Analysis of Packaging Raw Material Requirements in Inventory Management PT. XYZ
DOI:
https://doi.org/10.38035/dijefa.v2i3.862Keywords:
Packaging raw materials, Forecasting, Economic Order Quantity (EOQ), Reorder Point, Safety Stock, Total Inventory CostAbstract
This study aims to determine the grouping of packaging raw material inventory and inventory planning that can minimize the total inventory cost of packaging raw materials at PT. XYZ. The population in this study is secondary data in the form of purchasing, production, and supply of packaging raw materials with sample data as much as the period January 2020 - December 2020. Data analysis methods used Minitab software and POM QM. The results show that the EOQ method can save the total inventory cost of fast moving-vital product in 2021 is Rp. 143,066 with the total number of requests being 1,227,214 pcs higher than the company's current method.
References
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Heizer, J., Render, B., & Munson, C. (2014). Operation Management?: Sustainability and Supply Chain Management (12th Editi).
Hudori, M., & Tarigan, N. T. B. (2019). Pengelompokan Persediaan Barang dengan Metode FSN Analysis (Fast, Slow and Non-moving) Berdasarkan Turn Over Ratio (TOR). Jurnal Citra Widya Edukasi, 11(2), 205–215.
Jayanti, N. K. D. A., & Prapitasari, L. P. A. (2015). Penerapan Metode EOQ ( Economic Order Quantity ) Pada Peramalan Stok Barang. Konferensi Nasional Sistem & Informatika 2015, 648–653.
Kaltum, U., Pramudya, U. W., & Zusnita, W. O. (2018). Pengendalian Persediaan Slow Moving Item PT PLN ( Persero ) Area Bandung. Jurnal Manajemen Bisnis Indonesia, 5(3), 412–424.
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Margono, S., & Lestari, Y. D. (2015). Determine the appropriate inventory model in tang company. JOURNAL OF BUSINESS AND MANAGEMENT, 4(4), 501–509.
Mathew, A., Nair, S., & Joseph, J. (2013). Demand Forecasting For Economic Order Quantity in Inventory Management. International Journal of Scientific and Research Publications, 3(10), 1–6.
Merkuryeva, G., Valberga, A., & Smirnov, A. (2019). Demand forecasting in pharmaceutical supply chains?: A case study Demand forecasting in pharmaceutical supply chains?: A case study. Procedia Computer Science, 149, 3–10. https://doi.org/10.1016/j.procs.2019.01.100
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Nugraha, E. Y. (2017). Analisis Metode Peramalan Permintaan Terbaik Produk Oxycan pada PT . Samator Gresik. 8–9.
Palanisamy, M., & Ranganathan, R. (2016). Prioritized Fsn Analysis Of Inventory Management In Private And Hospital Pharmacy Followed By Questionnaire. International Research Journal Of Pharmacy . ISSN 2230 – 8407, 7(12), 104–113. https://doi.org/10.7897/2230-8407.0712155
Pasaribu, C. H. K., Madelan, S., & Saluy, A. B. (2021). Single and Multifactor Productivity Analysis of Manual and Automatic Machines at Powder Coating Company PT . TKM in Bekasi. International Journal of Innovative Science and Research Technology. ISSN No:-2456-2165, 6(2), 518–524.
Purwanto, S. A., & Jumiyati. (2018). Analisis Economic Order Quantity, Safety Stock Dan Reorder Point Terhadap Efisiensi Biaya Persediaan Produk Downy pada PT Laut Timur Ardiprima Di Tanjung Redeb. CAM Journal?: Change Agent For Management Journal (EISSN 2621-0975) (PISSN 2622-3856), 2(2), 249–258.
Rakicevic, Z., & Vujosevic, M. (2015). Focus Forecasting In Supply Chain?: The Case Study Of Serbian Journal of Management, 10(1), 3–17. https://doi.org/10.5937/sjm10-7075
Raphella, A., Nathan, G., & G, C. (2014). Inventory Management- A Case Study. International Journal of Emerging Research in Management &Technology ISSN: 2278-9359, 3(3), 94–102.
