Supply Chain, Inventory and Procurement Terminologies

TermiKnowledge

Successfully passed candidates will achieve the CIOP credential

A.

ABC Analysis.
ABC Classification.
ABC Inventory.
Absorption Costing.
Absorptive Capacity.
Accelerated Depreciation.
Acceptable Quality Level.
Acceptance.
Acceptance Criteria.
Acceptance Sampling.
Accessibility.
Accounts Payable.
Accounts Receivable.
Accreditation.
Accruals.
Acid Test Ratio.
Acquisition Cost.
Action Bucket.
Active External Integration.
Active Internal Integration.
Activities.
Activity.
Activity System.
Activity-Based Costing (ABC Costing)
Activity-Based Management.
Actual Demand.
Actual Finish Date.
Actual Start Date.
Ad Hoc Purchase.
Adaptive Change.
Added Value.
Addressability of Spend.
Adjudication.
Advance Payment.
Advance Ship Notice (ASN).
Advanced Planning and. Scheduling (APS) System.
Advisory, Conciliation and Arbitration Service (ACAS).
Ad Valorem.
Adversarial.
Aesthetics.
Affinity Diagram.
Affirmation.
Agent.
Aggregate Demand.
Aggregate Forecast.
Aggregate Inventory.
Aggregate Production Plan.
Agile.
Agreement.
AI.
Aisles.
A Items.
Algorithm.
Allocate.
Allocated Overhead.
Alternative Dispute Resolution (ADR).
Amortization.
Anchoring.
Andon.
Annual Budget.
Annulled.
Anomalous Purchase.
ANOVA.
An Individual with Capacity.
Anticipation Inventory.
Anticipatory Breach.
Anti-Corruption.
Appraisal Costs.
Approved Supplier List.
Arbitration.
Arm’s-Length Relationship.
Artificial Intelligence.
Assemble To Order (ATO)
Assembly.
Assembly Line.
Assertiveness.
Assets.
Assignable Variation.
Attribute Data.
Attrition.
Auctions.
Audit.
Audit Trail.
Auto-Renewal Clauses.
Automated Machines.
Automated Guided Vehicle System (AGVS).
Automatic Identification and Data Capture (AIDC).
Autopoiesis.
Available Facilities.
Available Inventory.
Available Time.
Available-To-Promise (ATP).
Average Cost.
Average Demand.
Average Inventory.
Average or Mean.

B

B2B Connectivity.
Backflush.
Backflush Costing.
Backflushing.
Background Intellectual Property.
Backhauling.
Backlog
Backorder
Back Room
Back Scheduling
Backward Integration
Backward Scheduling
Bad-Debt Loan Ratio
Balanced Scorecard
Balance Sheet
Balancing the Line
Balloon Payment
Barcode
Bargaining Mix
Barge
Barrier to Entry
Barter
Batch
Batch Quantity
Battle of the Forms
Base Price
Base Year
Basic Seven Tools of Quality
Behaviour
Behavioural Negotiation
Bench Strength
Beneficiary
Benefit
Bespoke
Best Alternative to a Negotiated Agreement (BATNA)
Beginning Inventory 
Benchmarking
Best Practices
Best Value
Best-In-Class
Bias
Bid
Bid Rigging
Bidder (or tenderer)
Big Data
Bill of Lading (house) (B/L)
Bill of Material
Bill of Resources
Binding Origin Information (BOI)
Biodegradable
Biodiversity
Biomass
Black Swan Event
Blanket Order
Blanket Purchase Order
Blockchain.
Blog.
Blue Ocean
Blue-Washing
Board Meeting
Boilerplate Clause
Bonded Warehouse
Book Inventory
Book Value 
Booming 
Bottleneck
Bottom Line
Bottom-up Replanning
Bounce Back
Box-Jenkins Model
Box Score
Boycott
BPM
BPR
Brainstorming
Brand Equity
Brand Loyalty
Breach of Contract
Break-Bulk Warehousing
Breakdown Maintenance
Break-Even Analysis
Break-Even Point
Breakers
Bribery
BRICS Countries
British Standards Institution (BSI Group)
Budget
Buffer Inventory
Buffer Stock
Built-to-Order (BTO) 
Bullwhip Effect
Bureaucracy
Business Case
Business Continuity Plan
Business Continuity Planning (BCP)
Business-Critical
Business Cycle
Business Environment
Business Intelligence
Business Model
Business Needs
Business Needs Analysis
Business Plan or Strategic Business plan
Business Process
Business Process Outsourcing
Business Strategy
Business-to-Business (B2B)
Business-to-Business Commerce
Business-to-Consumer Sales
Business-to-Customer (B2C)
Buyer
Buyer’s View
Buying
By-Product

