What it does
Submit your packaging budget vs actuals (by format or category). The Budget Variance Explainer decomposes each variance into market-driven (index movement) vs supplier-driven (above-index pricing) components — with PackIndex data as the reference. Output is a board-ready variance table with narrative.
Example use case
A finance director has a £340,000 adverse packaging variance for Q1. The explainer attributes £220,000 to market-driven OCC and energy price increases (verifiable against PackIndex), and £120,000 to supplier-driven above-index pricing — triggering a renegotiation action on three suppliers.
Frequently asked questions
What input format do I need?
Budget vs actual table by packaging category or format. SKU level or category level both work.
Does this require PackIndex subscription data?
No — the agent uses publicly available PackIndex benchmark data to attribute variances.
Can I export the output?
Yes — board-ready table with variance attribution, exportable as text or paste into Excel.
Related searches
why did my packaging cost go up packaging budget overspend explanation corrugated cost over budget packaging variance board report explain packaging budget miss packaging cost variance analysis is packaging cost increase market driven packaging budget adverse variance corrugated budget vs actual packaging cost explainer CFO how to explain packaging price increase internally packaging overspend root cause
Run Budget Variance Explainer on PACKIQ
5 credits per run · Grounded in live PackIndex data · Result in under 2 minutes
Open PACKIQ → Live Prices →