Raw Material Prices Research Articles

Pendekatan SWOT dalam Strategi Pengembangan Usaha Keripik Kentang Bakti Rizky di Kota Padang (Meningkatkan Daya Saing Wilayah melalui Teknologi Pemasaran)

This research aims to analyze internal and external factors that affect the development of the potato chip business and formulate a strategy that can improve its performance. This research was conducted on February 16, 2024-March 16, 2024. This qualitative research uses case study observation and interview methods. Qualitative analysis will be done by describing the conditions and explaining the facts in the Bakti Rizky potato chip business in Padang City and the right strategy for the Bakti Rizky potato chip business. Quantitative analysis in this study is the calculation of IFE, EFE, and QSPM. The results showed that the strategic internal environment of Bakti Rizky's potato chip business in Padang City had strengths and weaknesses. In the external environment, namely opportunities and threats. The results of strategy formulation with SWOT analysis are as follows: (1) Maintaining affordable selling prices for all groups and increasing business scale through increasing production volumes accompanied by expanding product marketing by utilizing more modern technology (2) Increasing marketing efforts by utilizing information technology and cooperating with related agencies for training, promotion, packaging design, exhibitions and improving product quality through modern processing (3) Cooperate with raw material suppliers and increase consumer confidence by maintaining quality raw materials, despite the increase in raw material prices (4) Make product innovations in the form of attractive packaging and flavor variations such as spicy and cheese flavors to increase public buying interest and differentiate from competitors. The results of the QSPM analysis, which is a priority strategy, are increasing marketing efforts by utilizing information technology and collaborating with related agencies for training, promotion, packaging design, exhibitions, and improving product quality through modern processing.

COMMERCIAL PROPOSAL TO AN AGRICULTURAL MANUFACTURER REGARDING THE PRODUCTION OF BIODIESEL FUEL WITH THE CALCULATION OF ECONOMIC EFFICIENCY

The market of petroleum products in Ukraine, in particular diesel fuel, over the past three years has been analysed. A decrease in the use of the main types of fuel in 2022 compared to 2021 has been determined across the country due to shortages and price increases due to market reorientation in wartime conditions. The year 2023 showed an increase in the use of petroleum products due to the stabilization of supply and demand, although these volumes are still lower than in 2021. The amount of fuel used for growing of the main agricultural crops in Ukraine using various technologies is given, taking into account the productivity indicators and the area of sowing. A specific assessment of the component of production costs for fuel was carried out, on the basis of which, taking into account the price of diesel fuel and the area of arable land in Ukraine, the market shares of diesel fuel accounted for by agricultural production was estimated. The forecasts of scientists regarding the need for diesel fuel on the scale of the country, which will grow every year, increasing the demand for biodiesel fuel, are considered. A reasoned position is presented regarding the relevance of biodiesel production in Ukraine for the needs of agriculture. The measures and regulations that stimulate the production of biodiesel fuel in the countries of the European Union and the state of state support for it in our country, as well as the oil products market for 2023 from the point of view of sales volumes and fuel prices, are analysed. It is proposed to start the production of biodiesel fuel on the basis of agricultural farms or processing enterprises on the order of producers of agricultural products from their raw materials. A methodology for assessing the economic efficiency of biodiesel production has been developed, based on the price of raw materials, which involves primary and secondary processing (raw material - rapeseed), or only secondary processing (raw material – rapeseed oil). During the primary and secondary processing, the added value obtained from the by-products is taken into account, which reduces the cost price of the produced biofuel. This methodology also takes into account such a factor of increasing the cost of production of biodiesel fuel as an excise tax. When evaluating the economic efficiency by comparing it with the market value of standard diesel fuel, the concept of energy coefficient, which takes into account the ratio of the lower heat of combustion of two types of fuel, was introduced. This scientific work presents the results of the initiative research work 0122U002187.

A analytical study on supply chain management and distribution channel at Chamundeshwari sugar industry, srinivasapura. hassan

Supply Chain Management (SCM) plays a crucial role in ensuring the efficiency and effectiveness of the Chamundeshwari Sugar Industry. This analytical study examines the intricate components of SCM within the industry, focusing on procurement, production, and distribution channels. The objective is to assess the current SCM strategies, identify potential inefficiencies, and propose recommendations for optimization. The study begins by analyzing the procurement process, including sourcing raw materials such as sugarcane, and how supplier relationships impact overall productivity. It then delves into the production process, evaluating the conversion of raw materials into finished products. The distribution channels, which are critical for delivering the final product to consumers, are also scrutinized, with particular attention to logistics, warehousing, and transportation. Through qualitative and quantitative analysis, the study highlights key challenges faced by the Chamundeshwari Sugar Industry, such as fluctuating raw material prices, transportation bottlenecks, and demand forecasting inaccuracies. Additionally, the research explores the impact of technological advancements on SCM, including the use of automation and data analytics for better decision-making. This study refers to testing through Chi-Square on analysis and interpretation. Key words: Logistics management, inventory management, procurement management, transpotation management, warehouse management, channel management.