C

CAD
Calculated Capacity
Call-off Contract
Call-off Schedule
Capable-To-Promise(CTP)
Capacity
Capacity Available
Capacity-Associated Costs
Capacity-Constraints
Capacity-Constrained Resource (CCR)
Capacity Control
Capacity Cushion
Capacity Management
Capacity Planning
Capacity Required
Capacity Requirements Plan
Capacity Requirements Planning (CRP)
Capacity Simulation
Capacity Strategy
Capacity Utilization
CAPEX
Capital
Capital Asset
Capital Budgeting
Capital Expenditure
Capital Intensive
Capital Purchase
Carbon Disclosure Project (CDP)
Carbon Footprint
Cargo
Cargo Container Capacity
Carrier
Carrying Cost
Cartel
Cash Conversion Cycle
Cash Cow
Cash Flow
Cash Flow Management
Cash Flow Statement
Cashable Savings
Cash-to-Cash Cycle Time
Catalogue
Categorisation
Category
Category Management
Causal (Extrinsic)
Causal Forecast
Cause-and-Effect Diagram
Cellular Manufacturing
Centres of Excellence
Center-of-Gravity Approach
Central Storage
Centralized
Centralized Procurement
Centralized System
Certificate of Inspection 
Certificate of Insurance
Certificate of Origin
Change Agency Unit
Change Management 
Channel
Channel Master
Channel Partners
Channels of Distribution
Chase Strategy
Checklist
Check Digits
Checkpoint Reports
Check Sheet
Chief Procurement Officer (CPO)
Child Labour
Chlorofluorocarbons
CIOP
Circular Economy
C Items
Civic Obligations
Claim Identification
Claim Quantification
Claims Adjuster
Claims Made Polices
Clearinghouse
Client Experience Strategy (CX)
Closed Change
Closed System
Closed-Book Costing
Closed-Loop Supply Chain (Reverse Supply Chain)
Closing Stock
Cloud
Cloud Computing
Code of Conduct
Coercion
Cognitive Dissonance
Cohesiveness
Collaborative
Collaborative Approach
Co-Creation
Co-Operative
Collaborative Planning, Forecasting, and Replenishment (CPFR)
Collaborative Product Development (CPD)
Collective Bargaining
Collective Consultation
Collective Efficacy
Collusion
Commercial
Commercial-off-the-Shelf(COTS)
Commissioning
Commitment
Commodity
Commodity Market
Commodity Pricing
Common Carrier
Common Causes
Common Procurement Vocabulary (CPV) Codes
Communication Management Strategy
Community Benefit Clause
Company Documentation
Competencies
Competition
Competitive 
Competitive Advantage
Competitive Approach
Competitive Benchmarking
Competitive Pricing
Component
Component Availability
Compound Interest
Component Items
Concurrent Design
Concurrent Engineering
Conditional Acceptances
Condition-Based Maintenance (CBM)
Confederation of British Industry (CBI)
Conflict
Conflict Minerals
Conflict of Interest
Conformance
Conformance Specification
Confidentiality Agreements
Configuration Management
Configure-to-Order
Conglomerate
Connected Stakeholder
Consequential Loss
Consideration
Consignee
Consignment
Consignment Note 
Consignment Stock
Consignment Stocking
Consignment Inventory
Consignor
Consolidated Deliveries
Consolidation
Consolidation Warehouses
Consolidator
Consortia Trade Exchanges (CTX)
Consortium
Constant Work-In-Process (CONWIP)
Constraint
Construct Validity
Consumables
Consumer 
Consumer Contracts
Consumer Order Decoupling Point (CODP)
Consumer’s Risk
Contained Change
Container
Container Design
Containerization
Contingency Plan
Continuing Professional Development (CPD)
Continuous Manufacturing
Continuous Improvement
Continuous Replenishment  
Contract
Contract Buying
Contract Clause
Contract Compliance
Contract Carrier
Contract Change
Contract Frustration
Contract Labor
Contract Management
Contract Manufacturing
Contract Formation
Contract Period/Contract Term
Contract Price Adjustment
Contract Regulations 
Contract Terms
Contract Variation
Contractual Flow Downs
Contribution Margin 
Contribution Margin Pricing
Control Chart
Control Limits
Control Measure
Control System
Conveyors
Co-Operativeness
Co-Ordination Evolution
Copyright
Co-Production
Core Activities
Core Competencies
Corporate Governance
Corporate Positioning
Corporate Risks
Corporate Social Responsibility (CSR)
Corporate Strategy
Corrective Action Plan (CAP)
Correct Condition
Correlation
Corruption
Cost
Cost, Insurance, Freight (CIF)
Cost Advantage
Cost to Serve
Cost Benefit
Cost-Based Metrics
Cost-Benefit Analysis
Cost-Benefit Ratio
Cost Center
Cost Driver
Cost Leadership
Cost Modelling
Cost of Capital
Cost of Goods Sold(COGS)
Cost of Lost Sales
Cost of Production
Cost of Poor Quality
Cost of Sales
Cost-Plus Arrangements
Cost-Plus Contract
Cost-Plus-Fixed-Fee Contract
Cost-Plus-Incentive-Fee
Cost Trade-Off
Cost-Type Contract
Cottage Industry
Counter-Offer
Cpk Index
Cranes and Hoists
Creative Evolution
Credit Check
Credit Limit
Credit Note
Credit Rating
Credit Watch List
Creditor
Critical Chain
Critical Chain Method
Critical Chain Methodology
Critical Factor
Critical Path
Critical Path Method (CPM)
Critical Ratio
Critical Service Level
Critical Success Factor (CSF)
Critical-To-Quality
CRM
Characteristics (CTQs)
Cross Docking
Cross Docking Warehouse
Cross Functional Organization
Cross-Functional Teamwork
Cross-Functional Teams
Cross-Organisational Teams
Cross Selling 
Crowdsourcing
Crypto Currency
Cube Utilization
Cultural Relativism
Culture
Cumulative Available-to-Promise
Cumulative Forecast Error (CFE)
Cumulative Manufacturing Time
Cumulative Variance
Currency
Currency Hedging
Current Assets 
Current Liabilities
Current Ration 
Customers
Customer Relationship Management
Customer Relationship Management (CRM) System
Customer Segmentation
Customer Service
Customer Service Levels
Customer Service Management
Customs
Customs-Trade Partnership Against Terrorism
Cyberattack
Cybercrime
Cybernetics
Cybersecurity
Cycle Counter
Cycle Counting
Cycle Stock
Cycle Time

