Full report of the two-day class “Application of Smart Animal Husbandry in Cost Price”

Full report of the two-day class “Application of Smart Animal Husbandry in Cost Price” – December 12-13, Lavasan, Tehran

 

The specialized class “Application of Smart Animal Husbandry in Cost Price of Livestock Products” was held in Lavasan, Tehran, in cooperation with the Mostazafan Foundation and with the presence of financial managers, cost price officials, statistics and budget experts, and livestock experts on December 12-13.

This course was held with the aim of improving management knowledge and using modern financial analysis

More than 70 specialists and managers from various units of Pars Holding participated in this event, and key topics in the fields of cost management, simulation, artificial intelligence, and modern livestock technologies were discussed.

 

Course Objectives

This workshop was designed with six main approaches:

1. Introduction to smart animal husbandry and its applications
2. Standardization of the cost calculation method in animal husbandry units
3. Understanding smart tools and technologies in financial and performance analysis
4. Empowering managers to make data-based decisions and simulate the future of business
5. Introducing the new version of cost and understanding its differences with the previous version
6. Introducing the new version of herd management software and its differences with the previous version

 

Specialized topics of the course

1. Introduction to the concepts of smart animal husbandry and its applications in cost (Speaker: Managers Company)

In this section, participants were introduced to the following topics:

• The role of artificial intelligence in analyzing animal behavior, milk production and herd health
• The use of machine learning algorithms in cost prediction
• The use of smart systems in optimizing feeding, reproductive management and health monitoring

2. Training in calculating cost from zero to one hundred (Speaker: Managers Company)

This topic was one of the main parts of the workshop and included:

• Introducing standard methods in the livestock industry
• Explaining cost allocation models in production and fattening units
• How to calculate fixed, variable, overhead, depreciation and opportunity costs
• Examining common challenges of livestock units in determining the actual price of production

Next, real examples of livestock data were analyzed and a standard model for calculating cost was presented.

3. Training on cattle simulation for 18-month budget formulation (Speaker: Pars Holding, Rayan Software)

Participants were introduced to the following processes using simulation models:

• Forecasting milk production, calving, culling and herd entry
• Modeling different scenarios of feed, manpower and equipment costs
• Analyzing the impact of climate change, nutrition and management policies on the cost price to calculate the next 18-month budget based on real data

4. Presentation of smart livestock farming performance and introduction of new equipment (Speaker: Managers Company)

In this section, the latest industry technologies were introduced:

• Introduction of a diverse range of sensors and directions for monitoring animal health and behavior
• Intelligent ventilation, feeding and production management systems
• Data analysis software and decision-making dashboards
• Support for proposed projects
• Support for startups
• Creation of a specialized committee to follow up on the issues raised in the meeting

5. Review of the performance of various modern units (Speaker: Pars Holding)

In this section, the latest status of livestock farming covered by Pars Holding was reviewed

• Calculation of labor, material, and overhead coefficients based on the latest report by company
• Review of the impact of cost on financial statements
• Review of target indicators and actual indicators resulting from cost
• Review of the use of cost in determining top companies and ranking

 

Excerpts from the talks

• Mr. Rabiei in the opening speech: The presence of managers and experts present at the workshop of the largest The gathering of “the country’s capital in the production and financial sectors” is a gathering, and the decisions made in this meeting can affect the future direction of the industry.

We are obliged to adopt solutions based on logic, national laws, and valid standards that will lead to a sustainable improvement in the country’s livestock farming situation.

In his final speech, while surveying various units, he emphasized the importance of increasing the role of this holding in providing the country with protein.

• Dr. Musapour: As this holding has established its position in the Iranian industry in the past years, it is necessary to always be a leader, and to achieve this goal, holding specialized meetings will be more and more on the agenda of the holding.

We have always supported new developments in the country’s livestock farming industry, and projects such as Farangar, Rayan, and Bahay-e-Kashteh are proof of this claim.

• Referring to the changes in recent years in the fields of human resources, climate, and consequently data-driven animal husbandry, Mr. Vakili said:

The main reason for our focus on the development and use of animal husbandry data over the past five years has been the real need of the industry; a need that inevitably leads industrial animal husbandry towards smart animal husbandry. Our mission is to significantly increase the accuracy of the country’s resource consumption in protein production

 

This two-day course is an important step towards smart cost management and increasing productivity in the animal husbandry industry.