Automotive Companies In Indonesia Research Articles

PENGARUH PEMBERIAN INSENTIF PAJAK PPNBM KENDARAAN BERMOTOR DI TENGAH PANDEMI

The COVID-19 pandemic has had a negative influence on economic growth in Indonesia, to overcome this, one of the efforts of the Indonesian government is by providing incentives in the form of reducing taxation, in this case Luxury Goods Sales Tax (PPnBM) on the sale of motor vehicles. This study aims to measure the effectiveness of the policy by comparing car sales data in the period before and after the Covid-19 pandemic. The method used is quantitative descriptive with snowball sampling techniques with the population being all automotive companies in Indonesia, then the data is tested using SPSS tools with data normality test techniques to t-test tests. The results of this study show that the Indonesian government's policy by providing PPnBM incentives to motor vehicles has proven to have a significant positive effect on the sales of motor vehicles (cars) in Indonesia, both in the categories that get incentives and those that do not get incentives are also encouraged in terms of sales. Key words: Tax Incentive; Tax Policy; Luxury Sales Tax

Dinamika Kebijakan Keuangan dan Dampaknya terhadap Valuasi Saham dalam Sektor Otomotif Indonesia

The automotive sector in Indonesia has a key role in the country's economic growth. Automotive company financial policies, such as the use of debt and dividend distribution, have become important topics of discussion in the context of the dynamics of automotive company stock prices. Therefore, this study aims to investigate the effect of debt policy and dividend policy on stock prices of automotive companies in Indonesia. This study uses historical data on debt policy, dividend policy, and stock prices of automotive companies listed on the Indonesia Stock Exchange (IDX) for the last 5 years. Panel regression analysis is used to measure the effect of debt policy and dividend policy on stock prices. The results of the study show that debt policy and dividend policy have a significant influence on the stock prices of automotive companies in Indonesia. More specifically, this study found that the wise use of debt and the right dividend policy can have a positive impact on the stock value of automotive companies.

Critical Success Factors for Internet of Things (IoT) Implementation in Automotive Companies, Indonesia

In 2018, the Indonesian government launched the Making Indonesia 4.0 Roadmap under The Industrial Revolution 4.0 era. This road map aims to increase industrial competitiveness and make the nation one of the world’s top 10 economies by 2030. The role of the Internet of Things (IoT) in The Industrial Revolution 4.0 is important to improve work efficiency and reduce companies’ costs. Although several manufacturing companies in Indonesia have successfully implemented this technology, so it is important to identify the critical success factors in its application for other companies. Therefore, this study discusses the essential factors of success for implementing IoT in automotive companies in Indonesia, which have differing specific application characteristics from the conditions in other countries. The Delphi method obtained data from 8 dimensions and 32 sub-dimensions. These included the finance, regulatory, people and management, operation, technology, innovation, ideas, and resource dimensions. Other automotive companies can use the results as a reference in implementing IoT and evaluating and improving their business performance, as well as formulating the right strategy to achieve excellence in the long term.

COMPARATIVE ANALYSIS OF WORK EFFICIENCY MEASUREMENTS IN THE WIRE HARNESS INDUSTRY

PT XYZ is a company engaged in the wiring harness assembly industry that supplies products to automotive companies in Indonesia. The product of this company is a variant of the part number wiring harness, each of which has a different processing time and employee needs in the assembly process. In the production process for Part No 22-66779-00, PT XYZ divides the work line into three parts, namely the head assembly process (assembly of the product head), the body (assembly of the product body), and the end (assembly of the product tail). The work is conducted based on these parts by many manpower. The problem is that because social distancing is applied, work efficiency in each production line becomes less than optimal. Work productivity decreases and the finished product is past its delivery deadline. In this study, we analyze two scenarios of assembly work on wire harness products. The first scenario is to assemble the head, body, and end separately as PT XYZ has done in the field. While the second scenario is to assemble the heads separately and then carry out the assembly process with the assembly results from the body and end lines (mix body and end). It is resulting in a more efficient assembly process with a lack of time used. The transformation makes improved total time in all the activity processes faster in 2756.38 seconds. The productivity has an increase of 10% than using scenario 1.

