INVENTORY MANAGEMENT TO REDUCE WASTED PRODUCT: CASE IN NATURALE INDONESIA COMPANY

• Main Author: Aliffa
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/41765
• Institution: Institut Teknologi Bandung

As cosmetic industry growth rapidly, Naturale Indonesia came as one of the fashion industry that focused on cosmetic based natural ingredients, located in Bandung, Indonesia. In balancing the high market demand in the cosmetic industry with company productivity, a cosmetic company should have a mature operation system. As one of cosmetic industry, Naturale Indonesia also needs to maintain their operating system which aims to prevent and solve any problems in operational activities. Naturale Indonesia has a problem in the operation process. In operation, Naturale Indonesia has a problem wasted product due to expired date because of cosmetics made from natural ingredients only last 3 to 6 months. Therefore, many products are wasted because Naturale Indonesia previously did not use planning methods, and make waste a lot of costs. Accordingly, this research was aimed to solve this problem by the Inventory management method which purposed to generate the mature production planning and optimum of quantity stock. To manage the inventory, the researcher will search the right method for Naturale cases by using method selection for inventory management. And then do the collecting data in historical data company and benchmarking to another company. The result of this research is the implementation of an inventory management method for a cosmetic company, which is a Naturale Indonesia company by using Single Period method. and benchmark to Felice Shop Company.