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Purchase Price Variance (PPV) is a metric that plays a huge role in managing costs and optimizing operations. This article gives an overview of PPV, explores itsppv meaning supply chain。

Purchase price variance (PPV) is a measure of the difference between the actual cost paid for a product or raw material and the standard cost that was expected to be paid. It is a common concept in cost accounting and is used to evaluate the。

In the context of procurement and supply cppv meaning supply chainhain management, PPV stands for Purchase Price Variance. It represents the difference between the standard cost of an item and its actual purchase cost, reflecting discrepancies due to market。

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