feed production

Feed Production transactions can be manually entered or interfaced from a batching system. The feed production will be valued at global post. There are different  types of feed production transactions. All transactions are captured in the same Feed Production screen and will be handled depending on the formula type.

• Feed Formula Production: Creates a production transaction and transfers feed to finished feed inventory.

• Pre-Mix Production: Creates a production transaction and transfers the finished product to ingredients inventory. Pre-mix production transactions take two or more ingredients and combine those ingredients to create another ingredient.

• Processed Ingredient: Creates a production transaction and transfers the finished product to ingredients inventory optionally with a shrink factor applied. An example of this type of transaction would be taking corn from a received state to a coarse or fine grind.

The Feed Production document contains the following components in the creation process:

1. Creating a Feed Production Transaction

2. • FMIM Feed Formulas

   • Ingredients

Create a Feed Production Transaction

1. In FMIM>Transactions>Feed Production, select Feed Production.

2. In the Feed Production main index, selectto create a new record.

3. In the Feed Production Date dialog box, from the Trans Date/Time drop-down menu, select the date and time of the transaction. Time is only required if the Inventory Date Mode is set to 'Date/Time'.

4. From the Feed Mill No drop-down menu, select the required feed mill.

5. Click 'OK' and the Feed Production screen will appear for the selected mill and date.

FMIM Feed Formulas

The Feed Formulas grid is where the feed production quantities are entered.

1. Select to add a new line.
2. From the Formula No drop-down menu, select the required formula from the list of feed formulas assigned to the feed mill.
3. Formula Name defaults from Formula No and displays a description of the formula.
4. Version No indicates which version is used for the feed production transaction. The version will default to the most recent version, but can be modified if required.
5. Version Date is a derived field that indicates the date of the version.
6. Silo No is an optional field to enter the silo in which the feed formula is being stored. Feed delivery and other transactions will also be tracked by silo. Costs are also maintained specific to silos
7. Silo Name defaults from Silo No and displays a description of the silo.
8. Lot No is an optional field to enter the lot number if lot number tracking is used.
9. Ref No is an automatically generated reference number that uniquely identifies the transaction.
10. Weight indicates the produced quantity.
11. Event Date indicates the date the event occurred.
12. From Scale Operator No, select the required scale operator. Scale operators must be pre-defined prior to creating a Feed Production in: Admin>Business>FMTS>FMIM>Scale Operators.
13. Scale Operator Name defaults from Scale Operator No and displays a description of the scale operator.
14. Shift indicates the shift that the feed was produced.
15. Batches represents the number of batches that were produced.
16. Batch No is imported from the batching system that references the batch number of the production transaction.
17. End Time indicates the time that the production run ended.
18. The Ingredient Cost will be $0.00 until the global post process is generated. Once the global post is run, the total ingredient cost for the production line will be displayed. The detailed ingredients can be viewed in the grid to the right.
19. If Cost Standards are used, the standard Manufacturing Cost will be displayed in this field once global post has been run.
20. If Cost Standards are used, the standard Shrink Cost will be calculated and displayed in this field after global post has been run.
21. Total Cost represents the total cost of the formula. This amount will not be defined until the global post process has been run.
22. Selecting the Void Flag will cancel the transaction.

Ingredients

The Ingredients grid indicates the ingredient usage for the selected formula. Valuation is not completed until global post has been generated.

1. In the Ingredient No field, enter the ingredient that was used.
2. Ingredient Name defaults from Ingredient No and displays a description of the ingredient.
3. In the Usage Amount field, enter the amount of ingredient used for the feed formula.
4. In the Silo No field, enter the silo that sourced the ingredient if silo tracking is used.
5. Silo Name defaults from Silo No and displays a description of the silo.
6. In the Lot No field, enter the lot that was used for the formula if lot number tracking is used. Values will be maintained by lot.
7. In the Shrink Value field, enter the cost of the shrink.
8. Usage Value will initially be zero until global post is run. Valuation is determined based on inventory costing method – Average Cost or FIFO.
9. Usage Unit Value will initially be zero until global post is run. Valuation is determined on the inventory unit.
10. Theoretical Amount is the quantity of ingredients that should be used based on the selected feed formula version
11. Theoretical Value is the value  of ingredients that should be used based on the selected feed formula version.
12. Theoretical Variance Amount is the difference in ingredients required by the feed formula version as compared to the actual ingredients used, also known as Mix Variance.
13. Theoretical Variance Value is the difference in value required by the feed formula version as compared to the actual value used.

Theoretical (Mix) Variance Value = Version Amount x Standard Value - Actual Amount x Standard Value

14. Standard Amount is the quantity of ingredients that should be used based on the feed formula version with the standard flag .
15. Standard Value is the value of ingredients that should be used based on the feed formula version with the standard flag .
16. Standard Variance Amount is the difference in standard version and feed formula version used, also known as Reformulation.
17. Standard Variance Value is the difference in standard version values and feed formula version values.

Standard (Reformulation) Variance Value = Actual Amount x Standard Value - Standard Amount x Standard Value