Analysis of Profitability Determinants and Effect Value of Automotive Companies in Indonesia

The study analyzes the financial performance of automotive companies' firm value on the Indonesia Stock Exchange. The financial performance is DER, CR, and company size. The secondary data was a company report, which is eight companies. The panel data regression using Eviews 11.0 to analyze hypotheses. The finding of the t-test of the DER, CR and Firm size negatively and significantly affect profitability; therefore, profitability on firm value has no significant impact. Partially DER positively affects firm value; CR and size have no significant effect on firm value. Profitability as a mediating increases the impact of DER, CR, and firm size on firm value. CR, and firm size, have a positive and significant effect on firm value. The Company should pay attention to the liquidity ratio because the most influential in reducing profitability in the future. Therefore, the investors must check the company's cashflow in order to understand company's liquidity level.

Asset Misappropriation Employee Fraud: A Case Study on an Automotive Company in Indonesia

This study is aimed to provide an exploration of asset misappropriation employee fraud and its prevention program on an automotive company in Indonesia. This study is a case study researches collecting data by document analysis and interviews with ten informants from various departments to obtain more in-depth information about the occurrence of fraud. This study found that the most popular types of fraud on automotive company are manipulation of customer account payments (lapping), embezzlement of customer deposits that are not deposited to the company (skimming) and theft of inventory. The driving factors for committing fraud are financial pressure, lifestyle extravagant, opportunities for fraud, and lack of understanding of fraudulent behavior. Employee fraud disrupts company’s operations, consumes work time and manpower, and damages the business reputation. Fraud causes the company to incur unnecessary financial losses and expenses that will affect the company's sustainability in the future.
 Keywords: asset misappropriation, employee fraud, automotive company

The Effect of Perceived Organizational Support, Psychological Well-Being, and Person Job Fit on Organizational Commitment through Organizational Citizenship Behavior (OCB) as Variable Intervening in Automotif Companies

The purpose of this study is to determine the effect of perceived organizational support, psychological well-being, and person job fit on organizational commitment through OCB as an intervening variable in automotive companies. The research method used in this research is quantitative. The population in this study are automotive companies in Indonesia that are listed on the BEI as many as 12 companies. The data in this study are obtained by distributing questionnaires through the G-Form. The data collected is then analyzed using Structural Equation Model (SEM) analysis with the help of smart PLS applications. research results showthere issignificant positive influence between variables organizational citizenship behavior on organizational commitment, there is a significant negative effect between the variablesperceived organizational support for organizational commitment, there is a significant positive effect between perceived organizational support on organizational citizenship behavior, there is a significant positive effect between the variables of person job fit to organizational commitment, there is a significant positive effect between the variables person job fit on organizational citizenship behavior, there is a significant positive effect between psychological well-being on organizational citizenship behavior ,there is a significant positive effect between perceived organizational support on organizational commitment mediated by organizational citizenship behavior, there is a significant positive effect of person job fit on organizational commitment mediated by organizational citizenship behavior, there is a significant positive effect between psychological well-being on organizational commitment mediated by organizational citizenship behavior, there is a significant negative effect between psychological well-being on organizational commitment.

