Remove Procurement Remove Purchasing goals Remove Real-time Visibility
article thumbnail

What is Purchase Price Variance (PPV) and How to Calculate it?

SCMDOJO

3) Supplier Evaluation Purchase Price Variance (PPV) assists in evaluating supplier relationships and managing supplier selection. Suppliers whose prices fluctuate significantly over time may not be suitable for long-term partnerships, whereas those who consistently provide products at estimated costs can be considered for future contracts.

Price 69