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By Mr Chew Kin Ken, Kemin Industries (Asia) Pte Ltd
In today’s highly competitive business landscape, having sound and effective cost management is increasingly important for feed millers. How well the feed production cost is managed will directly impact the profitability of the feed mill. Furthermore, it is challenging to minimize the feed production cost as there are several factors that can hinder the feed millers from effectively reducing the cost.
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by Chew Kin Ken - Associate Product Manager, David Tey - Senior Manager, QC and Customer Laboratory Services; Kemin Industries (Asia) Pte. Ltd.
Keeping cost low is a fundamental objective to ensure the profitability and viability of any business. Many feed millers place their focus on reducing the raw material costs to secure their profitability as it is the largest cost in the feed production. However, there is an additional way where feed millers can significantly reduce their feed cost and that is improving the milling processes.
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