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Grieg implements Fishtalk Plan and Finance

Grieg Seafood Group chooses Fishtalk planning and budgeting tool.
24.02.2015
2015 grieg fishtalkImage: Stein Halstensen, feed coordinator in Grieg Seafood out on site.

Grieg Seafood globally has implemented Fishtalk Plan and Fishtalk Finance from AKVA group Software AS. The solution includes modules that supplement Fishtalk with Production planning, finance and budgeting.

Grieg Seafood ASA is one of the world’s leading fish farming companies, specializing in Atlantic salmon. They have an annual production capacity of more than 90 000 tons gutted weight. Grieg is present in Norway (head office), British Col-umbia (Canada) Sky and Shetland (UK) with 700 employees in total.

What is the story of Grieg Seafood?

Grieg Seafood started up in Rogaland in Norway in 1990 and during the 2000’th century the company expanded with acquisitions in Canada, merging with Volden Group in Finnmark, Northern Norway, in 2006 followed by other acquisitions in BC. Then, in 2007 Hjaltland Seafarms became part of the company on Shetland.

The Company was listed on the stock exchange in 2007. In 2010 Ocean Quality was established. Ocean Quality is owned by Bremnes Seashore (40 % ) and Grieg (60%), and this company forms the global sales organization promoting salmon and trout produced by its owners.

2015 grieg fishtalk02
Grieg Seafood, Hjaltland.​

Grieg have production sites in both Norway, Shetland and Canada, what are the main focus areas of the company?

We base our business on effective practical work and innovative solutions. Experience and competence is the foundation for safe, clean and efficient farming of high quality salmon. To ensure shared knowledge on the locations in Grieg Seafood, we have established a team of expertise where our employees can meet and exchange ideas and experience. We employ our operational managers based on to their management skills, long experience in the aquaculture business and their ability to conduct smart solutions that increase the effectivity on the sites. Our technicians are genuinely dedicated about their occupational pride, environment and welfare of the fish. We are proud to stay ahead of the technological development in the business. In addition to remaining focused on sustainable production
of salmon and trout, we take good care of our employees.

Could you tell us how it is to implement systems like Fishtalk when there are several countries involved? What is the focus? What takes time? Could you say that the farming production in the different countries becomes more alike when the processes and the systems are the same?

We have already implemented Fishtalk Control and Plan in all our regions, and now we implement Fishtalk Finance. It can be challenging introducing new systems, especially when different countries often have different cultures for handling change. We have spent a lot of time figuring what a new system can give us/contribute to and we have tried to be ahead of potential problems in order to create a positivism when changing systems. The organization has therefore been well prepared. This has made the transition quite streamlined going from an old system to a new system. We have now focused on gathering all information in one system, which improves presentation and transparency.

Aligning the systems have given us the opportunity to standardize the collection of data and to set up common routines for production planning. In the future you will see that fish farming in all countries are getting more and more standardized, but the local conditionsare still essential for optimal operation and adaptations related to main standards.

When you combine Fishtalk Plan with Finance in Fishtalk, you can estimate production cost related to one or several production plans. What do Grieg Seafood see as the most important aspect in a budget period?

We use Fishtalk Finance to simulate the effect of costs of the different biological plans. The system is fast and simple and we get answers rather quickly. When importing data from the accounting system we receive good analysis of the status of our fish generations at sea.

What is the future production of salmon, how are things in 5, 10 and 20 years from now?

We have many challenges that need to be solved in the years to come, especially to secure growth within the industry. As an example, we have a lot to undertake in order to solve the sea lice challenge. New solutions and treatments are the way to solve it. As for all industries there will be new challenges in the future that must be solved. Biological production will always be challenging since we are depending on natural conditions and fluctuations.

Other things to come will be new technological solutions within feeding and cage systems. One good example is centralized feeding. This process started decades ago and will probably continue in the future. Solutions like that will bring us more expertise in those tasks we need to solve. Sustainable production is also another topic on the agenda. We have to work together as an industry to become even better than we are today. We need to be more visible and transparent on how we operate today to show how far we have come. Aquaculture is a “young” industry that needs some years on its’ feet to get to where we need to go. However, with so many wise and competent men and women in the industry and our ability to invest in a safe and sound food production, I am sure we will overcome present and future challenges.

By Lisbeth Plassen
Sales Manager, Fishtalk Nordic
AKVA group Software AS.

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