Abstract
A large amount of inventory in the company makes high inventory cost, while low inventory will risk the occurrence of shortage of inventory. The research was conducted at Barjaz Company, to find out how the raw material inventory system applied by the company, and whether the system is efficient or not. Methods of data collection is done by conducting interviews to parties related to inventory and observation on the object under study. Data analysis techniques used are; EOQ analysis, determining safety stock, determining reorder point, determining maximum inventory, calculating inventory turnover and calculating total inventory cost. The results show that the inventory system applied today is still not effective. Companies should conduct inventory control system using EOQ method. With the implementation of EOQ, the company's inventory turnover value increased and the company issued a total inventory cost of Rp 1,099,982, lower than the company's inventory control system at Rp 1,671,100.
Highlights
A large amount of inventory in the company makes high inventory cost, while low inventory will risk the occurrence of shortage of inventory
The results show that the inventory system applied today is still not effective
International Journal of Business Excellence, 10(3), pp: 24-32
Summary
Perusahaan melakukan pembelian bahan baku apabila kuantitas persediaan yang tersisa kurang lebih cukup untuk kebutuhan produksi selama 5 hari untuk teh Thailand original dan greentea, dan 1 hari untuk teh beras merah, jadi tidak ada perhitungan reorder point di perushaan.
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