Rizky, C., Sudarso, Y., & Sadriatwati, S. eka. (2016). Analisis Perbandingan Metode Eoq Dan Metode Poq Denganmetode Min-Max Dalam Pengendalian Persediaan Bahan Baku pada PT Sidomuncul Pupuk Nusantara, Careza Rizky, Yuli Sudarso, Sri Eka Sadriatwati. Admisi Bismis ISSN 1411 – 4321, 11–22.
Rufaidah, A., & Fatakh, A. (2018). Analisis Pengendalian Persediaan Bahan Baku Dengan Menggunakan Metode Economic Order Quantity (EOQ) Di PT. X. KAIZEN?: Management Systems & Industrial Engineering Journal. ISSN 2620-5610., 1(2), 40–45.
Russell, R. S., & Taylor, B. W. (2011). Operations Management (7th Editio). JOHN WILEY & SONS, INC.
Saluy, Ahmad Badawi., Sugiyono, Sugiyono.(2018) "The Global Impact on Creative Economy Development for Local Tourism Destination” The 3th International Conference on Management, Economics, and Business (ICMEB), Vol.3. page.185
Saluy, A. B., Musanti, T., & Mulyana, B. (2018). Pengaruh Pelatihan, Motivasi Kerja Dan Kompetensi Terhadap Kinerja Personel Di Makosek Hanudnas I. Journal Of Management And Business Review, jilid, 16, 87-109
Sanny, L., & Felicia, M. (2014). Strategy of Optimization Inventory: Case Study in Private Manufacturing in Construction Field Company in Indonesia. Journal of Applied Sciences. ISSN 1812-5654, 14(24), 3538–3546.
Simulation, M. C. (2013). Forecasting Demand for Automotive Aftermarket Inventories. 17(2), 119–129. https://doi.org/10.12948/issn14531305/17.2.2013.10
Sinaga, D., Madelan, S., & Saluy, A. B (2021). Analysis Supply Chain Management Performance Using SCOR Method in Compressor Distributor Company at PT. Pola Petro Development. International Journal of Innovative Science and Research Technology, Volume 6, Issue 2, February – 2021,Page 91-102.
Sofiyanurriyanti, Nashruddin, I., & Roikhan. (2018). Perencanaan Dan Pengendalian Persediaan Bahan Baku Tahu Dengan Metode Economic Order Quantity ( EOQ ) pada CV. Lahan Faedah. KAIZEN?: Management Systems & Industrial Engineering Journal. ISSN 2620-5610, 1(2), 64–73.
Sofiyanurriyanti, & Syarifuddin, M. (2018). Analysis of Raw Material Inventory Control for a Minimum Total Cost Method with EOQ ( Economy Order Quantity ) in PT . Citra Abadi Bosco Gresik. International Journal Of Science, Engineering, And Information Technology E-ISSN 2548-4214, 02(02), 73–77.
Suryani, & Can, D. (2018). Analisis pengendalian persediaan sistem manajemen persediaan bahan baku kemasan. Jurnal INTECH Teknik Industri Universitas Serang Raya ISSN 2407-781X, e-ISSN 2655-2655, 4(2), 65–70.
Suzulia, M. T., & Saluy, A. B. (2020). The Effect of Capital Structure, Company Growth, And Inflation On Firm Value With Profitability As Intervening Variable (Study On Manufacturing Companies Listed On Bei Period 2014-2018). Dinasti International Journal Of Economics, Finance & Accounting, 1(1), 95-109.
Unsulangi, H. I., Jan, A. H., & Tumewu, F. (2019). Analisis Economic Order Quantity ( EOQ ) Pengendalian Persediaan Bahan Baku Kopi pada PT. Fortuna Inti Alam. Jurnal EMBA. ISSN 2303-1174, 7(1), 51–60.