D

Damages
Dashboard
Data
Data Cube
Data Mining
Data Normalization
Data Transfer
Data Warehouse
Data Reliability
Days of Supply
Days Sale Outstanding
DDP
Deadhead
Debt
Debt-Bondage
Debt-to-Equity Ratio
Decentralized System
Decommission
Decoupling
Decoupling Inventory
De-Expedite
Defects Liability Period
Defra
Delegation Evolution
Delphi Method
Deliverable
Delivered in Full
Delivered on Time
Demand Flow Manufacturing
Demand Lead Time
Demand Management
Demand Risk
Demand Side
Demand Time Fence
Demand Variability
Deming Circle
Demographics
Demonstrated (measured)
Capacity
Dependent Demand
Dependent Demand Stock
Depreciation 
Depreciation Charge
Descent-Based Slavery
Deterministic Approach
Devolve
Devolved Procurement
Dialogic
Differential Advantage
Differentiate
Differentiated Products
Digital Age
Direct Cost
Direct Labour Cost
Direct Loss
Direct Material Cost
Direct Supplies
Direction
Direction Evolution
Disaster Recovery
Disaster Recovery Plans (DRP)
Disaster Recovery Planning
Diversity
Discretionary Spending
Disclosure of Gifts
Dispatching
Dispersion
Disruptive Technologies
Distribution
Distribution Centre
Distribution Centres and Distribution Hubs
Distribution Channel
Distribution Inventory
Distribution Requirement Planning (DRP)
Distributive
Dividend
DMAIC (Design, Measure, Analyze, Improve, and Control)
Docks
Documentary Collection
Documentary Credits
Domestic
Domino
Downside Supply Chain Adaptability
Downstream
Downstream Environmental Factors
Down-Tooling
Double-Loop Learning
Drafting
Driver
Drum
Drum-Buffer Rope
Dual-Sourcing
Due Diligence
DuePont Formula
Duopoly
Durability
Durable
Duration
Dynamic
Dynamic Pricing
Dynamic Purchasing System (DPS)

E

EAN/UCC Standards
Earliest Due Date (EDD)
Early Adopters
Early Finish Date (EF)
Early Start Date (ES)
Early Supplier Involvement (ESI)
Earnings Before Interest and Taxes
Earnings Before Taxes
E-Auctions
E-Catalogues
Echelon
Ecological
Ecological Footprint
E-Commerce
Economic Growth 
Economic Indicators
Economic Operator 
Economic Order Quantity (EOQ)
Economic Value Added
Economies of Scale
Economy
Economy of Scale
Eco-Management and Audit Scheme (EMAS)
Economies of Scale
Electronic Data Interchange (EDI)
Effectiveness
Efficacy
Efficiency
Efficiency Frontier
E-Fulfilment
Embezzlement
Emerging Market
Emotional Intelligence
Emotional Quotient
Employment and Support Allowance (ESA)
Employment Tribunals (ET)
Employee Voice
Empower
Empowerment
End-Item
End-to-End Supply Chain
Enforceable by Law
Engineering Design
Engineering Drawings
Engineer-to-Order
Enterprise Resource Planning (ERP)
Entropy
Environment Management System (EMS)
Environmental Activism
Environmental Liability
Environmental Protection Agency (EPA)
Environmentally Responsible Purchasing
Equity
E-Requisitioning
Ergonomics
ERP
Escalate
Escalation Process
Escrow Agreement
E-Sourcing
E-System
Ethical Ambiguity
Ethical Code of Conduct
Ethical Codes of Practice
Ethical Sourcing
Ethics
Evaluation Criteria
Event (or Issue)
Everyday Low Price (EDLP)
Evergreen Contracts
Evolutionary Change
Exception Condition
Exception Message
Exchange Rate
Exclusion Clause
Exclusions
Executing Contracts
Exit Strategy
Expectation Measures
Expedite 
Expediting
Expeditor
Expenses
Expert Determination
Expert Opinion
Express Terms
Exploding
Exponential Smoothing
Exponentially Weighted Average Method (EWAM)
Exposure
Expression of Interest
Extended Producer Responsibility (EPR)
External Benchmarking
External Customers
External Failure Costs
External Setup
External Stakeholders
External Supplier
Externalities
Extortion
Extranet
Extrinsic Forecasting Techniques
EXW
Ex-Works

