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What is Purchase Price Variance (PPV)? Companies that are selling products are either in control of the manufacturing or implementation。

PPV can be either favorable or unfavorable and may be tracked for specific time periods (monthly, quarterly, yearly). It is often reported in terms of total procurement spend. Purchase price variance is an important metric for。

Purchase price variance is a financial metric used in procurement and supply chain management to assess the difference betwppv inventory meaningeen the expected (also known as standard or baseline) cost of an item and its actual purchase cost. PPV measures the gap between what the company planned to pay for a product or。 See more

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