Understanding Customer Insights Through Big Data: Innovations in Brand Evaluation in the Automotive Industry

Abstract. Insights gained from social media platforms are pivotal for businesses to understand their products’ present position. While it is possible to use consulting services focusing on surveys about a product or brand, such methods may yield limited insights. By contrast, on social media, people frequently express their individual and unique feelings about products openly and informally. With this in mind, we aim to provide rigorous methodologies to enable businesses to gain significant insights on their brands and products in terms of representations on social media. This study employs conjoint analysis to lay the analytical groundwork for developing positive and negative sentiment frameworks to evaluate the brands of three prominent emerging automotive companies in Indonesia, anonymized as “HMI,” “YMI,” and “SMI.” We conducted a survey with a sample size of n=67 to analyze the phrasings of importance for our wording dictionary construction. A series of data processing operations were carried out, including the collection, capture, formatting, cleansing, and transformation of data. Our study’s findings indicate a distinct ranking of the most positively and negatively perceived companies among social media users. As a direct management-related implication, our proposed data analysis methods could assist the industry in applying the same rigor to evaluating companies’ products and brands directly from social media users’ perspective. Keywords: Brand image, social media, data analytics, sentiment analysis, conjoint analysis

Comparative Analysis of Financial Performance Upon Automotive Companies Registered in BEI

This research was conducted to determine the financial performance of automotive companies listed on the IDX for the period 2012 to 2015. This type of research is a quantitative descriptive study, with a total population of 13 companies and a sample of 6 automotive companies that have been selected from the population with using purposive sampling method. The data analysis method used is a comparison method consisting of a cross sectional approach and time series analysis. The results show that the results of calculations using the cross-sectional approach, automotive companies in Indonesia for the 2012-2015 period experienced fluctuations and experienced a decline in the industry average at the end of 2015 and many automotive companies were in unhealthy condition in the 2012-2015 period. Based on the results of time series analysis of automotive companies in 2012-2015, it is known that the Total Assets Turn Over has decreased, the results on Net Profit Margin have decreased, the results on the current ratio have decreased, the result of the leverage ratio has increased. The management of automotive companies in Indonesia needs to increase investment in assets, because if the level of liquidity is high but the investment in assets is small, the money or cash available will only be stored and have less value for the company.

4 financial distress models for analysis of companies before and during the covid-19 pandemic: Surveys in automotive companies in indonesia

It is undeniable that the influence of Covid-19 has hit all directions, from upstream to downstream. One of the sectors that has really felt the impact of Covid-19 is the automotive sector, especially since the implementation of the PSBB. Automotive manufacturers must close their production facilities as long as the government has not granted a permit. This is in line with the weakening public purchasing power for automotives. It took a long time for the automotive industry to emerge from the slump of this pandemic. © 2021 Karadeniz Technical University. All rights reserved.

The Analysis of PRISM Performance in PT. XYZ

The intense competition between companies in Indonesia in getting the opportunity to become one of the suppliers of multinational companies requires extra value in showing the ability and quality of the company. Many companies don’t know the quality and capabilities to compete. PT. XYZ, which has become one of the suppliers in the largest automotive company in Indonesia, also has a similar problem, we found that the company uses performance measurement which is not quite accurate in knowing the actual condition of the company. In this research, we know that performance prism is the right performance measurement for the company, this makes it easier for the company to know which parts need to be fixed immediately to achieve the predetermined targets.

Quality Function Deployment for Quality Performance Analysis in Indonesian Automotive Company for Engine Manufacturing

The research aimed to improve the quality problem from the previous plant that contributed to the Rate of Quality (RQ) and Overall Equipment Effectiveness (OEE) value in Cylinder Block Machining (CBM). The research was done in one of an automotive company in Indonesia. It had been applying Total Productive Maintenance (TPM) with Kaizen spirit to make continuous improvement even though this company had reached a world-class level on the Japan Institute of Plant Maintenance (JIPM) standard. To express the needs and wants of the current machining plant and improve quality problems from the previous process in the casting plant, the researchers used Quality Function Deployment (QFD) method. From the result, it is known that shrinkage defect at a casting product becomes the priority of the kaizen team to achieve next process customer satisfaction in a machining plant to increase the RQ and OEE value. By implementing improvement based on the highest value of Technical Priorities (TP) from House of Quality (HOQ), it can increase RQ value in CBM from 96,4% in December 2018 to 97,9% in February 2019. Then, OEE value increases from 92% to 93% within two months.