Design and Development of a Website-Based “Agriplan” Information System to Help Plant Care

Agriculture has been an important part of human life for a long time, with farmers as the main drivers. Farmers often face the challenge of increasing land conversion, especially in West Nusa Tenggara (NTB) with population growth and the need for land for housing, offices, and government facilities. As a result, every year around 10,000 hectares of agricultural land in NTB shrinks from a total of 270,000 hectares, causing an increase in raw material prices, economic decline and loss of farmer jobs. This research aims to develop a Website-Based “Agriplan” Information System to Assist Plant Care, to support the management of narrow agricultural land with access to agricultural information and solutions. Development using Personal Extreme Programming method, with a qualitative approach through observation and interviews, as well as Black Box Testing and User Acceptance Testing. The test results show that 90.04% of this system is effective in supporting sustainable agriculture.

TRENDS OF FLUCTUATION IN AVERAGE PRICES OF DAIRY PRODUCTS IN UKRAINE IN 2003-2023

Dairy products in Ukraine are in a high demand among the population of all age groups. Milk production is a source of useful nutrients that support vital processes in humans. According to the official statistics, the long-term decrease in milk production in farms is due to the decrease in the number of dairy cattle that is lasting from year to year. At the same time, our country has access to foreign markets and is effectively developing the domestic one. It is worth noting that the internal market has its own peculiarities. It is the main task to understand what the specific features are of this market. Various characteristics can indicate the peculiarities and trends of milk and dairy production. The price value is one of the indicators that can respond to changes in demand, the emergence of competitors, updates in legislation, and other factors. Data from the official website of the State Statistics Service of Ukraine were used to analyze changes in behavior of the dairy industry that may be appeared in the price fluctuations. Investigated data base includes sales prices of milk and dairy products for 254 months for the period of 2003-2023. Fourier transformation was applied in the research. It allowed us to reconstruct general trends and build a forecast for several months ahead. Based on the results of the analysis, formulated conclusions include several points. The first one is about the deterministic trend of price growth with seasonal changes, but almost significant rapid ups and downs (the exception is 2017 year, when there was a rapid increase in product prices). The seasonality is manifested in a double change of direction according to the scheme: half a year of decline and half a year of rise, then the algorithm repeats. As usual, decreases can be observed in spring and summer months. The second point of conclusion is about controlled processes in the price forming in contemporary milk market conditions. Moreover, it would be reasonable to find factors that form such a stable tendency or keep prices on this unchangeable trajectory despite negative impacts, such as inflation, threats of war, population demand, reduction in purchase prices for raw materials, shortage in milk production and others. Data analysis was performed using Python tools.

Analysis of Italian craft beer consumers: preferences and purchasing behaviour

PurposeIn the current landscape of the beverage market, craft beer has secured a prominent position, attracting consumers seeking high-quality products with distinctive characteristics. This study aims to identify the key drivers of consumer preferences for craft beer attributes.Design/methodology/approachConjoint analysis and cluster segmentation were employed to analyze the preferences of 351 Italian craft beer consumers.FindingsThe preferences of a representative sample were analyzed to identify the utilities associated with various beer attributes, including colour, alcohol level, body, raw material origin and price. The findings indicate that colour is the most highly valued attribute, followed by price and alcohol level. Consumers prefer beers with a lighter colour, a moderate alcohol level between 5 and 7% and an affordable price. Furthermore, beers that emphasize the Italian origin of raw materials are appreciated, demonstrating a strong link with local identity. The segmentation of the sample into three clusters revealed significant differences in preferences. The first cluster preferred light beers at medium prices, the second for amber beers at low prices and the third opted for dark and full-bodied beers.Originality/valueThe findings of this study provide valuable insights for craft beer producers seeking to refine their marketing strategies and product development. Producers can better meet consumers’ evolving preferences by better understanding the diverse needs of consumers and optimizing their offerings in an increasingly competitive market.

