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PPV, also known asppv business meaning 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.

Business stakeholders can prepare PPV forecasts by analyzing historical pricing data, finding the price development patterns, and applying them to the current market situation. The rationale behind using a standard price,。

Purchase Prippv business meaningce 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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