IMPROVING INVENTORY MANAGEMENT WITH MATERIAL REQUIREMENT PLANNING (MRP) IN FASHION SMALL BUSINESS

The rapid development of current fashion, Soigne Adornment is one fashion company that focuses on accessories. The high market demand in industrial fashion is very dependent on the supply and productivity of the company in making products. The operating system must be prepared carefully. As one of t...

Full description

Saved in:
Bibliographic Details
Main Author: Diaz Rifa Fakhriyah, Siti
Format: Final Project
Language:Indonesia
Online Access:https://digilib.itb.ac.id/gdl/view/41025
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Institut Teknologi Bandung
Language: Indonesia
Description
Summary:The rapid development of current fashion, Soigne Adornment is one fashion company that focuses on accessories. The high market demand in industrial fashion is very dependent on the supply and productivity of the company in making products. The operating system must be prepared carefully. As one of the companies in industrial fashion, Soigne Adornment is required to maintain the operating system. Soigne Adornment itself had experienced a number of operational problems in production, because it did not have an appropriate schedule and demand forecast, so it suffered losses. Losses experienced from several aspects, namely from overstock of raw materials and late to orders. These problems affect the company's performance and have an impact on sales. The research aims to make demand forecast and find the most effective method to minimize production costs. Therefore, using Material Requirement Planning (MRP) can overcome the problems that have occurred. The research that is required to be done first is to determine the number of forecasting requests in a qualitative way, namely an interview with the Jury of Executive Opinion method by interviewing the owner of the Soigne Adornment and interviewing the owner of the Velor Jewels Company. After the forecasting data has been collected, researchers conduct production scheduling using the Master Production Schedule (MPS), Bill of Material (BOM), and Lead Time. After the scheduling process is complete, an analysis is conducted to find the lowest production costs using the Lot-Sizing technique through three methods, namely Lot-For-Lot (L4L), Economic Order Quantity (EOQ), and Period Order Quantity (POQ). The results of the most effective research to produce the 3rd collection is the Economic Order Quantity (EOQ) method. Therefore, using the Material Requirement