Intermetallic Materials for High-Capacity Hydrogen Storage Systems.

In this article, we provide an overview of hydrogen storage materials, taking our previous results as examples. Towards the end of the paper, we present a case study in order to highlight the effects of substitutional alloying, compositional additives, and nanostructuring on the hydrogen sorption properties of magnesium-based intermetallics. Specifically, partial substitution of Mg by Li and d-elements by p-elements leads to structural changes, inducing disorder and the formation of high-entropy alloys. Our approach showcases the methodology to enhance the H2-capacity and to provide a positive boost to the H2-storage performance, including lower temperatures of H2 desorption, better thermodynamics and kinetics, lower temperatures of hydrogen uptake/ release for Metal-Hydride Hydrogen Storage (MHHS) systems and higher capacity of anodes for Metal-Hydride batteries (MHB) together with lower prices of raw materials.

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.

Competitive Strategies of Building Material Stores in Facing Retail Industry Competition: A Case Study of XYZ Building Material Store

The retail industry in Indonesia has experienced rapid growth, especially in the building materials sector. This research aims to analyze the competitive strategies implemented by XYZ Building Store in the face of increasing competition in this sector. This research uses a case study approach, collecting qualitative data through in-depth interviews, direct observation, and analysis of company documents. The findings show that there is an adoption of a combination of cost advantage, differentiation, and focus strategies to maintain its position in the market. External factors such as fluctuating raw material prices, government policies, and technological advancements also have a significant impact on competitive dynamics. In addition, this study highlights inter-store or retail competition, the existence of supplier monopolies, and the procurement of development plans that are often won by certain stores. Digital transformation and innovation are proving crucial in improving operational efficiency and market reach. The insights gained from this research make a valuable contribution to academic literature and practical business strategy development, offering guidance for building materials retailers to improve their competitiveness in an ever-evolving market.

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.

Genesis, qualities and realization of graphite raw materials

Graphitization factors determine the structural state, carbon particle sizes, and industrial properties of graphite raw materials and control their use in different productions as well as the prices of graphite raw materials of different quality.

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.

Vulnerability Analysis: A Tool for SMEs’ Business Resilience

This study is aimed at examining the vulnerability levels of businesses and assessing the influence of vulnerability on business resilience. This study was undertaken in Surakarta, Central Java, Indonesia. The sample selection method utilizes purposive random sampling. Data is gathered through structured interviews. The vulnerability level of businesses is gauged using an index. The vulnerability index was formulated based on three pivotal variables: exposure, sensitivity, and adaptive capacity. The vulnerability index was ascertained through the aggregation of values derived from all vulnerability indicators. The impact of vulnerability on changes in the external business environment resilience is analyzed through multinomial logistic regression. The research outcomes indicate that SMEs in the food and beverage sector fall within the bracket of moderate vulnerability. Sensitivity emerges as the most pivotal factor influencing the vulnerability index of business units, closely followed by adaptive capacity and exposure. These variables demonstrate a robust impact on SMEs resilience. The critical need for both government and business manager to prioritize ensuring access to suppliers and raw materials, manage raw material pricing, optimize product pricing strategies, and maintain market reach after macro-environmental uncertainty (disaster). This study emphasizes the importance of the durability of SMEs the nimble external environment, where access to suppliers and the price of raw materials, product prices, and market reach often change. It also reveals that sensitivity is a vital variable that affects the durability of SMEs.

Pendampingan Inovasi Produk dan Pemasaran Digital Pangsit Ikan Patin di Poklahsar Barokah

Purpose: Providing motivation and technology transfer through assistance with fish dumpling processing innovation, providing assistance through training related to digital marketing and modern packaging design. Research methodology: The method used is participatory. data collection method through direct interviews with respondents. Results: Patin fish products have undergone innovation to become catfish dumplings and catfish bone crackers with original and spicy flavor variants. Product packaging is more modern and attractive, online marketing via the website. Conclusions: Mentoring activities produce more promising business features for Partners to increase their sales turnover. Limitations: This research still uses qualitative data and has not provided quantitative data such as raw material prices, product selling prices and income received by partners. Contribution: This mentoring activity is useful for the Poklahsar Barokah MSME group in Sukosari OKU East Village to develop a catfish processing business. Apart from that, it is also useful for researchers and Baturaja University in community assistance programs.

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.

