Saturday, 18 May 2024, 5:52 AM
Site: SupplyChainSmart
Course: SupplyChainSmart (SCS)
Glossary: Supply Chain Smart Glossary
N

NPBT

The operating profit of a Measured Entity before tax. It incorporates both the equity / loss figures and abnormal items, but excludes extraordinary items as determined by Generally Accepted Accounting Practices (GAAP).

Narrative

Presentation of a series of events in a purposeful sequence, either fictional or factual

National Standards Body

A body registered in terms of section 5(1)(a)(ii) of the Act responsible for establishing education and training standards or qualifications, and to which specific functions relating to the registration of national standards or qualifications have been assigned in terms of section5 (1)(b)(i) of the Act

Need

Require (something) because it is essential or very important rather than just desirable.


Negotiation

Negotiation is the process by which two or more parties confer or interact to reach consensus or agreement.

Negotiator

A person who conducts negotiations.

Net Present Value

The value in the present of a sum of money, in contrast to some future value it will have when it has been invested at compound interest.

Net Profit

The actual profit after working expenses not included in the calculation of gross profit have been paid.

Net Promotor Score

Measures customer loyalty.


Net Requirements

Difference between PAB, demand and scheduled orders

New Application (NA)

"1 : an act of applying:

Nibbles

“Nibbles” is the term given to a group of four bits. Therefore, 2 nibbles (8 bits) make a byte

Non-Representative Sample

This type of sample results when the respondents from the location where the interviewing takes place does not match the desired target population

Non-Verbal Language/Communication

Communication without the use of words/signs, which could be done by gestures or could refer to total body language

Non-compatible

An object or material that is unable to exist together.

Not Applicable (N/A)

n/a or N/A is a common abbreviation in tables and lists for the phrase not applicable, not available, or no answer. It is used to indicate when information in a certain table cell is not provided, either because it does not apply to a particular case in question or because the answer is not available.

Number

A number is an abstract idea used in counting and measuring. A symbol which represents a number is called a numeral, but in common usage the word number is used for both the idea and the symbol

Numerical Question

A type of closed-ended question that allows respondents to pick a number. Example: What is your current age?