Abstract

Inventory of raw materials is one of the main elements to produce products in various industrial fields. Raw material inventory control is an important concern for the manufacturing industry. PT Alra Makmur Cahaya Selaras is a manufacturing company engaged in the fashion sector in Yogyakarta. Calculations in controlling raw material inventories are very important to reduce excessive expenses. The EOQ method is one of the appropriate methods to be applied to find out the best amount of raw material inventory needed by a company to maintain smooth production with an efficient cost. This method is often used because it is easy to implement and is able to provide the best solution for the company, this is proven by using the EOQ method not only to know the most efficient amount of inventory but also to know the costs to be incurred by the company. This study aims to determine how the influence of raw material inventory control on cost efficiency at PT Alra Makmur Cahaya Selaras. The type of research used is descriptive quantitative research, which is a quantitative research described in statistical numerical form that aims to discuss problems that are described, described, compared a data or situation, described and explained the results of the research. Data collection was carried out by means of interviews, documentation and observation. The results of this study indicate that by using the EOQ method the costs incurred can be more efficient when compared to calculations from PT Alra Makmur Cahaya Selaras.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.