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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 a key performance indicator (KPI) that procurement specialists and finance profppv business meaningessionals use to monitor cost efficiency in purchasing activities.

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