Main page


1 2 3 4 5 8 A B C D E F G H I J K L M N O P Q R T U V W X Y Z 

National carrier: - A for-hire certificated air carrier that has annual operating revenues of $75 million to $1 billion

National Industrial Traffic League: - An association representing the interests of shippers and receivers in matters of transportation policy and regulation.

National Motor Bus Operators Organization: - An industry association representing common and charter bus firms

National Motor Freight Classification (NMFC): - A tariff, which contains descriptions and classifications of commodities and rules for domestic movement by motor carriers in the U.S.

National Railroad Corporation: - Also known as Amtrak, the corporation established by the Rail Passenger Service Act of 1970 to operate most of the United States' rail passenger service.

National Stock Number (NSN): - The individual identification number assigned to an item to permit inventory management in the federal (U.S.) supply system.

Nationalization: - Public ownership, financing, and operation of a business entity.

Net Asset Turns: - The number of times you replenish your net assets in your annual sales cycle. A measure of how quickly assets are used to generate sales.  Calculation: Total Product Revenue / Total Net Assets

Net Assets: - Total Net assets are calculated as Total Assets - Total Liabilities

Net Change MRP: - An approach in which the material requirements plan is continually retained in the computer. Whenever a change is needed in requirements, open order inventory status, or bill of material, a partial explosion and netting is made for only those parts affected by the change. Antonym: Regeneration MRP.

Net Requirements: - In MRP, the net requirements for a part or an assembly are derived as a result of applying gross requirements and allocations against inventory on hand, scheduled receipts, and safety stock. Net requirements, lot-sized and offset for lead time, become planned orders.

New Product Introduction (NPI): - The process used to develop products that are new to the sales portfolio of a company.

NMFC: - See National Motor Freight Classification

No location (No Loc): - A received item for which the warehouse has no previously established storage slot.

Node: - A fixed point in a firm's logistics system where goods come to rest

Non-Durable goods: - Goods whose serviceability is generally limited to a period of less than three years (such as perishable goods and semidurable goods).

Non-vessel-owning common carrier (NVOCC): - A firm that consolidates and disperses international containers that originate at or are bound for inland ports.

Noncertified carrier: - A for-hire air carrier that is exempt from economic regulation.

Nonconformity: - Failure to fulfill a specified requirement. See: blemish, defect, imperfection.

NPI: - See New Product Introduction

NSN: - See National Stock Number