The System of Inventory Forecasting in PT. XYZ by using the Method of Holt Winter Multiplicative

Abstract

Problems at PT. XYZ currently only rely on manual bookkeeping, then the cost of production will swell and all investments invested to be less to predict sales and inventory of goods. If the inventory prediction of goods is to large, then the cost of production will swell and all investments invested to be less efficient. Vice versa, if the inventory prediction is too small it will impact on consumers, so that consumers are forced to wait for the desired product. Therefore, in this era of globalization, the development of computer technology has become a very important part in every business plan. Almost of all companies, both large and small, use computer technology. By utilizing computer technology, people can make time in solving complex business problems. Computer technology for companies has become an indispensable activity to provide enhancements to the business services they manage but systems and technologies are not limited to the distribution model and data processing but the existing system must be able to analyze the possibilities of future company capabilities. Therefore, the company must be able to forecast conditions and circumstances, either from inventory of goods, force, or profits to be obtained. To forecast it, the data of total sales from December 2014 to December 2016 will be calculated by using the method of Holt Winters, which is the method of time series prediction (Multiplicative Seasonal Method) it is seasonal data that has increased and decreased, also has 4 equations i.e. Single Smoothing, Trending Smoothing, Seasonal Smoothing and Forecasting. From the results of research conducted, error value in the form of MAPE is below 1%, so it can be concluded that forecasting with the method of Holt Winter Multiplicative.