BlueFood Performance (BFP) – FIFO Performance Tool
Global
What is it?
Blue Food Performance (BFP) empowers the seafood sector with science-based strategies, dashboards, and tools that drive sustainable growth and measurable business value.
- Access to easy-to-use metrics that are widely endorsed and grounded in robust scientific principles.
- Leveraging high-resolution marine ingredient data—including species-specific meals and oils from whole fish, by-products, and their omega-3 content—the tool enables comprehensive calculations. The tool also offers the option to utilise representative average values for non-species-specific whole fish and by-product meals and oils.
- Scoring of conventional FIFO metrics (FFDRmeal, FFDRoil, and FIFO mass no by-products).
- Scoring of LCA aligned FIFO metrics based on mass (mFIFO), and economic (eFIFO) allocation. Economic allocation creates incentives to use fish by-products in meals and oils, reducing the risk of food/feed competition. Acknowledging the need to also account for the use of terrestrial feed resources.
- Exclusive access to the new nutrient FIFO (nFIFO) metric using mass (nmFIFO), and economic (neFIFO) allocation. nFIFO demonstrates management of key nutrition (omega-3) efficiencies that are a major consideration for marine ingredient inclusion and efficiency.
- Gain insights into the effects of price adjustments (by-products, fishmeal, and fish oil) on economically allocated FIFO metrics, linked to volatile supplies.
- A benchmarking feature that allows you to compare FIFO performance against species-specific industry average diets and assess the impact of ingredient changes.
The peer-reviewed Fish In: Fish Out (FIFO) tool helps you measure and optimise your FIFO ratio, compare species diets, and benchmark alternative ingredient scenarios. Try it for free and access the following features: