PENURUNAN BIAYA-BIAYA OPERASI UNTUK MENINGKATKAN KEUNTUNGAN PADA PT. XYZ

• Main Author: Irzam, Mohamad
• Format: Theses
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/1452
• Institution: Institut Teknologi Bandung

PT. XYZ is a national private company and a sole agent of some European manufacturers who sell electrical, medical, electronics and telecommunication equipment. Besides selling products, PT. XYZ also offers system engineering, constructions and after sales services. From the business market point of view, due to high and stable market growth, PT. XYZ actually has very good business prospect. But, on the other hand, this attractive market also encourages a lot of companies to enter this business, so the competition is getting tough and finally will reduce the profit of PT. XYZ. Higher profit could be.obtained by increasing sales and reducing expenses. But, however, in tough competition the increase in sales is usually followed by the decrease in profit margin. The examination of the problems will be how to reduce the operation expenses in order to increase the profit by identifying the real problems encountered by PT. XYZ and then analyzing any sources which cause the problems. These will be done by field research and literature study. The examination comes up with the conclusion that the high operating expenses are caused by the order cost, the unpaid receivable and the bank interest. The financial performance of PT. XYZ is also poor. It can be seen from financial ratios which show very low profitability, not high enough activity, very low liquidity and very high leverage. It is then carried on by evaluating the cost structure, the management of receivable, inventory and financial resources. From the evaluation, it is realized that even it is not so easy to reduce all the expenses, but PT. XYZ is able to increase its profit by implementing good management in receivables and inventories and selecting the best financial resources. PT. XYZ should also be able to anticipate the changes in economic sector, for instance by reducing its debt to total assets ratio in order to minimize risk that might be caused by depreciation of local currency.