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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 its actual price.

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

Purchase Price Variance (PPV) is an indispensable performance metric for businesses aiming to closely monitor andppv business meaning control their procurement spending. It provides invaluable insights into the alignment of actual spending。

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