Material Price Fluctuations Research Articles

Strategi Pengembangan Bisnis Pada Umkm Daging Segar Kios PD Rai Raka di Pasar Caringin

This study aims to develop business strategies for PD Rai Raka, an SME engaged in selling fresh beef at Pasar Caringin, Bandung. The research addresses challenges such as intense competition with digitalized competitors, raw material price fluctuations, and the lack of modern marketing strategies. The qualitative approach with descriptive-analytical techniques was employed. Data were collected through in-depth interviews, observations, and document analysis, then processed using the SWOT matrix to identify strengths, weaknesses, opportunities, and threats. The analysis revealed that PD Rai Raka has strengths in product quality, strategic location, and loyal customers. However, weaknesses such as limited digitalization and inconsistent product quality hinder business growth. Opportunities, including digitalization trends and strategic partnerships, can be leveraged to expand the market. Threats from digital-savvy competitors and fluctuating raw material prices require adaptive strategies. In conclusion, PD Rai Raka’s business development can be achieved through digital integration, product diversification, efficient stock management, and modern promotion strategies. These measures are expected to enhance competitiveness and business sustainability in a dynamic market environment.

Sustainability of Infrastructure Development in Indonesia: A Legal Analysis of Price Adjustments in Construction Contracts

This study examines the mechanism of price adjustments in construction contracts in Indonesia from philosophical, juridical, and practical perspectives. The background of this issue stems from fluctuations in construction material prices, which often threaten the sustainability of infrastructure projects. To address this issue, this study aims to analyze the philosophical foundations and legal doctrines underlying the price adjustment mechanism, evaluate the regulatory framework in Indonesia, and formulate recommendations to enhance the effectiveness of dispute prevention and resolution mechanisms. Employing a juridical-normative research method, this study analyzes the principle of contractual fairness and the doctrine of rebus sic stantibus as the foundation for price adjustments. The results show that Law Number 2 of 2017, Presidential Regulation Number 16 of 2018, and their implementing regulations have regulated the mechanism of price adjustments; however, their implementation still faces obstacles in the form of administrative complexity and transaction costs. To increase the effectiveness of this mechanism, the standardization of price adjustment clauses referring to international best practices, such as the FIDIC contract standards, is needed. In addition, optimization of a digital technology-based price information system, capacity building for stakeholders, and development of effective dispute resolution mechanisms, mainly through arbitration, are necessary. In conclusion, this study affirms that harmonising philosophical foundations, legal doctrines, adaptive regulations, and effective dispute prevention and resolution mechanisms is the key to optimizing price adjustments in construction contracts to support the investment climate and sustainable infrastructure development in Indonesia.

Perbandingan Kinerja Keuangan Perusahaan Pulp dan Kertas di Indonesia

The paper industry plays a crucial role in supporting the economy, particularly in Indonesia, through the printing, packaging, and export-import sectors. However, technological advancements have introduced new challenges, demanding companies to manage resources efficiently and improve financial performance. This research adopts a descriptive comparative method, analyzing the financial performance of five pulp and paper companies: PT Indah Kiat Pulp & Paper Tbk, PT Alkindo Naratama Tbk , PT Suparma Tbk, PT Fajar Surya Wisesa Tbk, and PT Toba Pulp Lestari Tbk. The study uses financial reports from 2019 to 2023 and evaluates liquidity, solvency, profitability, and activity ratios. Results indicate that INKP demonstrates the best liquidity, SPMA excels in activity efficiency, and SPMA also leads in solvency ratios. INKP records the highest profitability. Major challenges include raw material price fluctuations, market demand shifts, and sustainability requirements. The study concludes that to enhance competitiveness, companies should improve asset management and optimize financial structures. This approach aims to help firms face industry competition and seize future opportunities.

ANALISIS STRATEGI PT BUMYANG GLOVE DI YOGYAKARTA DALAM PENINGKATAN DAYA SAING

PT Bumyang Glove Prime was established in 2021, with its main product being golf gloves. The company produces and distributes more than 10 types of gloves, including golf gloves, hiking gloves, riding gloves, and winter gloves. This research aims to analyze the strategies adopted by PT Bumyang Glove in Yogyakarta to enhance the company's competitiveness in the glove industry. The research method used is a qualitative approach with SWOT analysis, considering internal and external factors affecting the company. Data were obtained through interviews, field observations, and analysis of relevant documents. The results show that PT Bumyang Glove has successfully strengthened its position in the market through product diversification strategies, improving production quality, and investing in research and development. The company is also active in expanding its distribution network and forming partnerships with suppliers and potential customers. However, challenges such as intense competition, fluctuations in raw material prices, and changes in product quality standard regulations are also identified.