F

Facilitation Payment
Factoring
Failure Mode Effects Analysis (FMEA)
Fail-Safe
Fair Price
Fair Trade
Fair Trade Foundation
Fair Trade Organisations
Fair-Washing
Fast-Moving Consumer Goods (FMCG)
Features
Feedback
FEFO
File Transfer Protocol (FTP)
Fill Rate
Final Assembly Schedule (FAS)
Financial Performance Indicators
Financial Planning
Financial Regulations
Financial Return 
Financial Statements
Financial Year
Finished Goods
Finished Goods Inventory
Finite Loading
Firm Planned Orders
First Article Inspection
First Come, First Served
First In, First Out (FIFO)
First Mover Advantage
First-Party Audit
Fiscal Functions
Fitness for Use
Five Ms
Five Ss
Five Whys
Five Rights of Procurement
Fixed Assets
Fixed Asset Register
Fixed Costs
Fixed-Location Storage
Fixed-Location System
Fixed Order Quantity
Fixed Overhead
Fixed-Price Contract
Flat structure
Flexible Warehousing
Flexible Working
Flow
Flow Manufacturing
Fluctuation Inventory
Forbearance Agreement
Force Majeure
Forecast
Forecast Accuracy
Forecast Error
Forecast Frequency
Forecast Horizon
Forecast Interval
Forecast Investment 
Forecast Length
Forecasting
Formal Learning
Formal Sector
Forward Buying
Forward Scheduling
Fourth Party Logistics Provider (4PL)
Frame of Reference
Franchise
Fraud
Freedom of Association
Free-Trade Area
Frozen Zone
FTSE 100
Fugitive Dust
Full Container Load (FCL)
Full Truckload 
Fully Operational
Functional Fit
Functional Requirements
Functional Specifications
Functions 
Functions of Inventory
Fundamental Breach
Futures Exchange

G

Gas Protocol Corporate Standard
Gate Review
Gated Process
Gateway Operation
Game Theory
Gantt Chart
GDP
GDPR
Gearing
Gemba
Gemba Walk
General and Administrative
General Motors
General Warehouse
G Factor
Generativity
Geopolitical
GHG Emissions Inventory
Gifts and Hospitality
Globalization
Global Reporting Initiative
Global Sourcing 
Global Strategy
Good Faith
Good Will
Goods In 
Government
Green Bullwhip Effect
Green Production
Green Supply Chain
Greenwashing
GRN (Goods Received Note)
Gross Amount
Gross Domestic Product (GDP)
Gross National Product (GNP)
Groupthink
Growth Hacking
Guarantee
Guarantor

H

Habit of Mind
Hardware
Hard Measures
Hard Pegging
Hard Skills
Hazard
Hazardous Materials
Hazardous Waste
Head Contract
Heads of Terms
Health and Safety
Hedge 
Hedging
Hedge Inventory
Heijunka
Heterogeneous
Hierarchy
Hidden Waste
High-Bay Racking 
High-Bay Warehousing
High-Performing Team
Hire
Histogram
Historic Cost Baseline
Historical Analogy
Hold Harmless Agreement
Holding Costs/Carrying Costs
Honest
Honesty
Horizon Scanning
Horizontal Collaboration
Hoshin
Hoshin Kanri
Hoshin Planning
Host Nation
House of Quality (HOQ)
Hub-and-Spoke Systems
Human Rights
Human Trafficking
Hybrid
Hybrid Strategy

I

100% Inspection
IDEF (Integrated Definition or Integrated Programme)
Idiographic
IMBoK
Immobile
Impact
Impartial
Imperfect Competition
Implicit Knowledge
Implementation and Control
Implied Terms
Import Duty
Incandescent
Inclusive Price
Income
Incorporated Company
Incoterms
Incidental Loss
Incremental
Incremental Change
Indemnity
Indented Bill
Independent Demand
Independent Demand Stock
Index
Indexation
Indices
Indirect Cost/Indirect Spend
Indirect Supplies
Induction
Industrial Revolution
Industrial Tracks
Industry 4.0
Inefficiency Trap
Infinite Loading
Inflation
Influence
Informal Economy
Information
In-Group
In-House
Injunctions
Innocent Party
Innovation
Innovation Audit
Innovation Capability
Input/Output Control
Input/Output Report
Input Substitution
Insider Trading
Insolvency
Insolvent
Insource
Inspection
Insurance
Insurance Premium
Intangible 
Integrated Logistics
Integrated Report
Integrative
Integrity
Intellectual Capital
Intellectual Property
Intellectual Property Rights
Intention of the Breaching Party
Intention of the Innocent Party
Interchange Cost
Interest Rate
Intermittent Manufacturing
Intermodal
Inter-Trading
Internal Customers
Internal Failure Costs
Internal Rate of Return
Internal Setup
Internal Stakeholders
Internal Supplier
International Chamber of Commerce
International Integrated Reporting Council (IIRC)
International Labour Organization (ILO)
International Procurement Organizations (IPOs) 
International Organization for Standardization
International Sourcing
Internet
Internet of Things
Interpersonal Skills
In the Public Domain
Intranet
In Transit
Intrinsic Forecasting Techniques
Inventory
Inventory Investment 
Inventory Level
Inventory Management
Inventory Profiling
Inventory Records
Inventory Strategy
Inventory Turns
Inventory Velocity
Investment
Invitation To Tender (ITT)
Invitation to Treat
Invoice to Cash (I2C)
Invoices
IoT
ISO 9000: 2015
ISO 14001: 2015
ISO 26000: 2010
Item Master
IT Network

