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Purchase price variance (PPV) is a measure of the difference between the actual cost ppv meaning supply chainpaid for a product or raw material and the standard cost that was expected to be paid. It is a common concept in cost accounting and is used to evaluate the。

Purchase Price Variance (PPV) is a key performance indicator (KPI) that procurement specialists and finance professionals 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。

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