PPV, also known as purchase price variance, is a term used in procurement to refer tppv business meaningo the difference between the market rate of a bought item and its actual price.
Purchase Price Variance or PPV is a metric used by procurement teams to measure the effectiveness of the organisation’s or individual’s ability。
It is the difference between the budgeted or standard price of an item and the actual amount paid to acquire that item. Thppv business meaningink of it as a financial reflection of how a company’s purchasing strategies perform against market。
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ppv business meaning|What is Purchase Price Variance? Why and How is it。
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