What Does NCP Stand For?
NCP stands for Net Contracted Purchases
NCP, or Net Contracted Purchases, refers to the total value of all purchase agreements an organization has engaged in, net of any reductions such as cancellations, returns, or discounts. It serves as an essential metric for assessing a company's purchasing commitments and financial obligations, providing insights into procurement strategies and supply chain management.
Added on 14th April 2008 | Last edited on 17th June 2025 | Edit Acronym