J

Jidoka
Jishuken
Job Design
Job Satisfaction
Job-Shop Layout
Job Ticket
Johari Window
Joint Contracts
Joint Venture
Tribunal (JCT)
Jurisdiction
Just-In-Time (JIT)

K

Kaizen
Kaizen Blitz
Kaizen Event
Kanban
Kanban System
Kansei Engineering
Keiretsu
Key Customer Segments
Key Stakeholders
Key Performance Indicators (KPI)
Kickback
Kitting
Knowledge
Knowledge Capital (Information Capital)
Kraljic Matrix

L

Labour Intensive
Lagging Measures
Landfill
Landed Cost
Last In First Out (LIFO)
Law of Demand 
Law of Supply
Lean
Lean Distribution
Lean Manufacturing
Lean Processes
Lean Supply
Lead Time
Leading Indicator
Leading Measures
Lean Production
Learning
Learning Curve
Lease
Ledger
Left Wing
Legal Liability
Legal Obligation
Legal Relationship
Less than Container Load (LCL)
Less than Truckload (LTL)
Lessons Learned
Letter of Credit (LC)
Letter of Intent
Level Production Plan
Level of Service Timeline
Leverage
Liable
Liability
Life-Cycle Assessment (LCA)
Life-Cycle Costs
Life-Cycle Costing
Life-Cycle Plan
Life Time Cost
Limit of Liability
Limitation Periods 
Limitations
Linear Pricing
Linearity
Line
Line Balancing
Line Flow
Liquid
Liquidated Damages
Liquidation
Liquid Zone
Liquidity
Liquidity Ratio Analysis
Litigation
Little’s Law
Livestock
Load
Load Profile
Loading
Lobby
Lobbying
Local Living Wage
Localisation
Localised Supply Chain
Logistics
Logistics Control
Loosely Coupled Supply Chain
Long Tail Spend
Loss Leader
Low-Cost Country (LCC)
Low-Cost-Country Sourcing (LCCS)
Low-Cost Supply
Low-Level Code
Lower Specification Limit (LSL)
Lost Time  Injury (LTI)
Lot-Size Inventories

M

M/L
Machine Flexibility

Macro Environment
Factors
Macro Environment
Maintenance, Repair, and Operating Supplies (MRO)
Make or Buy
Make-or-Buy Decision
Make-to-Order
Make-to-Stock 
Managing by Exception
Manufacturing Environment
Manufacturing Flow Management
Manufacturing Lead Time
Manufacturing Process Type
Manufacturing Resource Plan (MRP II)
Manufacturing-Based Approach 
Margin
Marginal Gains
Mark-Up
Market
Market Analysis
Market Capitalisation
Market Knowledge
Market Factors
Market Intelligence
Market Price
Market Saturation
Market Segment
Market Share
Master Planning of Resources
Master Production Schedule (MPS)
Mass Production
Material Assets
Material Breach 
Material Handling
Materials Management
Material Requirements Plan (MRP)
Matrix Managing 
Maverick Spend/Off-Contract Spend
Mean
Mean Absolute Deviation (MAD)
Mean Absolute Percentage Error (MAPE)
MEAT
Median
Mediation
Member State of the ILO
Memorandum of Understanding (MOU)
Meta-Analysis
Metaphor
Method Statement
Metric
Metrics
Mezzanine Floor
MHEs
Micro Environment
Milestones
Mini-Competition
Min-Max System
Minimum Order Quantity (MOQ)
Minor Breach
Minutes
Mission Statement
Mitigate
Mitigation/Mitigating Action
Mixed Loads 
Mixed Model Scheduling
Mobilisation
Mode
Modern-Day Slavery
Modern Slavery
Modified Re-Buy
Money Laundering
Monitoring
Monopoly
Monopsony
Moonlighting
Motivation
Movements
Moving Averages
MRO
MRO Inventory
Multi-Cultural
Multi-Discipline Team
Multi-Modal Transportation
Multi-National
Multi-National Company (MNC)
Multi-National Organisations
Multi-Sourcing
Multilevel Bills
Multilingual
Multiple Bills
Multiple Sourcing
Mutual Information System on Social Protection (MISSOC)
Mutual Surrender

N

Narrative Format
National Audit Office
National/Cultural Stereotypes
National Insurance (NI)
National Living Wage (NLW)
National Standards Bodies
Negotiated Tendering
Negotiation
Negotiation Variables
Nepotism
Net Amount
Net Assets Turns
Net Income
Net Present Value (NPV)
Net Profit
Net Requirements
Network
Network Management
Network Sourcing
Neuroplasticity
Neuro-Linguistic Programming
New Buy
New Engineering Contract (NEC)
New Products
New Product Development
NGO
Niche
Nomothetic
Noninstantaneous Receipt Model
Non-Cashable Savings
Non-Competitive Benchmarking
Non-Conformance
Non-Disclosure Agreement (NDA)
Non-Functional Requirements
Non-Governmental Organisation (NGO)
Non-Linear Pricing
Non-Verbal Communications
Normal Curve or Bell Curve
Normal Distribution
Notice of cancellation

