Processing cooperative for natural fiber growers/producers.
Important Things To Know
Important Things To Know
Fiber should be received into the collection facility database by the end of September which marks the end of our fiscal year
Fiber is submitted to NFP with the understanding that all processing costs will be paid by the member
Production run management:
Production runs are staggered to spread out processing bills
Product Selection Guides are distributed when member fiber is included in a run
Members are invoiced for the approximate cost of their portion of the run. Payment is due within 30 days of receipt, unless otherwise stipulated
Production times vary based on the item being produced. Some products take longer than others due to having more processing steps.
Unforeseen circumstances and lack of timely payments may delay scheduled processing time.
Finished product is shipped to the distribution center in Ohio.
Final invoices will be emailed with actual number of items produced and necessary finishing processing costs. Postage will be added if product is to be shipped. Once the final invoice is paid, product will either be shipped to the farm/ranch or placed in the wholesale pool.
Wholesale Pool Management:
First in/First out: Members who pay their invoices first are the first to receive payments for sales from the wholesale pool
Payment to members is made only when the product sells.
Retains – monies required for member-funded operating expenses, dependent upon fiber submission during previous fiscal year, October 1 – September 30.
Cover overhead expenses
Set amount determined by Board of Directors
Invoiced at the beginning of each fiscal year
Once the dehairing machine is operational, member retains may be reduced by the dehairing machine patronage. Any excess patronage will be paid to the member.
Fiber should be received into the collection facility database by the end of September which marks the end of our fiscal year
