Medicine inventory control by considering expiry periods and product returns using the Always Better Control (ABC) analysis and the handley within model of Economic Order Quality (EOQ) at pharmacies in Indonesia

This study aims to control medicine inventories by considering the expiration period and the product return using The Always Better Control (ABC) analysis and The handley within model of Economic Order Quantity (EOQ). The results of this study indicate that there are 21% of medicines or 22 types o...

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Main Authors: Sukendar, Irwan, Sugiyono, Andre, Monfiqotusshifa, Monfiqotusshifa
Format: Article
Language:English
Published: UUM College of Business 2020
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Online Access:http://repo.uum.edu.my/28098/1/JTOM%2015%202%2020%2032.pdf
http://repo.uum.edu.my/28098/
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Institution: Universiti Utara Malaysia
Language: English
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spelling my.uum.repo.280982021-01-19T07:10:40Z http://repo.uum.edu.my/28098/ Medicine inventory control by considering expiry periods and product returns using the Always Better Control (ABC) analysis and the handley within model of Economic Order Quality (EOQ) at pharmacies in Indonesia Sukendar, Irwan Sugiyono, Andre Monfiqotusshifa, Monfiqotusshifa HD28 Management. Industrial Management This study aims to control medicine inventories by considering the expiration period and the product return using The Always Better Control (ABC) analysis and The handley within model of Economic Order Quantity (EOQ). The results of this study indicate that there are 21% of medicines or 22 types of medicines belonging to group A with the use of 74.64%. for group B there were 25% drugs or 28 types of drugs with a budget use of 15.31% of all medicines. Meanwhile, there are 55% of medicines or 60 types of medicines belonging to group C with the use of a budget of 10.05% of the total medicines and the calculation using the EOQ method by considering the expiration period and product returns in this research has a more optimal order size compared to the previous method so that it can minimize expired medicines and estimate which medicines will expire at the end of the cycle so that the total cost of supplies at the pharmacy is more optimal. UUM College of Business 2020 Article PeerReviewed application/pdf en http://repo.uum.edu.my/28098/1/JTOM%2015%202%2020%2032.pdf Sukendar, Irwan and Sugiyono, Andre and Monfiqotusshifa, Monfiqotusshifa (2020) Medicine inventory control by considering expiry periods and product returns using the Always Better Control (ABC) analysis and the handley within model of Economic Order Quality (EOQ) at pharmacies in Indonesia. Journal of Technology and Operations Management, 15 (2). pp. 20-32. ISSN 1823-514X http://e-journal.uum.edu.my/index.php/jtom
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutional Repository
url_provider http://repo.uum.edu.my/
language English
topic HD28 Management. Industrial Management
spellingShingle HD28 Management. Industrial Management
Sukendar, Irwan
Sugiyono, Andre
Monfiqotusshifa, Monfiqotusshifa
Medicine inventory control by considering expiry periods and product returns using the Always Better Control (ABC) analysis and the handley within model of Economic Order Quality (EOQ) at pharmacies in Indonesia
description This study aims to control medicine inventories by considering the expiration period and the product return using The Always Better Control (ABC) analysis and The handley within model of Economic Order Quantity (EOQ). The results of this study indicate that there are 21% of medicines or 22 types of medicines belonging to group A with the use of 74.64%. for group B there were 25% drugs or 28 types of drugs with a budget use of 15.31% of all medicines. Meanwhile, there are 55% of medicines or 60 types of medicines belonging to group C with the use of a budget of 10.05% of the total medicines and the calculation using the EOQ method by considering the expiration period and product returns in this research has a more optimal order size compared to the previous method so that it can minimize expired medicines and estimate which medicines will expire at the end of the cycle so that the total cost of supplies at the pharmacy is more optimal.
format Article
author Sukendar, Irwan
Sugiyono, Andre
Monfiqotusshifa, Monfiqotusshifa
author_facet Sukendar, Irwan
Sugiyono, Andre
Monfiqotusshifa, Monfiqotusshifa
author_sort Sukendar, Irwan
title Medicine inventory control by considering expiry periods and product returns using the Always Better Control (ABC) analysis and the handley within model of Economic Order Quality (EOQ) at pharmacies in Indonesia
title_short Medicine inventory control by considering expiry periods and product returns using the Always Better Control (ABC) analysis and the handley within model of Economic Order Quality (EOQ) at pharmacies in Indonesia
title_full Medicine inventory control by considering expiry periods and product returns using the Always Better Control (ABC) analysis and the handley within model of Economic Order Quality (EOQ) at pharmacies in Indonesia
title_fullStr Medicine inventory control by considering expiry periods and product returns using the Always Better Control (ABC) analysis and the handley within model of Economic Order Quality (EOQ) at pharmacies in Indonesia
title_full_unstemmed Medicine inventory control by considering expiry periods and product returns using the Always Better Control (ABC) analysis and the handley within model of Economic Order Quality (EOQ) at pharmacies in Indonesia
title_sort medicine inventory control by considering expiry periods and product returns using the always better control (abc) analysis and the handley within model of economic order quality (eoq) at pharmacies in indonesia
publisher UUM College of Business
publishDate 2020
url http://repo.uum.edu.my/28098/1/JTOM%2015%202%2020%2032.pdf
http://repo.uum.edu.my/28098/
http://e-journal.uum.edu.my/index.php/jtom
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