Impact of External Shocks on Peru's Economic Growth, 2000-2021

Objective: To analyze the impact of China's GDP growth and an international oil price shock (external shocks) on Peru's growth rate, terms of trade, private investment, exports and unemployment for the period analyzed. Originality/Value: This study contributes to the literature on the dependence of a small economy on external factors, verifying through an econometric analysis the implications of an external shock that will be relevant for economic policy decision makers, academia and globalized economic culture. The relevance and value of this research are evidenced by quantifying the impacts of a large economy like China on variables such as terms of trade, private investment and Peru's GDP growth rate. Method: It is quantitative and exploratory with 4 variables, China's GDP growth rate, terms of trade, private investment and Peru's GDP growth rate; It is exploratory because it will give us an overview or knowledge of the behavior of China's GDP growth rate, terms of trade and private investment and their impact on Peru's growth rate from 2000 to 2021. The variables explained are: China's GDP growth rate (tCreChin), terms of trade (tInt), private investment (inv Priva). Explanatory variable: Peru's GDP growth rate (tCrePerú). The design is non-experimental of a correlational type, the population includes data from the 04 variables for the years 2000-2021, each with 22 observations that were extracted from the 21 years analyzed, extracted from institutional secondary sources BCRP and World Bank (WB). Subsequently, tests will be carried out to verify correlation, stationarity and heteroscedasticity in the variables and the estimation of the model parameters for several alternatives or possible combinations of factors. In each case, the “t” test, the “F” test will be performed and the coefficient of determination R2 will be calculated, to determine the best fit. And finally, the best model will be selected for forecasting purposes. Results: The response of GDP to a shock of the GDP variable of China has a positive impact from period 1-3, on the other hand the IT variable has a positive impact from period 1. Another relevant aspect achieved is that in 10 years, 51% of the variability of Peru's economic growth depends on the variability of China's growth, 2.20% of the variability of Peru's economic growth depends on the variability of the IT variance and 1.48% of the variability of Peru's economic growth depends on the variability of private investment. Discussion: Our results find similarity with studies by Guevara and Yamaca (2021) and Chávez (2020) et.al., since an external shock is positive and explains a high percentage of historical variability. A shock to China's GDP growth has a greater effect on Peru's GDP growth; and financial shocks reduce domestic GDP growth. On the other hand, Peruvian monetary policy is synchronized with the behavior of the American FED to mitigate the adverse effects of external factors. In our study we use a VAR demonstrating the influence of China's economic growth, the terms of trade, Peruvian GDP and private investment. Finally, the findings indicate that the impacts of external shocks on economic growth are more long-term than short-term, and also reveal the existence of fragility in the international economy that can be opportunities on the side of raw material prices.

Analisis Pendapatan dan Faktor-Faktor yang Mempengaruhi Pendapatan Usaha Emping Melinjo

This study aims to find out: (1) The cost of emping melinjo business. (2) Business income emping melinjo. (3) What factors affect the business income of emping melinjo. The method used in this study is quantitative research method. The population in this study is emping melinjo business actors in Tuk Village, Kedawung District, Cirebon Regency. The sampling technique in this study was to use a simple random sampling technique as many as 52 business actors were sampled. The data analysis technique used are classical assumption test and multiple linear regression using SPSS 22 aplication. The results showed that: (1) The costs incurred for fixed costs and variable costs were RP 85,531/month and RP 16.302.433/month respectively with total costs of Rp 16.387.964/month and average receipts of Rp 19.119.519/month. (2) Average income of Rp 2.731.556/month and worth working on with an R/C ratio of 1.18. (3) Factors that affect emping melinjo business income are selling price, raw material price, and length of business. The results of this study are useful for emping melinjo business actors in order to increase business income.

Pengendalian Biaya Kedelai Home Industry Tahu-Tempe Mbak Sri

This study aims to analyze the material cost control in Mbak Sri's home industry of tofu and tempeh production. Material costs constitute a significant portion of the total production costs, and effective control measures are crucial for ensuring profitability. The research employs a qualitative approach, utilizing observation and in-depth interviews to gather data. The findings reveal that Mbak Sri implements several cost control strategies, including careful material selection, efficient utilization, and waste minimization. However, challenges arise due to fluctuating raw material prices and limited bargaining power. The study recommends implementing a comprehensive material management system, establishing strategic supplier relationships, and exploring alternative sourcing options to enhance cost control measures. By addressing these recommendations, Mbak Sri's home industry can improve its overall operational efficiency and profitability.

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.