Fish Focus: Topics Covering Alaska Seafood
Alaska Seafood How To: Streamline Your Fisherman Payment Operations
As an Alaska Seafood Processor, you want to be the best option to fish for so your fishermen keep coming back and understanding what they deal with can help you achieve that. So, before you decide on your practice for paying your fishermen, consider their perspective.
Consider Your Fishermen’s Perspective
Your fishermen’s responsibilities go far beyond simply catching seafood and delivering it to you, as do their stresses. Regardless of when they’ll get paid, your fishermen have to fork out the money for taxes, fees, permits, maintenance, etc., which is especially taxing (pun intended) when you consider the fact that your fishermen can never be certain how much money they’ll make in any given season until the money is in their hand – or bank account. In addition to the patience and uncertainty they must have, your fishermen have crews to manage and crew shares they have to pay out from what they make on their catch. Essentially, your fishermen are managing their own businesses so whatever you can do to take things off their plate can set you apart from the competition by better serving your fishermen. One way you can do this is by streamlining your payment operations for fishermen…Read More
Alaska Fish Ticket Repricing Best Practices
Repricing at the end of an Alaska fishing season can be daunting. But, by following our four steps of best practices, this process can get easier and more efficient year over year.
Step 1: Audit Fish Tickets & Make Corrections
As the fishing season ends, it’s time to figure out final prices so you can pay your fishermen and report for ADF&G purposes. But hold on! Before you start making price adjustments, you need to audit your fish ticket data and make any corrections so that when you do reprice, you know you’re repricing the right tickets. For instance, maybe there was an error made on a fish ticket that caused an applicable premium not to be applied so if you were to reprice all tickets with that premium, that fish ticket wouldn’t get the reprice – AKA: that’s an error that needs to be corrected before you reprice. While auditing your data is tedious (we’re not going to lie), the time it can save you by catching the error before you reprice is well worth the effort. If you have the bandwidth, maybe consider auditing your fish ticket data on a regular schedule throughout the season so the effort at the end of the season isn’t as big.
Pro tip: Using a system that can automatically apply premiums to fish tickets that meet the criteria you set is a great way to reduce auditing needs and have the peace of mind that your data is accurate!…Read More
Northscope Food ERP Helps Purchase Over 269 Million Pounds of Alaska Seafood in 2019
Throughout 2019, NorthScope Food ERP helped its Alaska Seafood Processing users purchase approximately 269,006,400 pounds of Alaska Seafood from fishermen. These purchased pounds include salmon of various species, as well as non-salmon catch, including pollock, herring, crab and more. While final numbers won’t be reported to the Alaska Department of Fish and Game (ADF&G) until early 2020, the preliminary salmon harvest summary shows that this year’s harvest ranked eight among harvests since 1975, with Sockeye salmon accounting for about 27% of the harvest and 64% of the total value.
And, as the 2019 Alaska fishing season comes to an end and seafood processors finalize their fish tickets, make post-season price adjustments, and get prepared to report to ADF&G the total values they paid to fishermen in 2019, the Northlake Partners (NLP), creators of NorthScope Food ERP, is looking forward to supporting more Alaska Seafood Processing business in the future…Read More
Fish Ticket Repricing: How To Set Expectations With Your Fishermen
Let’s face it, your Alaska fishermen have their choice of processors to sell their fish to and you may not always be the processor offering top dollar for their catch, so what can you do to keep them happy and fishing for you? You may be surprised by how much people are willing to sacrifice for better communication, clarity, and consistency. So, even if you aren’t offering the highest dollar amount, you can make sure you’re offering the highest amount of communication, clarity, and consistency and that can help you SEAl the deal [we had to]. And it all starts with setting expectations around repricing.
1. Set Expectations Around What Will Happen When the Repricing Does
For your fishermen to stay happy fishing for you, they shouldn’t be wondering about how they’ll get paid and what the amount they’ll get paid is based on. So, you need to tell them what they can expect before they’re left confused and concerned. You can do this by explaining to your fishermen the following…Read More
NorthScope ERP Makes Fisherman Loan Management Easier for Alaska Seafood Processors in Q3
As a venture that began and finished in the third quarter of 2019, NorthScope, ERP software for Alaska Seafood Processing, has expanded its Fisherman Loan management capabilities. To make NorthScope’s Fisherman Loan management more robust, the ability to automate interest charges and payments on Fisherman Loan balances was added.
The new ability to automate Fisherman Loan interest charges allows NorthScope users to calculate and process interest charges on Fisherman Loan balances on an annual or monthly interest rate for multiple fishermen at a time, providing an accurate and efficient solution to charging interest on Fisherman Loans. Similarly, the added functionality to automate Fisherman Loan interest payments allows users to do the same for payments on Fisherman Loan balances.
Prior to Q3, NorthScope users could easily manage Fisherman Loans with functionalities to track individual loans to fishermen, charge interest on Fisherman Loans, print and distribute loan statements, apply payments to Fisherman Loans and apply Fish Ticket balances to Fisherman Loans but could not automate the interest or payments on Fisherman Loans…Read More
While Fish Sales Go Up, So Do Consumers’ Demand For Transparency – What Does It Mean For You?
Fish sales are up – hooray! But how do you make sure your fish sales go up, too?
While 44% of American and British consumers have added more fish to their diets over the past five years, according to the most recentFeed4Thought survey, sustainability paired with transparency is driving consumers to the fish they buy. So, to answer our previously posed question – you make your fish sales go up by using sustainable methods and being transparent. Now for part two to this question – how do you do that?
The biggest factor in this move toward fish consumption is health. But, it’s not only the health benefits to consumers that is driving this consumption, it’s the health of the fish and the environment as well…Read More
NorthScope ERP Software Expands Support for Alaska Seafood Processors
Creators of NorthScope Launched New Alaska Seafood Processing ERP Features in 2018
Throughout 2018, the Northlake Partners, creators of NorthScope ERP software, invested in expanding NorthScope’s features to further support Alaska Seafood Processing. Today, they announced their list of new features that are available with NorthScope. Key features announced for Alaska Seafood Processors include:
- More than 50 enhancements to the on-screen inquiries.
- New capabilities to import, void, correct, and create reversing journal entries.
- Enhancements to Vendor Management and building AP Check Batches.
- Re-designed the layout and added several features to the Fish Ticket transaction.
- Ability to automate Observer Taxes as well as Fish Ticket taxes based on delivery location.
- Added Price Lists for Fish Tickets, Fisherman Sales, and Local Customer / Employees Sales.
- Improved eLandings integrations; and much more!…Read More
Introducing NorthScope for the Alaskan Seafood Industry
NorthScope™ for Microsoft Dynamics® GP has been invaluable to customers in the food manufacturing industry. From sales orders and contracts, to inventory and logistics management and more, NorthScope offers the best software solution to food manufacturers and distributors. Every feature is hand-tailored specifically for the industry, and our team works with customers to discover, develop, and implement all included features. Recently, the NorthScope team has worked closely with customers in the Alaskan Seafood industry to bring forward a new set of tools, built specifically for fishing companies involved in Alaskan Seafood processing.
Whether you manage fishing boats catching crab, salmon or halibut, tenders delivering fresh catches to the docks, employee payroll and deductions, prepare month-end close, or enter fish tickets following the standards set by the Alaska Department of Fish & Game (ADF&G), NorthScope has the tools you need to do your job faster and with more accuracy…Read More