Usaha Keripik Lokal : Kisah Inspiratif di Balik Rasa, Tantangan, dan Kesuksesan di Desa Sugiharjo Kecamatan Batang Kuis

This research aims to examine in more depth the business journey, challenges and strategies for developing the local chips business in Sugiharjo Village, Batang Kuis District, Deli Serdang Regency. The local chips business is a popular economic choice because of the easy availability of raw materials and stable market demand. This research uses qualitative methods with a field observation approach and structured interviews. The research results show that despite facing various challenges such as limited capital and fluctuations in raw material prices, this chips business was able to develop thanks to innovation in the production process and digital marketing strategies. This research concludes that the success of a local chips business depends on technological adaptation, appropriate marketing strategies, and efficient resource management. It is hoped that these findings can contribute to local culinary MSMEs in facing challenges and developing their businesses.

ANALISIS ASPEK LINGKUNGAN, SUMBER DAYA MANUSIA, PEMASARAN PABRIK KARET PT. DARMA KALIMANTAN JAYA

This study aims to assess the performance of a rubber factory that has implemented good and environmentally friendly production practices. However, the factory faces serious challenges related to the uncertainty of raw material supply. In this study, we used a qualitative approach, collecting data through in-depth interviews with the deputy factory manager and direct observation of the ongoing operational processes. The results of the study indicate that the rubber factory has met the established environmental standards. Waste management is carried out in accordance with applicable regulations, thus making a positive contribution to environmental sustainability. However, the factory experiences difficulties in procuring raw materials due to price fluctuations and the impact of climate change, which in turn affects production capacity and marketing planning. The factory management has attempted to overcome these challenges by establishing strategic partnerships with local farmers and diversifying raw material sources. Recommendations from this study emphasize the importance of risk mitigation strategies related to raw material price fluctuations and increasing cooperation with various parties to ensure sustainable supply.

Developing Competitive Advantage Strategies for MSMEs: A Case Study of Aroma Khas Poncokusumo Tempe Chips in Malang Regency

This research utilizes Porter's Five Forces analysis to assess the development strategies for the competitive advantage of the Aroma Khas Poncokusumo Tempe Chip MSMEs. The primary advantages of these MSMEs are their unique fermentation process, consistent product quality, and high traditional value. Challenges such as the threat of substitute products, supplier dependency, and raw material price fluctuations require innovative approaches. Product diversification, branding enhancement, digital marketing, and customer loyalty programs are identified as effective solutions. These strategies are supported by workforce training and production optimization to ensure business sustainability. This holistic approach enables MSMEs to thrive in a competitive market and contribute to the local economy.

Financial Statement Analysis of BYD Company Limited

This paper takes BYD as an example to analyze its financial indicators and conduct a comprehensive DuPont analysis for the period from 2019 to 2023. The analysis reveals that the company achieved significant financial growth during this period. Both operating revenue and net profit showed an upward trend, with particularly strong growth momentum in 2022 and 2023, as net profit increased substantially. The gross profit margin and net profit margin also improved, indicating enhanced operational efficiency and effective cost control. At the same time, BYD's continuous increase in R&D investment has driven technological innovation and product upgrades. The total assets have continued to grow, reflecting the company's business expansion and strengthened capabilities. The cash flow position remains healthy, with net operating cash flow steadily increasing, providing stable financial support for the company. However, BYD faces challenges such as intensified market competition and fluctuations in raw material prices, which necessitate ongoing optimization of business strategies and operational models to maintain its leading position and competitiveness. Overall, BYD has performed outstandingly in the new energy vehicle sector, with promising prospects for future development.

Analysis of Micro Business Marketing Strategy in Facing Competition

This study is motivated by the challenges faced in the development of micro-enterprises at Bukit Sion Market, largely due to the high level of competition. Many businesses struggle to determine appropriate financing models and product offerings, as the market is saturated with similar products offered by competitors. The objective of this research is to analyze the marketing strategies employed by micro-enterprises and identify the obstacles they face in dealing with competition at Bukit Sion Market, Lahomi District. The research employs a descriptive qualitative method. The findings reveal that all food stalls adopt marketing strategies that include market selection, product planning, pricing, distribution systems, and marketing communication. Effective marketing strategies, such as offering discounts, special promotions, or hosting promotional events, have been shown to significantly boost sales. However, the food stalls encounter several challenges, including intensified competition due to the emergence of similar businesses offering comparable products, a lack of product innovation and promotion, fluctuations in raw material prices, as well as issues with product quality consistency, customer service, and overall customer experience.

