Glossary & Terminologies –Supply Chain and Procurement

• Supplier Code of Conduct

A

• Accounts Payable (AP)
• Accounts Receivable (AR)
• Acquisition Cost
• Active External Integration
• Added Value
• AP Automation
• AP invoicing
• Auction
• Auction Software
• Automated Invoice Processing

B

• Backflushing
• Backward Integration
• Bill of Materials
• Bullwhip Effect

C

• Calculate Direct Cost
• Capital Expenditure
• Capital Purchases
• Catalog
• Category
• Category Management
• Category Workbench
• Centralized Purchasing or Centralized Procurement
• Closed-Loop Supply Chain
• Cloud Computing
• COGS (Cost of Goods Sold)
• Cold Chain
• Collaboration Software
• Collaborative Planning, Forecasting and Replenishment (CPFR)
• Commercial Negotiation
• Competitive Bidding
• Competitive Dialogue
• Compliance
• Compliance Risk Management
• Consortia Procurement
• Continuous Replenishment
• Contract
• Contract Compliance
• Contract Scorecard
• Cooperative Purchasing
• Cost Advantage
• Cost Avoidance in Procurement
• Cost Breakdown Analysis
• Cost Responsiveness Frontier
• Cost to Serve
• CPG Industry

D

• Dashboard
• Decentralized Procurement
• Dedicated Resources
• Demand Forecasting
• Demand Management
• Demand Planning
• Demand Sensing
• Devolved Procurement
• Dilutive Securities
• Direct and Indirect Spend in Procurement
• Direct Cost
• Direct Cost System
• Direct Materials
• Direct Materials Budget
• Direct Procurement
• Direct Sourcing
• Downstream Supply Chain Operations

E

• E-Invoicing
• E-Procurement
• Efficient Consumer Response
• Enterprise Resource Planning (ERP)
• Enterprise Resource Planning (ERP) System
• Ethical Procurement

e

• eSourcing
• eTender

F

• Flip
• Forward Auctions
• Forward Commitment Procurement (FCP)
• Fourth-Party Logistics (4PL)

G

• Global Sourcing
• Governance
• Green Procurement
• Green Supply Chain Management

I

• Independent Procurement
• Indirect Materials
• Indirect Procurement
• Industry 4.0
• Insurance Procurement
• Integrated Logistics
• Inventory Control System
• Inventory Holding Costs
• Inventory Management
• Inventory Management Systems
• Invoice Management
• Invoice Reconciliation
• Item Master Data

J

• Just-In-Case Supply Chain Strategy
• Just-In-Time Supply Chain Strategy

L

• Last Mile
• Lean Procurement
• Lean Supply Chain
• Logistics Management

M

• Manufacturing Resource Planning (MRP)
• Master Data Management (MDM)
• Master Vendor Data Management
• Material Requirements Planning (MRP)
• Materials Management
• Mergers & Acquisitions (M&A)
• MRO in Procurement
• MRO Inventory

O

• OEM Procurement
• Online Catalog
• Open Tendering
• Open-Loop Supply Chain
• Order Management
• Order Promising

P

• P2P
• Procure To Pay
• Procurement Contract Management
• Procurement Data Management
• Procurement KPI
• Procurement Technology
• Procurement Transformation
• Product Master Data Management
• Product Sampling
• Purchase Order
• Purchase Order Management
• Purchase Requisition
• Purchase To Pay
• Push Catalog

Q

• Quality Management Process
• Quality Management System (QMS)

R

• Radio Frequency Identification (RFID)
• Reporting
• Req to Check
• Request for Information (RFI)
• Request for Proposal (RFP)
• Request for Quotation (RFQ) in Procurement
• Reverse Auctions
• Reverse Logistics
• Rfx Software
• RFx Tools
• Robotic Process Automation (RPA)

S

• S2P
• S2P Software
• Sales and Operations Planning (S&OP)
• Savings Tracking
• Savings Tracking Software
• Selling, General and Administrative (SG&A)
• Send Bidding
• Shared Resources
• Should Cost Analysis
• Should-Cost Model
• Source Contract
• Source to Settle
• Source-to-Pay
• Sourcing
• Spend Analysis
• Spend Analysis Technology
• Spend Cube
• Spend Leakage
• Spend Management
• Spend Taxonomy
• Standard Purchase Order (PO)
• Strategic Cost Management
• Strategic Procurement (Procurement Strategic Planning)
• Supplier Database
• Supplier Evaluation
• Supplier Master Data Management
• Supplier Master Data Model
• Supplier Rationalization
• Supplier Relationship Management
• Supplier Sourcing
• Supply Base Management
• Supply Chain
• Supply Chain Agility
• Supply Chain Collaboration
• Supply Chain Control Tower
• Supply Chain Convergence
• Supply Chain Design
• Supply Chain Execution
• Supply Chain Forecasting
• Supply Chain Inventory Visibility
• Supply Chain Management
• Supply Chain Operations Reference (SCOR)
• Supply Chain Planning
• Supply Chain Resilience
• Supply Chain Sustainability
• Supply Chain Transformation
• Supply Chain Visibility
• Supply Risk Management
• Sustainability Reporting
• Sustainable Cost Savings
• Sustainable Procurement
• Sustainable Sourcing

T

• Tail Spend
• Taxonomy
• Third-Party Logistics (3PL)
• Third-Party Risk Management (TPRM)
• Three Way Match
• Track & Trace (T&T)
• Transaction Costs

U

• Unified Procurement Platform

V

• Vendor Managed Inventory (VMI) in Supply Chain
• Vendor Management
• Vendor Master Data
• Vendor Portals
• Vendor Risk Management

W

• Warehouse
• Warehouse Management System (WMS)

Z

• Zero-Based Budgeting (ZBB)