitability
Customer relationship management (CRM)
Customer relations management (CRM)
Customer satisfaction
Customer segmentation
Customer service
Customer service level
Dock-to-stock time
Dodge-Romig tables
Document management system
Documentation accuracy
DOE
Double-sampling plan
Double smoothing
Downgrade
Downside adaptability
Downside supply chain adaptability
Downstream
Downstream operation
Downtime
Draf
Drawback
Drayage
Driver
Drop ship
Drop shipment
DRP
DRP II
External factory
External failure costs
Externality
FTP
Full-Baldrige approach
Full-container load (FCL)
Full cost pricing
Full pegging
Full truckload (FTL)
Fully qualified domain name
Functional benchmarking
Functionality
GUI
ISO certification/registration
Isolation
ISO/TS 16949
ISP
Lower Specification Limit (LSL)
Low-Level Code
LS
LSL
Multinational Strategy
Multiple-Channel Queuing System
Multiple-Item Lot-Sizing Models
Multiple-Phase Queuing System
Multiple Regression Models
Overlapped Production
Overlapped Schedule
Overlap Quantity
Publicly Traded Corporation
Public Ownership
Public-Private Partnering
Public Warehouse
Pull Signal
Pull System
Pull-Through Distributions
Punitive Damages
Pup
Purchase Consolidation
Purchased Part
Purchase Order
Purchase Price Discount
Purchase Price Variance
Run Diagram
Running Sum Of Forecast Errors
Supply Rate
Supply Uncertainty
Support Costs
Support Functions
Surge Capacity
Surge Tank
Surplus
Surrogate Driver
Survey Research
Sustainability
Sustaining Activity
SWOT
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;
