Purchase Price Variance (PPV) is a key performance indicator (KPI) that procurement specialists and finance professionals use to monitor cost efficiency in purchasing activities.
Purchase price variance (PPV) is the difference ppv business meaningbetween the standard cost (also known as baseline price) paid on a specific item or service and the actual amount you paid to。
A positive PPV means the goods cost more than you estimated, and the cost of goods has increased. A negative PPV means the goods cost less than your estimate, and the business saved money.
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ppv business meaning|What Is PPV? (With Examples and Tips for Reducing)
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