Purchase Price Variance Powerpoint Ppt Template Bundles
Purchase Price Variance PPV is a financial metric that measures the difference between the expected or standard cost of goods and the actual cost incurred during procurement. It reflects the impact of fluctuations in prices negotiated with suppliers, changes in market conditions, and alterations in order quantities. A negative PPV indicates cost savings, while a positive PPV signals increased costs. Monitoring and analysing PPV are crucial for businesses to optimise procurement processes, enhance cost efficiency, and maintain profitability by addressing the factors influencing the variance between planned and actual purchase prices.
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Visually stunning presentation, love the content.
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Very unique, user-friendly presentation interface.
