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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. ... When finance and procurement fail to exercise sufficient controls over expenditures,。

A positive PPV means that the actual price that the company paid is higher than their anticipated price Appv finance meaning negative PPV, on the other hand, means that the actual cost is lower than the budgeted one. Negative variance means。

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