FOCUSED ON COST
NetYield helps seafood processors capture detailed information about production costs to ensure the truest margins possible. The platform provides the flexibility to ship off the end of the line and delays costing until all costs are known, while ensuring end to end lot traceability.
SEAFOOD PROCESSORS FACE MANY UNIQUE CHALLENGES
TIGHT MARGINS
Seafood has thin margins
VARIABLE PRODUCT QUALITY
Product quality is inconsistent, leading to variable yields
WEIGHT CHANGES
Product can gain or lose weight independent of cutting yields (e.g., drip, soak)
PRICE FLUCTUATIONS
Raw material and finished product price can flucuate dramatically across the season
NON-PRODUCT COSTS
Non-product cost and value add can represent a significant portion of the finished product price
VARYING CUSTOMER SPECS
Product might be packaged and shipped differently for each customer obscuring account profitability
BEING ABLE TO BALANCE ALL OF THESE FACTORS IN REAL TIME AND CORRECT ISSUES QUICKLY IS THE DIFFERENCE BETWEEN SUCCESS AND FAILURE IN A COMPETITIVE BUSINESS
NETYIELD IS A PLATFORM FOR SEAFOOD PROCESSORS
NetYield helps seafood processors build out an increasingly detailed understanding of their cost structure as they grow. We work with companies to help them put in place basic inventory control and yielding, come back to help them break out and optimize their procurement and selling costings, and finally detail out value add including labor, packaging, and overhead. Our software offers an affordable entry point and provides increasing margin transparency as your business grows, supporting some of the largest seafood companies in North America.
PROCESSING
INVERTED BILL OF MATERIAL
OTHER RAW MATERIALS
MANUFACTURING COSTS
PRODUCTION RESULTS
PULLTHROUGH
RECIPES
PLANNING REPORTING AND WORK ORDERS
INVERTED BILL OF MATERIAL
INVERTED BILL OF MATERIAL
One raw material makes many finished goods, including byproducts
OTHER RAW MATERIALS
OTHER RAW MATERIALS
Work Order uses the primary raw material and any other raw materials required for the finished good
MANUFACTURING COSTS
MANUFACTURING COSTS
Work Order adds any charges needed to the finished good
PRODUCTION RESULTS
PRODUCTION RESULTS
Production Results shown in the Work Order
PULLTHROUGH
PULLTHROUGH
Automatically generates a transfer ahead of a work order to consolidate multiple item codes into a WIP code
RECIPES
RECIPES
Discrete Bill of Material (many raw materials make one finished good)
PLANNING REPORTING AND WORK ORDERS
PLANNING REPORTING AND WORK ORDERS
Compare Inventory, Demand, Incoming, Production Demand, Shortages to make a plan; commit raw material and target finished goods for tomorrow’s production
WHY NETYIELD?
NetYield has worked with dozens of large North American processors to help them develop a deeper understanding of their cost structure, improve their margins, and grow their profitability. We’ve worked with filleted fish, processed lobster, processed shellfish, scallops, shrimp, smoked fish, canned fish, and a variety of value-added products. Our consultants have worked at seafood processing plants serving wholesalers, retailers (both DSD and DC-based), foodservice, and even e-commerce customers dealing with tight customer specs, complicated EDI transactions, ready to eat safety requirements, and much more.