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

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

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