Joint production

What is meant by Joint production?

"Joint production" refers to a production process in which multiple products are produced simultaneously. These products can be either main products or by-products. Joint production often occurs in the chemical industry, agriculture, and metallurgy, where the processing of a single raw material results in various end products.

Typical features of software in the area of "joint production" include:

1. Raw Material Management:

   • Managing and allocating raw materials for the production of multiple products.
   • Optimizing the use of raw materials to minimize waste.

2. Production Planning and Control:

   • Planning and controlling production processes to ensure all joint products are efficiently manufactured.
   • Considering production quantities for different products to ensure optimal utilization of facilities.

3. Cost and Revenue Accounting:

   • Allocating production costs to the different joint products.
   • Calculating revenues and margins for each individual product.

4. Quality Management:

   • Monitoring and ensuring the quality of all produced products.
   • Integrating quality control mechanisms to meet the standards for each joint product.

5. Inventory Management:

   • Managing the stocks of various joint products.
   • Optimizing inventory to avoid overstocking and shortages.

6. Tracking and Traceability:

   • Tracking production batches and the raw materials used.
   • Ensuring product traceability for quality assurance and compliance purposes.

7. Reporting and Analysis:

   • Creating reports and analyses to monitor production efficiency and performance.
   • Providing data for decision-making and optimizing the production process.

Examples of "Joint Production":

1. Chemical Industry:

   • During oil refining, various products such as gasoline, diesel, kerosene, and heating oil are produced simultaneously.

2. Agriculture:

   • When an animal is slaughtered, not only meat but also products like leather, bone meal, and gelatin are produced.

3. Metallurgy:

   • During ore processing, along with the main metal, by-products such as slag, sulfur, or silicon dioxide are produced.