What are poultry inputs?
Poultry inputs are the necessary demands that fuel your farm’s functioning.
They are called inputs because they literally cover what goes into your farm to make it work.
Why are poultry inputs important?
Poultry inputs are the critical ingredients which together enable your poultry farm to make great product.
The quality of products and services which supply your poultry farm is like the supporting act to your main event.
They give you everything you need at your fingertips to convert your efforts into good valuable output.
No poultry farm can do without trustworthy inputs.
(…or the businesses & people that supply them.)
Also, bear this in mind,
…the process of writing a credible poultry farm project report depends on getting accurate input data.
Because building sound investment projections (inc. cash flow) actually starts with gathering the smallest grains of input detail.
Costs like price per kilo of poultry feed, for example, contribute as much as 70% of total business expenses.
The smallest over or underestimate here can make a MASSIVE impact on your overall investment profit outlook.
Example poultry inputs
Use strong procurement methods
Conversion is the key to deriving optimal return on your investment.
Quality of input really matters when looking to get high output.
Strong procurement practices will help you lay hold on top-notch supplies.
Get good at sourcing the best for your farm.
Further reading: 8 Essential Best Practice for Procurement – Insider Pro
Review accounts regularly
Your buying accounts with suppliers are like keeping a car,
They need a tune-up every now and again to run optimally.
Benchmark your service level agreement.
Take a look at what other providers are offering and consider where you room to renegotiate could come from.
Use detailed RFQ criteria
Be REALLY specific about what you are looking for.
This is entirely your duty of care and not one to expect a supplier to eyeball.
Pin down every service and product criteria and quantify down tot he grain.
This way you preserve your ROI with every deal made.
Add price inflation over the project period
When producing a project report ALWAYS account for inflation in your pricing.
It’s a silent devoured of your profits.
You’d be wise to make sure you add an extra provision for this in your input cost projections.
Make sure the price includes all requirements
Don’t just quote raw material price.
Remember to factor in relevant value-added services like delivery to your cost estimates.
This wat you don’t undercut your profits.