O

Objective
Obligations
Obsolescence
Obsolescent Stock
Occupational Health & Safety Agency (OHSA)
Offer
Offeree
Offeror
Officers
Offset/Industrial Participation
Offsetting
Off Site
Offshoring
Off-the-Shelf
OJEU
Oligopoly
Oligopsony
Omni-Channel
One Piece Flow
Online Transactions
On-Time Delivery in Full (OTDIF)
Open Account
Open-Book Contract
Open-Ended Change
Open-Loop Supply Chain (Traditional/Forward-Loop Supply Chain)
Open Orders
Open Tendering
Opening Stock
Operating Costs
Operating Environment
Operation Overlapping
Operation Splitting
Operational Expenditure
Operational Prerequisites
Operational Supplier Relationship
Operations
Operations Management
Opportunity Cost
Opportunity for Improvement
Orchestrator 
Order Fulfilment 
Order Fulfillment Lead Time 
Order Management 
Order of Precedence Clause
Order Point
Order Processing
Order Processing and Communication
Order Promising
Order Qualifiers
Order Tracking System
Order Winners
Ordering system
Organisation
Organisation for Economic Co-Operation and Development (OECD)
Organisational Behaviour
Organisational Culture
Organisational Structure
Organisational Learning
Original Equipment Manufacturer (OEM)
Outcome-Focused Specification
Oscillating
Outcome
Out-Group
Outlier
Output
Outsource
Outsourcing
Overall Value at Risk
Overdraft
Overheads
Overservice
Over-Specified
Over-Supply
Owners’ Equity

P

Packaging
Packing 
Pain/Gain Clauses
Pallet
Pallet Positions
Palletisation
Pandemic
Paperless
Parent
Pareto Analysis
Pareto Diagrams
Pareto Principle (the 80/20 rule)
Pareto Rule
Part-Exchange
Partnering
Partnering Charter
Partnership Relationship
PAT (Portable Appliance Testing)
Partnership Sourcing
Patent
Past Consideration
Pay-Less Notice
Pegging
Pegging Report
Peppercorn Contract
Perceived Quality
Performance
Performance Benchmarking
Performance Management
Performance Management Framework
Performance Measure
Performance Measurement
Performance Specification
Performance (or outcome-focused) Specification
Performance Standards
Performance Visibility
Perfect Order Fulfillment
Period Order Quantity
Perpetual Inventory Record
Personal Improvement Plan (PIP)
Personality
Petty Cash
Photovoltaic
Physical Distribution
Physical Supply
Pick List
Picking
Piece Price
Pipeline Inventory
Pipeline or Movement Inventories
Pitch
Plagiarism
Plan Do Check Act Cycle (PDCA)
Planet
Planned Orders
Planner/Buyers
Planning
Planning Bills
Planning Factors
Planning Horizon
Poka-Yoke
Portfolio Analysis
Positive-Sum Game
Postmodernism
Probability Distribution
Post Tender Negotiation (PTN)
Poverty Line
Predictive Validity
Preferred Supplier
Preferred Supplier List
Preventative Maintenance (PM)
Prevention Costs
Pre-Qualification Questionnaire (PQQ)
Price Elasticity
Price Index
Price On Application (POA)
Price-Penetration Strategy
Price-Skimming Strategy
Price Volatility
Pricing Model
Primary Data
Primary Packaging
Primary Sector
Prime Contract
Prior Information Notice
Private Limited Company (Plc)
Private Sector 
Private Sector Organisations
Proactive
Probability Distribution
Process
Process Batch
Process Capability
Process Capability Index
Process Flexibility
Process Flow Diagram
Process Mapping
Process Metric
Process Reliability
Process Specifications 
Procure to Pay (P2P)
Procurement 
Procurement Analyst
Procurement and Supply Management
Procurement Platform
Producer’s Risk
Product Description 
Product Life Cycle
Product Specification
Product Tracking
Product Tree
Product-Based Approach
Production Activity Control
Production Lead Time
Production Levelling
Production Planning
Production Strategy
Productivity
Proforma Invoice
Profitability
Project Audit
Project Initiation Document (PID)
Project Life Cycle
Project Manufacturing
Project Schedule Network Diagram
Project Steering Committee
Project Viability
Projectification
Promise Time
Promotional Mix
Prospective Suppliers
Protective Packaging
Prototype
Psychological Contract
Psychosocial Development
Public Limited Company
Public Procurement
Public Sector
Public Sector Organisations
Pull Distribution
Pull Style
Pull System
Purchase Order
Purchase Order Lead Time
Purchase Requisition
Purchasing 
Purchasing Card (Procurement Card)
Purchasing Cycle
Purchasing Requisition
Pure Competition
Pyramid Forecasting

Q

Qualified Bid
Qualitative
Qualitative Analysis
Qualitative Measures
Qualitative Research
Qualitative Techniques
Quality
Quality Assurance
Quality Circles (QCs)
Quality Control
Quality at the Source
Quality Engineering
Quality Function Deployment (QFD)
Quality Inspection(Quality Control) 
Quality Management 
Quality Management System (QMS)
Quantitative
Quantitative Analysis
Quantitative Measures
Quantitative Research 
Quantitative Techniques
Quantity Discounts
Queue Time
Quick Changeover
Quota
Quota System