Pemilihan Pemasok Dengan Mempertimbangkan Produksi Bersih/Green Manufacturing Pada Industri Otomotif

This study aims to select the best suppliers based on Fuzzy-AHP and ELECTRE methods in multinational automotive companies in Indonesia. Fuzzy AHP method is used to determine the weight of criteria and sub-criteria in reducing uncertainty and unclear information. Meanwhile, the ELECTRE method is used to rank alternative suppliers. Both methods are used to reduce subjective decisions and improve the accuracy of selected suppliers. After applying Fuzzy AHP and ELECTRE methods, the supplier chosen for the steel fuel tank is S1, for side beam impact is S2, wheel disc is S2, Seat is S1, door trim is S2, lamp is S3, headlining is S3, insulator is S1 and hose is S3.Keywords: JIT, supplier performance, Fuzzy-AHP, ELECTRE

Design of a Motorcycle Frame at an Automotive Company in Indonesia

Design of a Motorcycle Frame at an Automotive Company in Indonesia

PLC Omron CJ1M CPU-21 Control Modification for Drill Oil Hole Machine in an Automotive Company

Nowadays, PLC (Programmable Logic Control) is one of the common controlling devices in machines in the industry, including the automotive industry. An automotive company in Indonesia that produces component motorized vehicles in the form of pistons using machines that controlled by PLC. Piston is one of the main automotive components in motor vehicles that play a role in the combustion process. In the order of making piston there is a process of making oil holes which is carried out using a Drill Oil Hole (DOH) machine. This machine currently uses on / off operation mode use push-button. In addition, there is no interface to display information needed by machine and maintenance operators. There are some modifications that will be made to the drive section to synchronize between the engine and the robot. This paper presents a review of the modification of DOH engine controls using the CPU-21 CJ1M Omron PLC with an interface in the form of a Human Machine Interface (HMI) to provide information and set data needed.

The Determinant On Earnings Persistence In Automotive Companies In Indonesia

The purpose of this study was to determine the effect of the variable Current Ratio, Total Debt To Total Assets, Total Assets Turnover, Return On Assets, on earnings persistence. This study uses secondary data, namely the annual financial statements of automotive companies listed on the Indonesia Stock Exchange in the 2014-2018 period. The sample selection uses a purposive sampling method. The data source is the financial ratios of automotive companies listed on the IDX. Methods of data analysis using the classic assumption test, multiple linear regression, T-test, F-test and the coefficient of determination. The results showed that partial earnings persistence expressed in financial ratios consisting of the Return On Assets (ROA) variable significantly affected earnings persistence, while the Current Ratio (CR), Total Debt To Total Asset (TDTA) and Total Assets Turnover (TATO) has no significant effect on earnings persistence. While the results of the study simultaneously stated in financial ratios consisting of CR, TDTA, TATO, and ROA independent variables stated that together the independent variables had no significant effect on earnings persistence. R Square value of 0.028 can be interpreted that CR, TDTA, TATO and ROA of 2,8% while the remaining 97,2% is influenced by other variables not examined.
 Keywords: Current Ratio, Total Debt To Total Assets, Total Assets Turnover, Return On Assets, Earnings Persistence

Analysis Quality Control of Garnish Back Door License in Injection Molding Process Using DMAIC Method and VSM Method at PT. Suzuki Indomobil Motor

PT. Suzuki Indomobil Motor is a leading automotive company in Indonesia that produces products in the form of cars and motorcycles, a quality phenomenon that occurred during January 2019 at PT. Suzuki Indomobil Motor there is a high silver streak defect in the injection molding section with 169 back door license garnish that are attached to the machine A02. With this phenomenon, this study aims to determine the injection molding process using value stream mapping and improve the quality of the garnish back door license products using the DMAIC. The results obtained showed that there was a changeover time dies on the Machine A02 that was as high as 57.15 minutes with uptime values and the highest type of defect was obtained using the pareto diagram namely silver streak defect with a percentage of 43%. So from the recommendations obtained by using the value stream mapping to minimize the changeover time dies of the Machine A02, namely by heating the dies first before dies go up to the injection machine, and recommendations obtained from the DMAIC method that is by controlling the stock of material and temperature in the hopper dryer.

