Remove Procurement Remove Purchasing goals Remove Supply Chain Efficiency
article thumbnail

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

SCMDOJO

This positive variance is achieved through effective negotiations, efficient internal management, and leveraging market opportunities. Unfavorable PPV Unfavorable PPV occurs when the actual price or purchase cost exceeds the standard price or estimated cost, leading to higher expenses.

Price 69
article thumbnail

Sustainable Purchasing — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Sustainable Purchasing — The Ultimate Guide. Sustainable purchasing might be a term that many people are not familiar with. However, this kind of purchasing is important, especially in the supply chain. . What is Sustainable Purchasing? First Name.