Navigating Escalation Patterns in Road Construction Projects in Maharashtra

This research delves into the nuanced dynamics of escalation amounts in construction projects, differentiating their implications on residential versus road construction. Detailed analyses of four diverse projects expose distinctive patterns: Project No.1 witnesses peak steel escalation, while material, labour, and POL exhibit constancy. Project No.2 reveals material escalation as dominant, with recuperated steel and cement costs. Conversely, Project No.3 portrays negative escalations for material and POL, dominated by labour impacts. Project No.4 experiences negative escalations attributable to duration shifts. The study unveils a correlation between project duration and escalating costs, highlighting steel, material, and labour as pivotal in residential projects and labour, material, and POL in road projects. The research underscores the critical role of escalation clauses in contracts, elucidating their significance in mitigating direct impacts on project costs. The findings emphasize project-specific factors such as duration, material price fluctuations, project nature, client-contractor dynamics, and governmental policies shaping escalation outcomes.

A Survey of Data-Driven Construction Materials Price Forecasting

The construction industry is heavily influenced by the volatility of material prices, which can significantly impact project costs and budgeting accuracy. Traditional econometric methods have been challenged by their inability to capture the frequent fluctuations in construction material prices. This paper reviews the application of data-driven techniques, particularly machine learning, in forecasting construction material prices. The models are categorized into causal modeling and time-series analysis, and characteristics, adaptability, and insights derived from large datasets are discussed. Causal models, such as multiple linear regression (MLR), artificial neural networks (ANN), and the least square support vector machine (LSSVM), generally utilize economic indicators to predict prices. The commonly used economic indicators include but are not limited to the consumer price index (CPI), producer price index (PPI), and gross domestic product (GDP). On the other hand, time-series models rely on historical price data to identify patterns for future forecasting, and their main advantage is demanding minimal data inputs for model calibration. Other techniques are also explored, such as Monte Carlo simulation, for both price forecasting and uncertainty quantification. The paper recommends hybrid models, which combine various forecasting techniques and deep learning-advanced time-series analysis and have the potential to offer more accurate and reliable price predictions with appropriate modeling processes, enabling better decision-making and cost management in construction projects.

Аналіз ефективності маркетингових заходів аграрних підприємств у процесі освоєння глобальних ринків

The article is devoted to studying the effectiveness of marketing measures implemented by agricultural enterprises when entering global markets. The study aims to analyze, systematize, and improve the existing theoretical and methodological framework for evaluating the effectiveness of marketing measures of agricultural enterprises in this context. The article discusses the essence of marketing measures for agricultural enterprises when entering global markets. It reveals that marketing measures in the agricultural sector have specific features due to natural and climatic conditions, production seasonality, and high competition in international markets. The importance of adapting products, logistics processes, and communication strategies to the demands of global markets is substantiated. Marketing measures to ensure the competitiveness of agricultural enterprises are presented, such as standardizing products according to international norms, developing long-term contracts, and implementing flexible supply chains. Special attention is given to pricing policies, which must account for fluctuations in raw material prices, energy costs, and exchange rates, as well as image-related factors, such as the reputation of the producing country. The study revealed that innovative digital technologies, such as Big Data, CRM systems, and artificial intelligence, significantly improve the effectiveness of marketing campaigns and allow enterprises to adapt more quickly to changing market conditions. Compliance with environmental standards, which has become a requirement for successful entry into international markets and increasing trust in products, is also important. The article proposes stages for analyzing the effectiveness of marketing measures, including selecting key performance indicators (KPIs), data collection, comparative analysis, and adaptation. Methods for evaluating the impact of marketing measures on strategic business objectives are provided, helping optimize strategies and achieve better results in global markets. The necessity of regular monitoring and analysis to adapt marketing strategies to changing market conditions is substantiated. The study shows that marketing measures are a key success factor for agricultural enterprises entering global markets. These measures should be adapted to the specifics of the agricultural sector and include strategic analysis of market opportunities, product adaptation, effective promotion, and innovative technologies to ensure competitiveness on the international stage. Keywords: marketing measures, marketing tools, agricultural enterprises, global markets, competitiveness, environmental standards, digitalization.

