3.4 Cost Model Set Up – Cost File and Price File

Cost File: Please reference the Cost File training manual for guidance on how to set up.

Price File: Please reference the Price File training manual for guidance on how to set up.

Note: Once key section to Pay attention to in the Price file set up is outlined below:

We currently distinguish our line item values as ‘Fixed’ and ‘Variable’ costs.

Fixed Prices: Products which are sold externally as traded commodity such as bones & fat. These are products that you as a Supplier would have limited ability to impact, as the price is determined by the market.

Variable Prices = Products that you as a Supplier use for your own internal use.

Note: Trimmings are classed as a fixed price product. This is because we see it as a commoditised product, as its price is driven from global markets