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Purchase Price Variance (PPV) is a metric that plays a huge role in managing costs and optimizing operations. This article gives an overview of PPV, explores its。

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) measures the differenceppv meaning supply chain between the actual price paid for goods/services and the standard price. Favorable PPV indicates cost savings through effective sourcing and。

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