Vaisakh, P. S., Dileeplal, J., & Unni, V. N. (2013). Inventory Management of Spare Parts by Combined FSN and VED ( CFSNVED ) Analysis. International Journal of Engineering and Innovative Technology (IJEIT)., 2(7), 303–309.
Wongmongkolrit, S., & Rassameethes, B. (2011). The Modification of EOQ Model under the Spare Parts Discrete Demand?: A Case Study of Slow Moving Items. Proceedings of the World Congress on Engineering and Computer Science. ISSN: 2078-0966, II.
Agustiandi, D., Madelan, S., & Saluy, A. B. (2021). Quality Control Analysis Using Six Sigma Method to Reduce Post Pin Isolator Riject in Natural Drying PT Xyz. International Journal of Innovative Science and Research Technology. ISSN No:-2456-2165., 6(1), 1417–1426.
Apriyani, N., & Muhsin, A. (2017). Analisis Pengendalian Persediaan Bahan Baku Dengan Metode Economic Order Quantity Dan Kanban pada PT Adyawinsa Stamping Industries. OPSI – Jurnal Optimasi Sistem Industri . ISSN 1693-2102, 10(2), 128–142.
Baroto, T. (2002). Perencanaan dan Pengendalian Produksi (A. N & L. Krisnawati, eds.). Indonesia: Ghalia Indonesia.
Devarajan, D., & Jayamohan, M. S. (2015). Stock control in a chemical firm?: combined FSN and XYZ analysis. Procedia Technology, 24, 562–567. https://doi.org/10.1016/j.protcy.2016.05.111
Dewi, A. U., Madelan, S., & Saluy, A. B. (2021). Analysis of the Application of Total Quality Management in Lens Products in PT . XYZ. Scholars Bulletin, 7(3), 14–20. https://doi.org/10.36348/sb.2021.v07i03.001
Dewi, I. P. C. P., Herawati, I. N. T., & Wahyuni, I. M. A. (2019). Analisis Pengendalian Persediaan Dengan Metode ( EOQ ) Economic Order Quantity Guna Optimalisasi. Jurnal Akuntansi Profesi I. e-ISSN?: 2686-2468, 10(2), 54–65.
Dristiana, F., & Sukmono, T. (2015). Pengendalian persediaan bahan baku obat dengan menggunakan metode eoq probabilistik berdasarkan peramalan. Spektrum Industri, 13(2), 181–192.
Firdaus, A. F., Madelan, S., & Saluy, A. B. (2021). Supplier / Partnership Selection System Analysis Based on Analytic Hierarchy Method Process in Oil and Gas Drilling Project (Case Study: PT. KMI). International Journal of Innovative Science and Research Technology. ISSN No:-2456-2165, 6(3), 403–411.
Heizer, J., Render, B., & Munson, C. (2014). Operation Management?: Sustainability and Supply Chain Management (12th Editi).
Hudori, M., & Tarigan, N. T. B. (2019). Pengelompokan Persediaan Barang dengan Metode FSN Analysis (Fast, Slow and Non-moving) Berdasarkan Turn Over Ratio (TOR). Jurnal Citra Widya Edukasi, 11(2), 205–215.
Jayanti, N. K. D. A., & Prapitasari, L. P. A. (2015). Penerapan Metode EOQ ( Economic Order Quantity ) Pada Peramalan Stok Barang. Konferensi Nasional Sistem & Informatika 2015, 648–653.
Kaltum, U., Pramudya, U. W., & Zusnita, W. O. (2018). Pengendalian Persediaan Slow Moving Item PT PLN ( Persero ) Area Bandung. Jurnal Manajemen Bisnis Indonesia, 5(3), 412–424.
