Maximize Profit

BENCHMARKING AND TOOLS TO MAXIMIZE PROFIT Greg Bilbrey Agri Stats, Inc. 6510 Mutual Drive, Fort Wayne, Indiana 46825 E-mail: gbilbrey@agristats.com pluck An effective benchmarking effort can serving purify gainfulness by identifying opportunities for lowering equal and improving efficiencies. Benchmarking practices are commonly used by modern take companies and businesses worldwide and should, therefore, be considered for use by swine production companies or producers. For best results, a benchmarking effort should allow comparison of both production cost and performance. By comparing financial and production data against peers and intentness leaders, swine producers are more likely to find areas for improvement that other might remain hidden or concealed by routine busyness and pressing daily activities. Methods and procedures should be stage in place to ensure a benchmarking program pull up stakess an evenhanded and fair comparison. It is also important for a benchmarking effort to provide enough detailed information and analyses to allow investigation of why a disadvantage may exist instead of plainly reporting a disadvantage or opportunity.

This presentation lead use a DEMO Agri Stats swine benchmarking report to show how opportunities may be identified and pursued using a coordinate benchmarking program. BACKGROUND Agri Stats, Inc. Agri Stats is a privately held company providing professional benchmarking go to the commercial livestock industries. Services are currently provided for broiler, egg, turkey, and swine production companies as well as their harvest and processing plants. Since 1985, Agri Stats has been working with production companies in North and South America to help improve their profitability by identifying opportunities to lower cost and improve production efficiencies through comparative analysis or benchmarking. Agri Stats collects participant financial and production data electronically each month. congenital auditors convert the... If you want to get a full essay, lay out it on our website: Orderessay

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