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Recruiter's Glossary

Examples: EOQ • Supply Chain Analytics • Traceability

Supply Chain Management Terms

Understanding these terms will help you better evaluate candidates and communicate with hiring managers

Purchase Order

Pipeline Inventory

Carrying Cost

Inventory Turnover

Cold Chain

Demand Sensing

VMI

Perpetual Inventory

RFQ

JIT

Forecasting

Cost of Goods Sold

ASN

Sourcing

Make or Buy

ABC Classification

RFP

Lean

Total Cost of Ownership

Control Tower

Strategic Sourcing

BOM

Master Production Schedule

Kanban

Supply Chain Analytics

SRM

Cycle Count

Safety Stock

IoT

Backorder

Traceability

Capacity Planning

Demand Planning

S&OP

EOQ

MRP

Lead Time

Blockchain

Bullwhip Effect

ERP

Stockout

Order Fulfillment

ROP

Six Sigma

Supply Chain Visibility

Vendor Compliance

KPI

Digital Twin

PO

SCOR Model

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