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

Purchase price variance (PPV) measures the difference between the actual price paid for goods/services and the standard price. Favorable PPV indicates cost savings through effective sourcing and。

In Procurement, Purchase Price Variance (PPV) is the difference between the standard price of a purchased material and its actual。

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