Business in Hafar Al-Batin, and the part Aqid ERP plays
Hafar Al-Batin, in the north of the Eastern Province, has one of the Kingdom's largest livestock markets, and its chamber of commerce has a committee for the trade. In the weeks before Eid al-Adha traders come from Qassim, Riyadh, Madinah and Dammam to buy, many of them contracting early for their supply. Much of what is sold has been fattened on feed for the season, so the price of feed moves the market.
For a trader the year runs in lots: animals bought from breeders and other traders, barley and fodder bought by the load while prices rise, and the selling packed into a few busy weeks. Aqid ERP keeps the animals as stock by head at weighted average cost, tags each lot's feed and costs to it, and shows what the lot earned once it is sold.