Software Blocks Icon Arrow Icon Smartphone Icon Arrow Icon Software Blocks ERP Icon Software Blocks Icon SI Logo SI Full Logo SI Full Icon SI Full Icon Red search cross Play Button software
[Hit ENTER to search or ESC to close]
Skip to content
  •  
  •     Site Search
  • About SI
    • The SI Difference
    • Our Heritage
    • Why choose Food ERP from SI?
    • News & Views
    • Careers
    • COVID-19 Message of Support
  • Software
    • Food ERP
      • Sales Order Processing
        • Sales Order Processing CRM
        • Price Maintenance
        • Order Picking and Despatch Scanning
        • Invoices
      • EDI Processing
        • Orders and ASNs
        • Invoicing
      • Purchase Order Processing Software
        • Raw Material Intake
        • OCM, Weighing and Labelling
      • Stock Control and Warehouse Management
        • Remote Cold Store
        • Inter-Company Stock Transfer
      • Bill of Materials
      • Cost Modelling
        • Least Cost Formulation
        • Recipe Control
      • Production Management
      • Shop-floor Data Capture and MES
      • OCM, Weighing and Labelling
      • Sales Forecasting
      • Materials Requirements Planning (MRP)
      • Production Planning
      • Production Scheduling
      • Active Dashboards
      • Advanced Reporting and Analysis
    • MES & shop-floor data capture
      • Purchase Order Processing Software
        • Raw Material Intake
        • OCM, weighing and labelling
      • Production Management
        • Production RunMaster
        • Production Tracker
        • Yield Tracker
        • OCM, weighing and labelling
      • Picking and Despatch
      • Shop-floor Data Capture and MES
        • Weigh price labelling central control
        • Fixed weight labelling
        • Recipe management and screen
        • Yield management
        • Yield Tracker
        • Giveaway management
        • Giveaway tracker
        • OCM, weighing and labelling
        • Phrase manager
      • QA and traceability
        • Multi-process traceability
        • Hygiene Task Planner
        • Forward and Backward Traceability
      • Picking and despatch management
        • Despatch Tracker
        • Proof of delivery
      • Stock control and warehouse management
        • Remote cold store
        • Inter-company stock transfer
      • Sales Order Processing
      • Production Planning
      • Cost Modelling
    • Planning
      • Sales Forecasting
      • Production Forecasting
      • Materials Requirements Planning (MRP)
      • Production Planning
      • Boning Hall Planning
        • Kill Schedule
        • Plan to Produce
        • Boning Hall Actual vs Planned Performance
        • Available to Sell
        • Boning Hall Performance
      • Production Scheduling
      • Production RunMaster
      • Bill of Materials
      • Cost Modelling
        • Least Cost Formulation
        • Recipe Management
      • Production Management
      • MES and Shop-floor Data Capture
      • Works Order Processing
      • OCM, weighing and labelling
    • QA & Traceability
      • Quality Assurance software
      • Develop and deploy digital QA procedures
      • Hygiene Task Planner
      • Forward and Backward Traceability
      • Audit Management
    • Sector Specific Software
      • Abattoirs
        • Livestock Bookings and Scheduling
        • Lairage Management
        • Kill Scheduling
        • Veterinary Data Management
        • Livestock Ordering Point
        • Livestock Sampling Station
        • Stun Monitor
        • Kill Line Tracker
        • Abattoir Grading Station
        • Automated Livestock Payments
        • Abattoir traceability
        • Carcase Stock Tracker
        • Auto-spec ID
      • Meat Processing
        • Boning Hall Planning
        • Boning hall cut-tree cost modelling
        • Meat Retail Pack Planning
        • Boning Hall Intake
        • Carcase Stock Tracker
        • Boning hall production control
        • Butchery touchscreen
        • Boning hall performance
        • Boning hall OCM software
        • Forward and Backward Traceability
        • Sales order forecasting
        • Production Forecasting Software
        • Production RunMaster
        • Weigh price labelling central control
        • Stock and order dry goods planning
        • Purchase Order Processing
        • Cost modelling and margin manager
        • Recipe Management Software
      • Catering Butchers & Food Service
        • Sales Order Processing CRM
        • Raw material intake management
        • Butchery screen
        • Butchery Production Management
        • Bespoke Cutting and Order Management
        • Recipe Management for Wholesale Butchers
        • Pick, Pack and Despatch
        • Price lists and maintenance
        • Traceability
      • Poultry Processing Software
        • Poultry Processing Planning
        • Poultry Intake and Processing
        • Real-Time Poultry Stock Management
        • Poultry Line Checks
        • Forward and backward traceability
      • Cheese & Dairy Management
        • Cheese make sheet
        • Cheese grading
        • Cheese stock control
        • Cheese processing
        • Cheese traceability
      • Fish & Seafood processing
        • Trawler catch payments
        • Intake and stock management
        • Fish processing
        • Fish retail pack
        • Fish and seafood labelling
        • Cost modelling and line management
        • Fish and seafood traceability
      • Fresh Produce
        • Intake, Sampling and Quality Control
        • Fresh produce yield and grade management
        • Fresh produce stock management software
        • Primary Processing for Fresh Produce
        • Fresh Produce Secondary Processing
        • Fresh Produce Traceability
        • Mushroom pick and track management
        • Cost modelling
      • Recipe and ingredients
        • Recipe mixing screen
        • Recipe cost modelling
        • Stock control
        • Recipe traceability
      • Bakery & Cake Manufacturing
        • Bakery and cake recipe control
        • Forward and backward traceability
  • Sectors
    • Abattoir Management
    • Meat Processing
    • Catering Butchers & Food Service
    • Poultry Processing
    • Fresh Produce
    • Bakery & Cake Manufacturing
    • Cheese & Dairy
    • Fish & Seafood
    • Recipes & Ingredients
    • Snack Food Manufacturing
    • Pet Food & Bird Seed Manufacture
  • Resources
  • Customers
  • Contact Us
    • Customer Support
Home / Software / Least Cost Formulation software