ANALISIS EVENT HONDA BIKERS DAY 2018 SEBAGAI MAIN TOOLS DALAM BAURAN KOMUNIKASI PEMASARAN PT ASTRA HONDA MOTOR

This study aims to find out the Bikers Day 2018 event as a main tool in the marketing communication mix of PT Astra Honda Motor (AHM). The method used in this research is a descriptive qualitative case study. The Bikers Day 2018 event was held to maintain consumer loyalty. As the largest automotive company in Indonesia which has a high level of sales, this event is an AHM's effort to maintain its existence. This event that embraces the consumers’ community won the ‘Best of the Best Maintaining Loyalty Event’ in the annual Mix Magazine award, Indonesia Most Experiential Brand Activation 2018, proving its success in packaging the community-based marketing and loyalty event. To cite this article (7 th APA style): Wijoyo, R. A. N. & Wahyuni, I. I. (2019). Analisis Ajang “Honda Bikers Day 2018” sebagai Main Tools dalam Bauran Komunikasi Pemasaran [The Analysis of “Honda Bikers Day 2018” Event as Main Tools of Marketing Communication Mix]. Journal Communication Spectrum, 9 (1), 30-41. http://dx.doi.org/10.36782/jcs.v9i1.1898

DETERMINATION OF INVENTORY PERIODIC REVIEW POLICY (R, s, S) USING POWER APPROXIMATION METHOD FOR MINIMIZE TOTAL INVENTORY COST IN PT. OPQ

PT. OPQ is a company engaged in the automotive manufacturing industry. The company produces bolts for the safety area, it is related to the lower body of the four-wheeled vehicle. PT. OPQ was established in 2014 and today has already been the supplier for several major automotive companies in Indonesia. The demand of PT OPQ that must be fulfilled is increasing as the amount of consumer is increasing too. Due to the high demand, so the raw material stockout occurs. This make the company's service level is below the standard. This study involved 48 sku of material raw materials that have normal distributed demand. Inventory policy applied in this research is periodic review (R, s, S) with the aim to minimize total cost of inventory and improve service level of company. The result of this research was found to decrease total inventory cost by 15% with the value of existing inventory cost Rp1.100.879.479,- to Rp 936.061.349,- . In addition, service level at PT. OPQ has increased with the value of existing conditions 85% to 99%.

ANALYSIS OF ORGANIZATION CULTURE WITH DENISON’S MODEL APPROACH FOR AUTOMOTIVE COMPANY IN INDONESIA (CASE STUDY IN PT. XYZ)

This study aims to understand the organizational culture in one of the automotive companies in Indonesia as well as to study the level of readiness of the company in the application of organizational culture to face the highly competitive automotive business in Indonesia. Organizational culture that represents a set of value, trust and shared meaning that is applied intensively and institutionalizes will provide collective benefits that can make the organizational culture strong which will give of success to the company where success of organization depend on organizational culture because organizational culture is the most important construct in building and maintaining a company's success. This study discusses the mapping of organizational culture in one of the automotive companies in Indonesia based on the Denison cultural organization model that has four dimensions, namely mission, consistency, involvement and adaptability. The sample of 174 aimed at employees in all divisions and in all hierarchy in the company. The results of the study show that the company has a strong culture in each division of work and hierarchical companies. The company has a model that fits the four-dimensional model of Denison's Corporate culture, making the company consider having capabilities that are in line with competition in the automotive industry in Indonesia.