PROPOSED INVENTORY MANAGEMENT SYSTEM TO REDUCE SLOW MOVING AND DEADSTOCK LEVEL AT PT. PERTAMINA JOB TOMORI

• Main Author: Widyatmoko Pratama Putra, Ari
• Format: Theses
• Language: Indonesia
• Subjects: Manajemen umum
• Online Access: https://digilib.itb.ac.id/gdl/view/80741
• Institution: Institut Teknologi Bandung

Indonesia's oil and gas industry has a long history and a well-understood regulatory framework. It contributes to national revenues and economic growth, with a monopoly on the upstream gas producer. The industry has five stages including exploration, production, processing, transportation, and marketing. Upstream activities involve exploration and production, with material management being crucial for supplying material and ensuring uninterrupted productions. This research focuses on JOB Tomori, a prominent gas producer in Indonesia, grappling with inventory management issues, particularly high levels of slowmoving and deadstock materials. The study aims to identify factors contributing to this problem and propose effective strategies for optimization. The root cause analysis reveals two main issues: the "run-to-failure" practice among end-users and the incomplete categorization of Material Criticality Ratings (MCR). To address these challenges, process-based, people-based, and technology-based solutions are proposed. Process-based solutions include the formulation of a standardized process for MCR categorization and an evaluation of the current MCR categorization. People-based solutions involve training and awareness programs for end-users, emphasizing the importance of proactive maintenance and proper inventory management practices. Technology-based solutions encompass the implementation of an early warning system and the installation of banners or signs displaying real-time information about slowmoving and deadstock items. In conclusion, the research recommends a comprehensive approach involving immediate implementation of short-term solutions, such as training and awareness, develop reward and punishments and the evaluation of MCR categorization. Long-term solutions, like integrating an early warning system, should be pursued within the next 1-2 years. These recommendations aim to enhance JOB Tomori's inventory management practices, aligning with industry regulations and ensuring efficient operations while minimizing the risk of slowmoving and deadstock materials.