Kumar, Y., Khaparde, R. K., Dewangan, K., Dewangan, G. K., Dhiwar, J. S., & Sahu, D. (2017). FSN Analysis for Inventory Management – Case Study of Sponge Iron Plant. International Journal for Research in Applied Science & Engineering Technology (IJRASET). ISSN: 2321-9653, 5(2), 53–57.
Margono, S., & Lestari, Y. D. (2015). Determine the appropriate inventory model in tang company. JOURNAL OF BUSINESS AND MANAGEMENT, 4(4), 501–509.
Mathew, A., Nair, S., & Joseph, J. (2013). Demand Forecasting For Economic Order Quantity in Inventory Management. International Journal of Scientific and Research Publications, 3(10), 1–6.
Merkuryeva, G., Valberga, A., & Smirnov, A. (2019). Demand forecasting in pharmaceutical supply chains?: A case study Demand forecasting in pharmaceutical supply chains?: A case study. Procedia Computer Science, 149, 3–10. https://doi.org/10.1016/j.procs.2019.01.100
Mitra, S., Reddy, M. S., & Prince, K. (2015). Inventory Control Using FSN Analysis – A Case Study on a Manufacturing Industry. International Journal of Innovative Science, Engineering & Technology, ISSN 2348 – 7968, 2(4), 322–325.
Nadkarni, R., & Ghewari, A. (2016). International Journal of Engineering , Business and Enterprise Applications ( IJEBEA ) An Inventory Control using ABC Analysis and FSN Analysis. International Journal of Engineering, Business and Enterprise Applications, ISSN?: 2279-0039, 24–28.
Nishad, I., & Arunkumar. (2018). Analysis of Inventory Management by Using Economic Order Quantity Model - A Case Study. International Journal for Research in Applied Science & Engineering Technology (IJRASET) ISSN: 2321-9653;, 6(VI), 309–315.
Nugraha, E. Y. (2017). Analisis Metode Peramalan Permintaan Terbaik Produk Oxycan pada PT . Samator Gresik. 8–9.
Palanisamy, M., & Ranganathan, R. (2016). Prioritized Fsn Analysis Of Inventory Management In Private And Hospital Pharmacy Followed By Questionnaire. International Research Journal Of Pharmacy . ISSN 2230 – 8407, 7(12), 104–113. https://doi.org/10.7897/2230-8407.0712155
Pasaribu, C. H. K., Madelan, S., & Saluy, A. B. (2021). Single and Multifactor Productivity Analysis of Manual and Automatic Machines at Powder Coating Company PT . TKM in Bekasi. International Journal of Innovative Science and Research Technology. ISSN No:-2456-2165, 6(2), 518–524.
Purwanto, S. A., & Jumiyati. (2018). Analisis Economic Order Quantity, Safety Stock Dan Reorder Point Terhadap Efisiensi Biaya Persediaan Produk Downy pada PT Laut Timur Ardiprima Di Tanjung Redeb. CAM Journal?: Change Agent For Management Journal (EISSN 2621-0975) (PISSN 2622-3856), 2(2), 249–258.
Rakicevic, Z., & Vujosevic, M. (2015). Focus Forecasting In Supply Chain?: The Case Study Of Serbian Journal of Management, 10(1), 3–17. https://doi.org/10.5937/sjm10-7075
Raphella, A., Nathan, G., & G, C. (2014). Inventory Management- A Case Study. International Journal of Emerging Research in Management &Technology ISSN: 2278-9359, 3(3), 94–102.
Rizky, C., Sudarso, Y., & Sadriatwati, S. eka. (2016). Analisis Perbandingan Metode Eoq Dan Metode Poq Denganmetode Min-Max Dalam Pengendalian Persediaan Bahan Baku pada PT Sidomuncul Pupuk Nusantara, Careza Rizky, Yuli Sudarso, Sri Eka Sadriatwati. Admisi Bismis ISSN 1411 – 4321, 11–22.
