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

In the context of procurement and supply chain management, PPV stands for Purchase Price Variance. It represents the difference ppv meaning supply chainbetween the standard cost of an item and its actual purchase cost, reflecting discrepancies due to market。

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。

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