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Purchase price variance (PPV) is the difference between the standard ppv meaning supply chaincost (also known as baseline price) paid on a specific item or service and the actual amount you paid to acquire it. PPV can be either favorable or。

What is PPV (Purchase Price Variance)? It is the difference between the budgeted or standard price of an item and the actual amount paid to acquire that item. Think of it as a financial reflection of how a company’s。

In Procurement, Purchase Price Varianceppv meaning supply chain (PPV) is the difference between the standard price of a purchased material and its actual。

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