R

Radical Change
Radio Frequency (RF)
Radio Frequency Identification (RFID) Tag
Random Variation
Rapport
Rate-Based Scheduling
Rated Capacity
Rationalisation
Raw Materials
Reactive
Read Receipt
Rebate
Recruitment 
Red Ocean
Reduce, Reuse, and Recycle
Redundant Stock
Redundant Costs
Re-Engineering
Refinement
Reflection-on-Action
Regression Analysis
Regulatory Framework
Regulators
Relationship Life Cycle
Relationship Management 
Relationship Marketing
Releasing an Order
Relevance
Reliability
Reliance Damage
Remanufacturing
Remedies
Remittance Advice
Remuneration
Reorder Point
Repetitive Manufacturing
Replenishment
Representation
Reporting Framework
Repudiate
Repudiatory Breach
Reputational Damage
Request For Information (RFI)
Request For Proposal (RFP)
Request For Quotation (RFQ)
Request For Quote (RFQ)
Request for Tender (RFT)
Requirements
Requisitions
Reserve Stock
Residual Waste
Residual Risk
Restitution Measures
Restricted Tendering
Resources
Resource Levelling
Resource Loading
Resource Planning
Responsible Procurement
Retained Earnings
Retention
Retention of Title (ROT)
Return (or Reverse) Logistics
Returns Management
Return on Capital
Return on Capital Employed (ROC)
Return on Investment
Return on Relationship Investment (RORI)
Return on Supply Chain Fixed Assets
Revenue
Reverse Auction
Reverse Logistics
Reverse Supply Chain
RFID (Radio Frequency Identification)
Revolutionary Change
RIDDOR Statistics
Risk
Risk Appetite
Risk Exposure
Risk Management
Risk Register
Risk Threshold
Risk Factor/Expectation Value
Roll-Over Contract
Root Cause Analysis
Routing
Rough-Cut Capacity Planning
RPA
RSD
Run Chart

S

5S Approach
Safety Capacity
Safety Factor
Safety Lead Time
Safety Performance Index (SPI)
Safety Stock
Safety Stock (Buffer Stock)
Sales and Operations Planning (SOP)
Sample
Sampling
Sampling Distribution
Scaled Advantage
Scalability
Scatterplots
Schedule of Rates
Scheduled Receipt
Scheduling
Scope Creep
SCOR (Supply Chain Operations Reference)
Scorecards
Search Engine
Seasonal Index
Seasonality
Secondary
Secondary Data
Second-Party Audit
Secondary Sector 
Self-Assessment Tool
Self-Efficacy
Separation of Duties (SoD)
Sequencing
Serviceability
Service Level Agreement (SLA)
Service Levels
Service Sector
Service Life-Cycle Management (SLM)
Services
SERVQUAL
Setup Time
Share Purchase Agreements
Shareholders
Shares
Sharing Ratio
Shipping Address
Shop Floor
Shop Order Master
Shortest Process Time
Shop Calendar
Simple Regression
Single Administrative Document (SAD)
Siesta
Silo-Working
Single–Level Bill
Single Minute Exchange of Die (SMED)
SIngle-Piece Flow
Single-Loop Learning
Single Sourcing
SIPOC Diagram
Situational Leadership
Six Sigma
Skunkworks
Slack
Slack Time
Slotting (or Profiling)
Slushy Zone
Small-and Medium-Sized Enterprise (SME)
SMART
Social Activism
Social Capital
Social Impact Assessment
Social Intelligence
Social Responsibility
Socio-Technical
Soft Measures
Sole Sourcing
Sole Trade
Source
Source to Contract (S2C)
Sourcing
Specific Performance
Specification
Spend Analytics
Spend Cube
Spontaneous Learning
Spot Buying
Stable
Staff Turnover
Staged Pricing
Staggered Delivery
Stakeholders
Stakeholder Management 
Standard Cost
Standard Deviation
Standard Time
Standards-Developing Organisations
Standardized Work
Standing Orders
Statement of Work
Statistical Data
Statistical Control
Statistical Process Control (SPC)
Statistics
Stay of Court Proceedings
Stay of Execution
Stewardship
STEEPLE Analysis
Stock Keeping Units (SKUs)
Stock
Stock Markets
Stock Profile
Stock Turn/Stock Turnover(high or low)
Stockout
Stocktake
Stores
Straight Re-Buy
Strategic 
Strategic Alliance
Strategic Business
Decisions
Strategic Core
Strategic Drivers
Strategic Partnering
Strategic Partnership
Strategic Plan
Strategic Position
Strategic Procurement
Strategic Sourcing
Strategic Supplier
Strategic Supplier Relationship
Strategy
Strict Liability
Subcontract or Outsource
Subcontractor
Subcontracting
Subjective Measures
Substitutes
Sub-Tier Supplier
Sunk Cost
Supplier Appraisal
Supplier Attrition
Supplier Certification
Supplier Conditioning
Supplier Development
Supplier Flexibility and Reliability
Supplier Inspection
Supplier Preferencing
Supplier Performance Monitoring Scheme (SPMS)
Supplier Pre-Qualification
Supplier Rating
Supplier Rating System
Supplier Ranking
Supplier Rationalisation
Supplier Relationship Management (SRM)
Supplier Scorecard
Supply Base Rationalisation
Supply Chain
Supply chain Event Management
Supply Chain Governance
Supply Chain Integration
Supply Chain Management
Supply Chain Management Cost
Supply Chain Mapping
Supply Chain Network
Supply Chain Network Design
Supply Chain Operations
Supply Organisation
Supply Chain Processes
Supply Chain Resilience
Supply Chain Response Time
Supply Chain Transparency
Supply Chain Vulnerability 
Supply Side
Sustainability
Sustainability Development Goals (SDGs)
Sustainability Reports
Sustainable Competitive Advantage
Sustainable Development
Sustainably
Sweatshops
SWOT Analysis
Systems
Systems Integration
System Theory
Systemic

