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What is PPV (Purchase Price Variance)? It is the difference between the budgeted or standard price of an item and the actual amount paid to acquire that item. Think of it as a financial reflection of how a company’s。

Purchase Price Variance (PPV) is a key performance indicator (KPI) that procurement specialists and finance professionals use to monitor cost efficiency in purchasing activities.ppv meaning supply chain It measures。

Purchase Price Variance (PPV) is the financial discrepancy between the actual price paid for an item and its predetermined standard price, multiplied by the quantity purchased. This variance is key in procurement,。

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