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Purchase price variance (PPV) is the difference between the standard cost (also known as baseline price) paid on a specific item or service and the actual amount you paid to。

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

Purchase Price Variance (PPV) is an indispensable performance mppv business meaningetric for businesses aiming to closely monitor and control their procurement spending. It provides invaluable insights into the alignment of actual spending。

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