T

Tacit Knowledge
Tactical/Operational Sourcing
Tactics
Takt Time
Tail Spend 
Tall Structure
Tangible
Target Audience
Target Cost
Target Service Levels
Target-Level or Maximum-Level Inventory
Tariff
Task
Taxonomies
Technical (or conformance) Specification
Technology
Technology Chasm
Technology Road Map (TRM)
Tender
Tendering
Term Contracts
Termination Clauses
Tertiary Sector
Testimonial
Testing
Theoretical Capacity
The Public Interest Test
Theory Drive Evaluation
Theory of Constraints
Third Party
Third Sector
Third-Party Audit
Third Party Logistics Provider (3PL)
Third-Sector Organisations (TSOs)
Thresholds
Throughput Time
Tier skipping
Tier 1 Supplier
Tier 2 Supplier
Tiering
Tightly Coupled Supply Chain
Time Barred
Time Bucket
Time-Based Competition
Time Series (Intrinsic)
Time to Market (TTM)
Time-Series
Time Buckets
TMS
Tolerance
Tooling
Total Asset Turnover
Total-Based Competition
Total Cost
Total Cost Approach
Total Cost of Ownership (TCO)
Total Landed Cost (TLC)
Total Quality
Total Quality Management
Total Productive Maintenance
Total Cost of Supply
Total Cost to Serve
Total Inventory Days of Supply
Total Target Cost
Tote Box
Touchpoints
TQM System
Tracking Signal
Tradeables
Trade Body
Trade Bloc
Trade Union
Traffic
Traffic Light (or RAG) Method
Transaction Messages
Transactional Leadership
Transaction Records
Transcendental
Transfer Batch
Transform
Transparency
Transport
Transportation Inventories
Transportation Management 
Trend
Trade War
Transfer of Ownership
Transformational Step Change
Triangulation
Trigger Event
Triple Bottom Line (TBL)
Trust
Trustworthiness
TSD
TUPE
TUPE Legislation
Turnover
Two-Bin System
Types of Inventory

U

Unambiguous
Underwriting
Uniform Plant Loading
Unilateral Contract
Unincorporated Company
Union
Unique Selling Proposition/Point (USP)
Unitarist
Unitization
Unit Load
Unit of Measure
United Nations
Universality
Unliquidated Damages
Up-Skill
Up Time
Upper Control Limit
Upper Specification Limit
Upside Production Flexibility
Upside Supply chain Adaptability
Upside Supply Chain Flexibility
Upstream
Upstream Environmental Factors
Upstream Processes
US Food and Drug Administration (FDA)
User-Based Approach

V

Value
Value Added Tax (VAT)
Value Added Per Employee
Value Advantage
Value Analysis
Value at Risk (VaR)
Value Chain
Value Chain Approach
Value Chain Mapping
Value Creation
Value Engineering
Value for Money (VFM)
Value Mapping
Value Propositions
Value Stream
Value-Added Benefits
Value-Based Approach
Variable Costs
Variable Data
Variable or Dynamic Information
Variance 
Variant Bid
Variation on Price (VOP)
Variety
Vehicle Routing Problem
Verbal Communications
Vendor-Managed Inventory (VMI)
Venture Capitalists
Vertical Integration
Vertically Integrated
Violation
Viral Marketing
Virtual Enterprises
Virtually
Vision Statement
Visual Management
Voice of the Customer (VOC)
Volume
VSM

W

Wait Time
Waiting Time Charge
Walk-Away Point
Warehouse
Warehouse Management System
Warehouse Slotting
Warehouses
Warranty
Warranty Cost as Present of Return
Waste
Waste Electronics and Electrical Equipment (WEEE)
Waiver
Waiver of Subrogation
Waybill (or Airway Bill)
Wearing Parts
Weighted Moving Average
Weighted Score
Weightings
White Elephant
Whistleblowing
Whistle-Blower
Whole-Life Costs
Whole Life Costing
Win-win Negotiation
Wilful Acts
Wire Transfer
Wise Agreement
WMS
Word-of-Mouth
Work Breakdown Structure (WBS)
Work Cells
Work Center
Work Center Master
Work Packages
Working Capital
Working Stock
Workplace Fraud
Where-Used Reports
Work-In-Process (WIP)
Work in Progress Inventory
Written Off/to Write-Off


X

X-Bar Chart



Y

Yield
YMS

Z

Zeitgeist
Zero Defects
Zero-Sum Game
Zone Picking
Zoning
3F1M

 

 

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