Abstract
The main goal of each company is to optimize the company's profit because it will have an impact on business continuity and the most important element in achieving this goal is the existence of inventory in the form of goods. Then a good company is a company that has a good and neat system in terms of collecting data on the production of goods and their inventory. This study aims to determine the inventory of goods available in Company X and improve the data input system at the company.
Highlights
Inventory is a current activity that includes all goods belonging to the company with the intent and purpose of being able to be sold within a period or still in the company's production process or goods are ready to be used in production machines. both trading companies and manufacturing companies must always rely on inventory
The availability of raw materials can affect the smoothness of the production process if there is a shortage of raw materials which results in the production process being temporarily stopped
The following is the need for raw materials, usage and residual iron raw materials can be seen in the following table: Table 2
Summary
Inventory is a current activity that includes all goods belonging to the company with the intent and purpose of being able to be sold within a period or still in the company's production process or goods are ready to be used in production machines. both trading companies and manufacturing companies must always rely on inventory. If the minimum and maximum levels have been set, it can minimize orders for raw materials if the inventory is too maximum. This is to avoid the amount of inventory can be too big or too small. The advantage of using this method is that you can find out the minimum to maximum inventory in the warehouse by arranging an inventory ordering plan according to the company's needs. The application of the min-max method is able to make forecasts in the previous year, making the benchmark for the year so that the warehouse can meet the total production capacity and the maximum stock of raw materials so that there is no waste of inventory costs. The application of the min-max method is intended to avoid too much inventory which can hamper the smooth production process
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