SPECIAL STORY 58 FEED & ADDITIVE MAGAZINE May 2022 FEED FORMULATION SOFTWARE AND BENEFITS "Companies are under constant pressure to operate more efficiently and safely while modernizing their production and delivering improved products to their customers. Feed companies must adapt to real-time varying conditions to cope with these tremendous changes. Only a comprehensive set of specialized software tools integrated into a robust solution can handle these challenges: from traditional, least cost-driven processes to a fully digital and adaptive way of managing real-time feed production." Great efforts are being invested all over the world towards environmental protection; hence, the digital transformation of the food and feed sectors is putting our society to the test. Nowadays, the feed sector faces various challenges - new types of protein sources, price volatility, biodiversity sensitivity, and change in policies. Moreover, there are new sustainability requirements, increasing end users’ expectations, and the evolving revenue models. Companies are under constant pressure to operate more efficiently and safely while modernizing their production and delivering improved products to their customers. Feed companies must adapt to real-time varying conditions to cope with these tremendous changes. Only a comprehensive set of specialized software tools integrated into a robust solution can handle these challenges: from traditional, least cost-driven processes to a fully digital and adaptive way of managing real-time feed production. Feed/food companies of the future require a complete understanding of the actual and future state that would enable them to respond to known and unexpected events safely and efficiently. These capabilities are now offered through next-gen Feed Formulation Software. We can define three benefits provided by this technology: initial benefits provided by the legacy software, advanced benefits provided by the current next-gen formulation software, and the future benefits that the integration of high-end technologies will provide into the Feed Formulation Software. FEED FORMULATION SOFTWARE’S INITIAL BENEFITS Legacy Feed Formulation Software provides essential benefits for feed companies. Those are mathematically optimal least-cost calculation, raw material management, nutrient management, quick and convenient formulation, straightforward analysis of price change, and others. On the other hand, those legacy software solutions have cons. Systems were usually Aleksandar Selakov AFOS CEO Professor, Applied Software Engineering, University of Novi Sad
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