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

PPV, also known as purchase price variance, is a term used in procurement to refer to the difference between the market rate of a bought item and ppv business meaningits actual price.

Purchase Price Variance (PPV) is a key performance indicator (KPI) that procurement specialists and finance professionals use to monitor cost efficiency in purchasing activities.

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