Product Suite

Supply Chain Glossary - N

nominal trading partner

Any organization external to the firm that provides an essential material or service, but whose financial success is largely independent of the financial success of the supply chain community.

A computational aid consisting of two or more scales drawn and arranged so that the results of calculations may be found by the linear connection of points on them. Historically, it was used for calculating economic lot sizes or sample sizes for work measurement observations. Also called an alignment chart.


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