Development Strategy for Arabic Coffee Processing Business in Kreasi Kopi Medan

Various strategies and innovations are implemented as steps to achieve the desired profits and goals. However, it is also necessary to maintain business continuity for a long time and expand the business so that the wheels of the business continue to run smoothly. This research aims to analyse internal and external company factors that influence the development of Arabica coffee processing businesses in the research area, to analyse development strategies and alternative strategies for developing Arabica coffee processing businesses. The data analysis method was carried out using descriptive qualitative and using a SWOT analysis diagram. The results of this research are internal factors of strength, namely: initial business capital, attractive business name, place design, affordable prices, quality raw materials, varied menu variants, taste of coffee drinks and payment methods. Internal factors of weakness are: less strategic business location, limited workforce, service, product visuals, parking facilities and product variants that are not durable. External factors of opportunity are: consumer image, use of technology, consumers buying consistently, changes in consumer tastes, consumers buying online, adding menu variants and social media as promotion. External threat factors are: similar competitors, similar products, the existence of substitute drinks, fluctuations in raw material prices and declining consumer interest. Based on the SWOT analysis diagram, it is known that the company's position is in quadrant 1, supporting an aggressive strategy.

Analysis of palm oil raw material supplies to support sustainable economic strategies at PT Perkebunan Nusantara VIII Bogor Regency

Abstract Palm oil is a very important plantation commodity, its availability is the main source for palm oil production. Therefore, raw material supplies are an effort to support the availability of palm oil raw materials. PT Perkebunan Nusantara VIII. Companies need to pay attention to the quality of raw materials and procurement to achieve maximum production goals. Factors determining success in procuring raw materials are important, such as transportation, as well as fluctuations in raw material prices in the sustainability of processing palm oil fresh fruit bunches. This research aims to analyze factors that influence the supply of palm oil raw materials. The sample used in this research is simple random sampling. The analysis technique used is multiple linear regression. The research results show that 80% of the variables of raw material prices, raw material sources and transportation influence the supply of palm oil raw materials.

The choice of sustainable coproduction technology in a supply chain

Coproduction is recognised as a sustainable technique that promotes optimal resource use by extracting value from leftover materials that would otherwise be wasted in traditional manufacturing processes. However, the sustainability of coproduction technology in supply chains remains uncertain, subject to fluctuations in suppliers' raw material prices. In this paper, we model a decentralised supply chain consisting of a raw material supplier and a coproduction manufacturer, and investigate how their interactions affect the economic and environmental performance of coproduction. We find that manufacturers should consider adopting coproduction technology when the size of the green consumer segment is either relatively small or significantly large. Specifically, if applicable, the manufacturer will endogenously set the coproduct quality at a moderate level, maximising material utilisation. This result offers novel insights into the choice of coproduction technology within a supply chain, particularly considering that a significant motivation for manufacturers to embrace coproduction is to capture value from green consumption. Additionally, when the size of the green consumer segment is sufficiently large, the supplier can benefit from coproduction by raising the wholesale price for raw materials, creating a win-win outcome for both the supplier and the manufacturer. However, we also find that coproduction technology is not always beneficial to the environment. The manufacturer may produce large quantities of coproducts due to high demand from green consumers, leading to increased total material consumption and waste generation.

Analysis of opportunities and challenges for MSMEs business development through the implementation of sharia marketing strategy

Abstract This research aims to identify and analyze the challenges and opportunities in the business of selling young coconuts and siwalan fruit in Pekamban Village, Pragaan District. This business has great potential because young coconuts and siwalan fruit are commodities that are in demand by the public. However, traders often face various obstacles that hinder the growth of their business. The methodology used in this research is a case study method, with a qualitative approach. Data was obtained through in-depth interviews with young coconut and siwalan fruit traders, direct observation in the field, and analysis of related documentation. This research explores various factors that influence sales, such as product quality, price, competition, distribution, and marketing strategies used by traders. The research results show that the main challenges faced by traders include fluctuations in raw material prices, limited capital, intense competition, and lack of knowledge of modern marketing techniques. On the other hand, there are opportunities that can be exploited, such as increasing consumer demand for natural and healthy products, support from local governments, as well as the potential for developing processed products based on young coconuts and siwalan fruit.

