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Recruiter's Glossary

Examples: Stockout • Kanban • Lead Time

Supply Chain Management Terms

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

SCOR Model

Traceability

Demand Planning

RFP

Backorder

Stockout

SRM

Pipeline Inventory

Safety Stock

Cycle Count

IoT

Capacity Planning

Kanban

Purchase Order

VMI

Perpetual Inventory

S&OP

ABC Classification

Supply Chain Visibility

MRP

PO

Total Cost of Ownership

Six Sigma

Bullwhip Effect

Lead Time

Make or Buy

Master Production Schedule

Inventory Turnover

Sourcing

KPI

Strategic Sourcing

Digital Twin

Blockchain

Lean

ASN

Vendor Compliance

ROP

EOQ

Forecasting

Supply Chain Analytics

Demand Sensing

JIT

Procurement

Order Fulfillment

Control Tower

Carrying Cost

Cost of Goods Sold

Cold Chain

ERP

RFQ

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