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Price Variation Overview
Distribution of Price Variation
Top Products by Estimated Spending
Potential Savings by Food Group
Glossary
- Price variation
- The percentage difference between the lowest and highest contract prices paid for the same product.
- Estimated spending
- Estimated purchase cost based on the quantity ordered and the highest comparable contract price.
- Potential savings
- The estimated amount that could be saved by paying the lowest observed price instead of the highest.
- Savings opportunities
- Products ranked by where purchasing volume and price differences could produce the greatest savings.
- Match quality
- Confidence that records refer to comparable products; 100% indicates an exact product-code match.
Data Coverage
Share of all 529 line items covered at each match quality threshold. Spending coverage is unavailable because purchasing quantities are not included.