ppv business meaning|What Is PPV (Purchase Price Variance),jjoycely

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 finanppv business meaningcial reflection of how a company’s purchasing strategies perform against market。

PPV, also known as purchase price variance, is a term used in procurement to refer to the difference between the market rate of a bought item and its actual price.

Purchase Price Variance or PPV is a metric used by procurement teams to measure the effectiveness of the organisation’s or individual’s ability。

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