Rufaidah, A., & Fatakh, A. (2018). Analisis Pengendalian Persediaan Bahan Baku Dengan Menggunakan Metode Economic Order Quantity (EOQ) Di PT. X. KAIZEN?: Management Systems & Industrial Engineering Journal. ISSN 2620-5610., 1(2), 40–45.
Russell, R. S., & Taylor, B. W. (2011). Operations Management (7th Editio). JOHN WILEY & SONS, INC.
Saluy, Ahmad Badawi., Sugiyono, Sugiyono.(2018) "The Global Impact on Creative Economy Development for Local Tourism Destination” The 3th International Conference on Management, Economics, and Business (ICMEB), Vol.3. page.185
Saluy, A. B., Musanti, T., & Mulyana, B. (2018). Pengaruh Pelatihan, Motivasi Kerja Dan Kompetensi Terhadap Kinerja Personel Di Makosek Hanudnas I. Journal Of Management And Business Review, jilid, 16, 87-109
Sanny, L., & Felicia, M. (2014). Strategy of Optimization Inventory: Case Study in Private Manufacturing in Construction Field Company in Indonesia. Journal of Applied Sciences. ISSN 1812-5654, 14(24), 3538–3546.
Simulation, M. C. (2013). Forecasting Demand for Automotive Aftermarket Inventories. 17(2), 119–129. https://doi.org/10.12948/issn14531305/17.2.2013.10
Sinaga, D., Madelan, S., & Saluy, A. B (2021). Analysis Supply Chain Management Performance Using SCOR Method in Compressor Distributor Company at PT. Pola Petro Development. International Journal of Innovative Science and Research Technology, Volume 6, Issue 2, February – 2021,Page 91-102.
Sofiyanurriyanti, Nashruddin, I., & Roikhan. (2018). Perencanaan Dan Pengendalian Persediaan Bahan Baku Tahu Dengan Metode Economic Order Quantity ( EOQ ) pada CV. Lahan Faedah. KAIZEN?: Management Systems & Industrial Engineering Journal. ISSN 2620-5610, 1(2), 64–73.
Sofiyanurriyanti, & Syarifuddin, M. (2018). Analysis of Raw Material Inventory Control for a Minimum Total Cost Method with EOQ ( Economy Order Quantity ) in PT . Citra Abadi Bosco Gresik. International Journal Of Science, Engineering, And Information Technology E-ISSN 2548-4214, 02(02), 73–77.
Suryani, & Can, D. (2018). Analisis pengendalian persediaan sistem manajemen persediaan bahan baku kemasan. Jurnal INTECH Teknik Industri Universitas Serang Raya ISSN 2407-781X, e-ISSN 2655-2655, 4(2), 65–70.
Suzulia, M. T., & Saluy, A. B. (2020). The Effect of Capital Structure, Company Growth, And Inflation On Firm Value With Profitability As Intervening Variable (Study On Manufacturing Companies Listed On Bei Period 2014-2018). Dinasti International Journal Of Economics, Finance & Accounting, 1(1), 95-109.
Unsulangi, H. I., Jan, A. H., & Tumewu, F. (2019). Analisis Economic Order Quantity ( EOQ ) Pengendalian Persediaan Bahan Baku Kopi pada PT. Fortuna Inti Alam. Jurnal EMBA. ISSN 2303-1174, 7(1), 51–60.
Vaisakh, P. S., Dileeplal, J., & Unni, V. N. (2013). Inventory Management of Spare Parts by Combined FSN and VED ( CFSNVED ) Analysis. International Journal of Engineering and Innovative Technology (IJEIT)., 2(7), 303–309.
Wongmongkolrit, S., & Rassameethes, B. (2011). The Modification of EOQ Model under the Spare Parts Discrete Demand?: A Case Study of Slow Moving Items. Proceedings of the World Congress on Engineering and Computer Science. ISSN: 2078-0966, II.
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2021-07-06
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