What is Purchase Price Variance (PPV) and How to Calculate it?
SCMDOJO
MARCH 24, 2025
Inflation has always been a top concern for higher management, as it is beyond the control of both suppliers and buyers. However, its impact is typically greater on the buyer than on the supplier. Unpredictable and Ad-Hoc Spend : Uncontrolled, off-contract purchases as opposed to a structured procurement through a defined process.
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