Least Cost Formulation software

In these are unprecedented times for food manufacturing, especially within meat processing sector, many recipe-based product lines have been rationalised, as supermarkets focus on core high volume products to meet rapidly changing consumer buying habits. 

Whilst product ranges have been slashed by the supermarkets, there’s been a huge demand swing for staples like burger patties, sausages, meatballs and mince, as highlighted recently by the BMPA. Inevitably, this has had a huge impact on planning, management of raw material and production costs.

Introducing Least Cost Formulation

At SI, we know that manufacturing products that meet with repeatable standards, in the most cost-effective way, is a complex analysis process. This is especially the case when processes involve optional input materials with varying costs and factors.

Within our Cost Modelling software solution, Least Cost Formulation steps up planning controls by taking account of specification variances of available raw materials (E.g. VL grade), whilst still delivering at least cost.

Delivering new recipe variance controls

Cost Modelling delivers a detailed understanding of a processor’s costs and how they are assigned during the production process, whether direct or indirect. Least Cost Formulation steps up the control as it:

  • Allows planners to take account of variance in specification of available raw materials (E.g. VL grade), but still attain the strict customer specification & quality (within allowed tolerances), delivering at least cost.
  • Accounts for all of the costs associated with production, including ingredients, line and equipment changes, and the eventual transfer costs for the mixed product.
  • Considers staffing and running costs.
  • Accurately calculates the optimum formulation, a job which would take days to accomplish using spreadsheets; spreadsheets that would be out of date before they are published.
  • Provides advanced insight into the real costs for finished goods, and in turn offers the opportunity to maximise margin(s).

Transformational benefits for margin management

Today, the combination of our Cost Modelling solution and Least Cost Formulation is solving many of the production planning challenges faced by the meat processing sector.

For both existing and new product lines, LCF shows food processors how to maintain and even support margin growth throughout their operations. So, no matter what consumers, supermarkets and food service customers throw at the sector in the future, SI’s LCF and Cost Modelling applications will be there to support them.

For finance, supply chain and production planning teams, with the responsibility for controlling costs and delivering consistent quality, implementing LCF is transformational and offers measurable returns.

Least Cost Formulation steps up control and takes account of variance in specifications for available raw material.

Want to find out more about how SI’s Least Cost Formulation software can improve your productivity and margins? Simply complete the form and we’ll get right back to you.

reCAPTCHA is required.
Contact us
© 2021 Integreater® Software

Contact

Systems Integration (Trading) Ltd
Lincoln House, Wellington Crescent
Fradley Park, Lichfeld
Staffordshire, WS13 8RZ

T: +44 (0) 1543 444555
E: info@sifoodsoftware.com

Useful Links

  • About SI (Systems Integration)
  • Software
  • Sector Specific Software
  • Sectors
  • Customers
  • Resources
  • Privacy Notice
  • Customer Support

Socialise With Us

  •    Connect with us on LinkedIn
  •   Follow us on Twitter
  •   Watch us on YouTube
  •   Join us on Facebook

© 2021 Integreater® Software.