ТРАНСФОРМАЦІЯ МЕНЕДЖМЕНТУ БУДІВЕЛЬНИХ ПРОЄКТІВ В УМОВАХ ГЛОБАЛЬНОЇ ЦИФРОВІЗАЦІЯ

Introduction. The article discusses the need for systemic qualitative changes in the management structure and requirements for the construction project management process in the context of digital transformation, characterized by a combination of advanced technologies and the integration of physical and digital systems. The importance of considering the problems and aspects of digital transformation in the context of new generations (a qualitatively new cluster of human capital), digital talent, changing the mindset of project managers, as well as key changes in construction project management systems in the digital environment is highlighted. Problem statement. The construction industry is a fundamental sector of the economy of any country. A construction project is a structural element of the “construction” system, which allows to form the economic effect of the industry's development as a whole. Modern construction project management includes a set of interconnected but heterogeneous subsystems that together should increase the level of economic profitability. The defining subsystems are: 1. Strategic risk management: Given the volatility of raw material markets and the high value of some materials, the introduction of circular approaches in construction management can help reduce the vulnerability of projects to risks associated with fluctuations in material prices. 2. Efficient use of resources: A central goal of construction management is to optimize the use of resources to achieve project goals. The use of circular economy principles will allow to use resources more efficiently and reduce the cost of purchasing new materials.

Analyzing Monetaray and Credit Policy of the Russian Federation in Conditions of Sancion Restrictions

The article deals with problems connected with monetary and credit policy of the Russian Federation in new economic and geo-political conditions, such as mass sanction pressure on home economy, serious fluctuations of raw material prices, drastic changes in economic logistic chains and growing needs in budget expenditure. The author showed the role of monetary and credit sphere in the system of providing national economic security in the country, investigated tools of monetary and credit policy in conditions of sanctions and analyzed and assessed key trends that are realized by the Bank of Russia and aimed at overcoming economic after-effects of sanctions. The article fixed characteristics of the monetary and credit system which can be considered safe. Steps of the Bank of Russia aimed at overcoming economic after-effects and minimization of threats for the monetary and credit system were studied. It was shown that innovation development of the banking system is still a promising trend that includes the project of using the digital profile aiming at higher accessibility of finance resources and minimization of negative consequences of sanction restrictions. And finally, the author came to the conclusion that high degree of openness of such policy can increase confidence on the part of economic relation entities to the Central Bank of the Russian Federation as a key monetary and credit institution.

Exploring causes of ineffective material management and impact on successful project deliverables in civil engineering construction projects in Sri Lanka

Purpose Construction material management plays a significant role in achieving successful project delivery of a construction project. However, ineffective material management is a critical issue in the construction industry, especially in developing economies, of which Sri Lanka is not an exception. Therefore, this study aims to focus on exploring the causes of ineffective material management practices in civil engineering construction projects in Sri Lanka and their impact on successful project delivery. Design/methodology/approach Furthermore, the literature findings were validated through the preliminary survey. Subsequently, a quantitative research approach was adopted to pursue the research aim. Questionnaire responses were obtained from 215 construction professionals in civil engineering projects who were selected using the judgemental and snowball sampling techniques. Collected data were analysed through Statistical Package for the Social Sciences (SPSS) V26 and Microsoft Excel 2016. Findings Moreover, the study revealed that material price fluctuation, shortage of material in the market, delay in material procurement, inadequate planning and delays in material delivery are the most frequent causes of ineffective material management in civil engineering projects. In addition, it was evidenced that most ineffective material management practices cause both time and cost overruns in civil engineering construction projects. Most respondents emphasized inadequate planning, inadequate qualified and experienced staff, lack of supervision and lack of leadership as the causes for both time and cost overruns. Originality/value The study was concluded by proposing strategies for effective material management. Education/training/enlightenment of staff in charge of materials management, use of software like Microsoft Project, Primavera and similar software to eliminate manual errors in material management, and providing clear specifications to suppliers were the most agreed strategies for effective material management in civil engineering construction projects.

Internal and External Factors Competitiveness of Sinia. Co Coffee Shop in Lampung Province

This research aims to analyze internal and external factors that influence the competitiveness of Coffee at Sinia. Co. This research was conducted in Bandar Lampung. This location was chosen deliberately. The research period will be carried out from April to September 2023. In this research, informants were determined using purposive sampling with the judgment sampling category to answer problems related to internal and external factors. Respondents consisted of three people from the Sinia.Co Coffee Shop business and four academics in the agricultural socio-economic field whose research focus was related to competitiveness and coffee. Using a qualitative phenomenological research approach, this investigation seeks to explore a holistic view rather than dissect the individual components that comprise the whole. Sinia.Co Coffee Shop has built a strong presence in the coffee industry by leveraging these internal strengths. Affordable prices, distinctive taste, supporting facilities, and easy accessibility, the weaknesses consist of a limited menu, limited promotions, and brands that are not yet well known. In contrast, for external factors, the opportunities consist of the coffee-drinking lifestyle and developments in information technology, while The threats it faces consist of competitors and fluctuations in raw material prices.