ANALYSIS OF RAW MATERIAL INVENTORY AT PT. ABC
PT. ABC is one of the companies engaged in the food industry, especially traditional food <br /> <br /> from Garut, West Java. The main product produce by PT. ABC is dodol. In its operation, the <br /> <br /> company has raw materials inventory. Inventory management of raw ma...
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Format: | Theses |
Language: | Indonesia |
Online Access: | https://digilib.itb.ac.id/gdl/view/29160 |
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Institution: | Institut Teknologi Bandung |
Language: | Indonesia |
Summary: | PT. ABC is one of the companies engaged in the food industry, especially traditional food <br />
<br />
from Garut, West Java. The main product produce by PT. ABC is dodol. In its operation, the <br />
<br />
company has raw materials inventory. Inventory management of raw materials becomes one <br />
<br />
of the key indicators in measuring the company's performance in operation. The key indicator <br />
<br />
is that raw materials should not be out of stock and over stock. It is set so to prevent the <br />
<br />
production process disruption so that the process runs efficiently. <br />
<br />
PT. ABC experience inventory problems of raw materials in often. Glutinous rice experience <br />
<br />
out of stock and sugar experience over stock. The root cause of the problem consists of four <br />
<br />
things; (1) there is no inventory control method, (2) there is no forecast method, (3) the <br />
<br />
company does not know how long the inventory is sufficient before it runs out, and (4) the <br />
<br />
minimum number of purchases determined by suppliers. Therefore, this study aims to solve <br />
<br />
these problems by analyzing inventory control methods and appropriate usage forecasting <br />
<br />
techniques. <br />
<br />
Inventory control method of raw materials using Economic Order Quantity (EOQ) resulted in <br />
<br />
lower inventory cost than the existing method. Inventory cost of glutinous rice in 2017 is <br />
<br />
76.640.000 IDR and if applying EOQ then the inventory cost is only 27.740.000 IDR. <br />
<br />
Inventory cost of sugar in 2017 is 93.370.000 IDR and if applying EOQ then the inventory <br />
<br />
cost is only 28.150.000 IDR. Based on this research, linear trend technique is the most <br />
<br />
appropriate usage forecasting technique for glutinous rice and sugar. |
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